As CD rates settled ever lower this week, there’s word that President Obama is preparing to stomp on the top execs at two big banks that helped caused the financial crisis.
According to reports from the Associated Press and New York Times, the president will demand that the annual salaries of the 25 highest-paid executives at [...]

If you’ve got big money, Ridgestone Bank has big CD rates.
It’s paying 2.50% APY on a 25-month CD, which matches the

Country Bank for Savings has one of the best short-term CD rates around.
It’s paying 1.80 APY with a $500 minimum deposit on 5-month and 6-month certificates of deposit.
That’s the best, nationally available deal on a 6-month CD since H&R Block Bank switched its special to 3-month CDs last week.
The fact that the 14-branch bank based [...]

With most 12-month CD rates dropping like a stone, who’d have thought the best returns would be higher this month?
But they are.
Two banks offering 2.25% APY lead our October rankings of the top-paying, nationally-available 1-year certificates of deposit.
That’s up from 2.05% in our September rankings.
That increase comes despite the fact that average return on 12-month [...]

H&R Block Bank has replaced its top-paying 6-month CD special with a 90-day promotional rate.
The online bank owned by the well-known tax preparer had led our rankings of the best 6-month CD rates for more than a month by offering 2.00% APY with a $10,000 minimum deposit.
But that’s over now and H&R Block Bank has [...]

As CD rates continued their long decline this week, Wall Street traders and economists are divided on how much longer the decline will last.
Bankrate’s weekly survey of large banks and thrifts taken Oct. 14 found the average annual yield for a:
3-month CD remained at 0.41% for the second week. But that’s the lowest average since [...]

The best 24-month CD rates didn’t change over the past month even though the average return on 2-year certificates of deposit plunged to record lows.
The top rates in September ranged from 2.50% APY to 2.40% APY, exactly the same as in our new, October rankings.
The best nationally available deals on 24-month CDs are:
2.50% APY with [...]

CD rates declined this week, with the average yields on 3-month, 6-month and 12-month certificates of deposit reaching new record lows.
That’s too bad because this is a logical time to be buying short-term CDs.
Since many economists expect the Federal Reserve will end its campaign to push interest rates artificially low by next summer, you [...]

A new offer from ING Direct has claimed a top spot in our rankings of the best, nationally-available 12-month CD rates.
The American online bank of the Dutch financial giant ING is paying 2.10% APY with no minimum deposit.
Although that’s not quite as good as the 2.25% APY available MetLife Bank, you have to invest at [...]