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>> April 2008 CD / Money Market Rate Recap

Tuesday , April 29, 2008
CD of the Week: OnBank
If you didn't jump on the IndyMac CD last week, you're too late, the GOtalkmoney effect played a huge role once again. I'm telling you people, jump on the CD of the week.. This week we like the 2 year, 3.83% APY, $500 minimum at OnBank.

Tuesday , April 29, 2008
Eloan Raises Rates
Eloan is jumping back into the top ten for the first time in a couple weeks. Eloan currently holds three number one spots on the 18 month, 3 year, and 5 year charts. All of Eloan's CDs require a minimum investment of at least $10,000.

Tuesday , April 29, 2008
Two Money Market Leaders
IndyMac was holding the number one spot for the money market rates but decided to drop it's rate to a 4.00% tying with Corus Bank who is also offering the same rate. Corus Bank only requires a minimum deposit of $100 while IndyMac requires $1,000.

Tuesday , April 22, 2008
CD of the Week: IndyMac
For the second week in a row, I'm picking IndyMac has my favorite CD. Right now, you can get ahold of a 6 month CD giving a very nice 4.15% APY. The highest money market rate available is IndyMac's as well offering a 4.05% APY.

Tuesday , April 22, 2008
OnBank Debuts
OnBank has made it's first GOtalkmoney.com debut this week, grabbing a spot on the 2 year chart offering a 3.83%, $500 minimum. OnBank is FDIC insured and you can read more about this bank on our GOtalkmoney blog.

Tuesday , April 22, 2008
Countrywide Raises Rates
Countrywide Bank disappeared for a few weeks but has emerged grabbing a few number one spots on the 18 month, 2 and 3 year charts. All of Countrywide's CDs require a $10,000 minimum.

Tuesday , April 15, 2008
California First Raises Rates
California First National Bank has made an appearance yet again. You can find them currently located on the 1 year, 2 year, and 3 year chart. You can also find them on the top ten money market chart offering a 3.60% APY money market account.

Tuesday , April 15, 2008
April CD Averages Updated
We updated the rate averages for the month of April. For the first time in a few months, we saw some increases in the 1 year and 5 year sectors. The 1 year terms made a jump from 3.60% APY to 3.67% APY. The averages can be seen on the cd averages page.

Tuesday , April 15, 2008
CD of the Week: IndyMac
This rate was available two weeks ago and disappeared within days. It seems as if IndyMac is looking for more clients. Right now, you can secure a 6 month CD with a minimum deposit of $5,000 and you'll receive a very solid 4.05% APY!

Tuesday , April 8, 2008
Capital One Raises Rates
Capital One Bank raised it's rate over the week. Currently, they are sitting at number one on the 5 year chart with a 4.50% APY. All of Capital One's CDs require a minimum of a $5,000 minimum deposit.

Tuesday , April 8, 2008
Jump on the CD of the Week
For the second straight week, the CD we highlight as the CD of the week disappears. What does this mean? A lot of Gotalkmoney.com viewers sign up for the CD forcing the banks to lower the rate drastically. This means that you shouldn't wait long!

Tuesday , April 8, 2008
CD of the Week: GMAC
This week I'm not going to go with a number 1 rate but rather than a number 2 rate. I'm going to choose GMAC's 6 month CD rate which is currently going 3.60% APY. The reason is because they offer a very low minimum balance of $500 and this rate is fairly competitive.

Tuesday , April 1, 2008
CD of the Week: IndyMac
This week I'm going with IndyMac's 18 month CD. Last week they were offering the same exact CD at a 3.66% APY. This week they are offering it at a 4.15%. This is a great rate seeing that the number 2 bank, Advanta is offering an 18 at 3.66% APY.

Tuesday , April 1, 2008
GMAC Raises Rates
GMAC made a hefty adjustment to most of their CD rates. One of the biggest improvements was thier 1 year CD. It went from a 3.61% to a 3.90%. One of the biggest increases this week. The minimum balance to open is $500.

Tuesday , April 1, 2008
WAMU Drops Off The Board
I hope you grabbed some of Washington Mutual's hot CD rates becuase like most banks, they typically tend to drop a lot within a week because of the demand. Their previous 6 month, 4.00% APY is now gone.

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