bank rates

CD Rates Leaderboard For August 1, 2011:
AloStar Grabs Top Spot In Two More Terms

This is a great page to bookmark so you can always find the best nationally available deals on the most popular CD rates.AloStar Bank of Commerce captured two more spots on our CD Rates Leaderboard this morning.

Bank of Internet USA cut its rates, and fell from the lead in 6- and 12-month CDs.

That allowed AloStar to move up and offer the best nationally available returns on those certificates of deposit.

The online bank based in Birmingham, Ala., is paying 1.12% APY on 6-month CDs and 1.27% APY on 12-month CDs, with a $1,000 minimum deposit.

Since it was already our leader in 3-month CD rates, that means AloStar is back to being the undisputed leader in short-term CD deals.

The next post we’re working on is about a credit union that’s offering a very competitive return on 48-month CDs. We hope to have that ready to go in just a couple of hours so check back soon.

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