Summit Community Bank has a top-paying odd-term CD for savers in West Virginia and northern Virginia.
It’s offering 3.00% APY on a 49-month certificate of deposit with a $5,000 minimum deposit.
That’s almost a half-point higher than the best nationally available 36-month CDs and about the same as the top nationally available returns on [...]
W. Virginia Deal: 3.00% On A 49-Month CD
ING Direct Electric Orange Checking $50 Promo with Reference Code EM488
The ING Direct Electric Orange Checking account is now offering a $50 promotional bonus with the Reference Code EM488.
You’ll get a $50 bonus when you open an Electric Orange Checking account from ING Direct and make at least 3 signature-based debit card purchases within 45 days of opening your account.
Here’s How to Earn Your ING Direct $50 Bonus
1. Visit INGDirect.com/ZeroFees to open your account online.
EverBank's $75 Bonus on Top of its 2.25% 3-Month Intro Rate
EverBank has a new-account promotion in which you can earn a cash bonus of up to $75. A $50 bonus is awarded when you open the Yield Pledge Money Market Account with a minimum deposit of $20,000.
Read more »Fort Knox Fed: You’re Out Of Our Rankings
After a long and heated discussion here at Bankaholic World Headquarters, we’ve decided to throw Fort Knox Federal Credit Union out of our rankings.
It’s not because Fort Knox Federal raised rates. Or because it stopped accepting applications from savers nationwide. Or because it had lousy customer service. (We haven’t received a single complaint.)
It’s because we’ve [...]
Coastal Community Bank Fails Along With 4 Others
This week was another rough one for Florida banks: Two Florida-based institutions failed, bringing the state’s 2010 bank failure total to 20. NorthWest Bank and Trust and The Cowlitz Bank also failed Friday.The larger of the two Florida banks to fail this week was Coastal Community Bank. Based in Panama City, Fla., Coastal Community was shut down Friday by the Florida Office of Financial Regulation. Coastal Community had assets of $372.9 million, according to the Federal Deposit Insurance Corp. (FDIC).
Read more »Equifax Free Credit Score Card to Find Out Your Credit Score Range
Equifax is offering a free credit score card to find out your credit score range from Equifax.
Get your Free Credit Score Range from Equifax with no credit card required and no further obligations.
Simply register with Equifax to receive your free credit score card.
You’ll receive free, instant online access to your Equifax credit score range with a description of key factors that are affecting your score.
Win $250 For Using Your Debit Card With Lake City Bank
If you make purchases with your Lake City Bank debit card, you could win $250. If you don’t have an account at Lake City Bank, you’ll need to sign up and start swiping to have a chance at the prize.
Lake City’s “Signature Based Debit Card Promo 2010″ runs through the end of the summer and will award two more lucky Lake City customers with $250 apiece.
How to Enter
The CD Rates Leaderboard For July 30
Two unusual credit unions that allow anyone to join, regardless of where they live or work, continue to offer almost all of the best nationally available CD rates.
To see our most recent rankings of all the top rates for 3-month to 5-year CDs, just click on the term you’re interested in.
3-month CD: 1.40% APY from [...]
Should Your Family Rent or Buy a Home?
If you’ve made enough money to start building a family and you’ve got a good college savings fund going, you’ve probably considered the question: Should you rent an apartment or buy a home?
Each has its advantages and disadvantages, and the answer might come down to personal preference. Let’s take a look and some of the pros and cons of each:
Why Rent?
Wells Fargo to Hand Consumers Financial Reform Burden
Wells Fargo won’t be the only one paying for the restrictions put in place recently by the government. It will be you, the consumer, who will end up helping the institution make up lost revenue.
Read more »Enjoy Rates Up To 4.75% With Reward Checking
High-yield checking accounts aren’t as high-yield as they used to be.
Just a year ago savers had their choice of great-paying, nationally available reward checking offers that paid 5% or better.
Now you’ll have to settle for earning 4% or better.
But any high-yield account that makes our rankings is going to be a far more lucrative investment [...]
Travel Tips That Won’t Break the Bank
Admit it: You have daydreamed of sandy beaches and cold drinks on more than one occasion during your workday. Although thoughts of rest and relaxation are enticing, the hefty price of travel often keeps people from taking advantage of their vacation days.
Here are some tips to make sure you get the best deal for what you are paying so you can get a well-deserved break.
It’s All About The Timing
WesBanco $125 Checking Account Bonus Offer
WesBanco is currently offering a $125 checking account bonus offer when you open a new WesBanco checking account by August 31, 2010, and meet the qualifications, valid for customers in West Virginia, Ohio, and Pennsylvania.
Just open a new WesBanco checking account and complete the following actions to earn up to $125 in banking bonuses:
1. Earn $50 for setting up a direct deposit or signing up for e-statements within 90 days.
2. Earn $50 after you make 20 debit card transactions within 90 days.
3. Earn $25 for referring a friend.
Leading 5-Year CD Rates Still Top 3%
The Big Apple is the place to go for the best rates on 5-year CDs.
Indeed, it’s the only place to go if you want your long-term savings to earn more than 3% a year.
Melrose Credit Union, which has a single office in Queens, is paying 3.29% APY with a $5,000 minimum deposit.
This unusual credit union [...]
US Federal Credit Union Mortgage Rates & Special Offers
US Federal Credit Union, based out of St. Paul, Minnesota currently has some fairly noteworthy mortgage rates as well as a “free-in-10″ mortgage promotion which is only available for a limited time. Thanks to BankVibe.com reader Ian for bringing these products to our attention!
Quick history lesson on US Federal Credit Union:
Shower Yourself In Gifts From WSFS Bank
WSFS bank knows that ever body likes getting gifts and with their new Personal Banking Services promotion you can earn as many of their featured gifts as you want.
What to Do
Each month there is a different featured gift. This month’s gift is a Northern Gravity Gear Swiss Edition Backpack. Next month you can pick up a Boulder Pack Company Foldable Stadium Chair.
Reviewing the CARD Act Part II: The Bad
*This is the second half of a two-part look at the effects of the CARD Act after its first six months. Part one can be found here.
Read more »Weekly Wrap-Up: Gender Equality, Credit Report Changes in Financial Reform
The past week in banking and finance news has had as much to do with the previous week’s passage of the financial reform act as it has with new developments any new developments.
As media and analysts have worked through The Dodd-Frank Wall Street Reform and Consumer Protection Act, the smaller points of the bill have come to light. From changing the way firms hire to helping consumers find their credit scores, the industry-shifting piece of legislation does a whole lot more than separating investment bankers from consumer finance divisions.
Citigroup Pays For a $75 Million Mistake
The Securities and Exchange Commission (SEC) has reached a settlement with Citigroup Inc., in which Citigroup will pay $75 million to settle regulatory charges related to subprime mortgage-lending. Although the SEC will not charge Citigroup with fraud, the institution will be charged with material omission of disclosure requirements.
Why Citigroup is in Trouble
Citi Forward Card Gives You $200 Restaurant.com Credit
Everybody likes a good meal, and Citi wants you to treat yourself after you sign up for a Citi Forward credit card.
The Benefits
• Get one reward point for every $1 you spend on purchases. If you spend at restaurants or on books, movies, and music, you earn five “Thank You” points for every $1 spent.
• Earn up to 2,500 points when you sign up for paperless statements.
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