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I just came across La Jolla Bank that is currently offering some top 10 CD Rates.  This bank occasionally shows up in the top ten charts but it’s fairly rare.  Not only is this bank offering great CD rates, they are offering an Internet Savings account as well.

CD Rates as of 2/19/09:

• 3 months:  1.80% APY
• 6 months:  2.35% APY
• 12 months:  2.55% APY
• 24 months:  2.80% APY
• 36 months:  2.95% APY
• 60 months:  3.30% APY

All CDs require a minimum deposit of at least $10,000.  CD’s require a substantial penalty for early withdrawal.  Personal funds only.  Interest will credit to accounts monthly.

La Jolla Bank is also offering a Internet Savings account at a current rate of 2.00% APY.  A minimum deposit of $1,000 is require to open the account.

La Jolla Bank is FDIC insured.  For more information on these accounts, visit LJBank.com or call 1-800-333-1909.

If you’re a fan of Credit Unions, you may want to check out Melrose Credit Union’s top CD rates this week.  They are offering some amazing deals that no other banks are even coming close to.

Here are the rates as of 2/18/09:

• 1 year:  3.39% APY
• 2 year:  3.55% APY
• 3 year:  3.70% APY
• 4 year:  3.85% APY
• 5 year:  4.27% APY

On top of that, Melrose CU is offering a 2.02% APY share account.  In order to open up a CD, you must deposit at least $5,000.

By the research I did, this Credit Union has been quite competitive among other banks in the past few years.

Anyone can join this Credit Union and it only has a $1 one time membership fee.  In order to open an account, you must provide:

• Valid photo ID
• Proof of address like a utility bill
• Social Security Number

For more information on these great rates and how to join, visit MelroseCU.org or call 718-658-9800 ext. 1014.

It’s another Tuesday and rates are falling well below 3% which shouldn’t surprise any of us.  A new bank popped up into the top ten charts this week, Intervest National Bank.  Intervest has shown up before but usually pops in and out throughout the months.

Right now, Intervest holds the #1 rate for the 18 month category.

Here are the CD rates as of 2/17/09:

• 6 month:  2.60% APY
• 1 year:  2.80% APY
• 18 months:  2.95% APY
• 2 years:  3.00% APY
• 3 years:  3.15% APY
• 4 years:  3.50% APY
• 5 years:  3.66% APY
• 6 years:  3.66% APY

On top of the competitive CD rates, Intervest National Bank is also offering a 2.80% APY money market account on balances over $2,500 as well as a savings account at 2.75% on balances over $500.

All of these accounts are FDIC insured.  Intervest National Bank currently has a 2 /5 Bankrate.com safe and sound rating.

OneUnited Bank usually falls in and out of the top ten charts when offering CD and savings rates but as of late, they are offering some top ten rates, so I thought I’d point them out.

These rates are as of 2/16/09:

Unity Gold One Year E-CD at 2.50% APY.  The minimum deposit required is $1,000.  If you invest over $10,000, the rate increases to 2.75% APY.

• 90 Day CD:  1.50% APY
• 270 Day CD:  1.75% APY
• 18 month CD:  2.00% APY
• 2 year CD:  2.00% APY
• 3 year CD:  2.50% APY

If you’re not interested in a CD right now, OneUnited is also offering a Unity Gold E-Savings rate at 2.60% APY.  You must deposit at least $1,000.

With the Gold E-Savings account, you get –

• Free online banking.
• No ATM fees for proprietary ATMs
• NO check cashing fees
• Free 24 hour banking

All accounts with OneUnited are FDIC insured.  Fore more information on this bank, visit OneUnited.com.

Thanks goes to BankDeals for finding this

I saw an for my local Chase bank giving away a $100 bonus on President’s Day only (Yes, most, if not all WaMu and Chase branches are opened Monday).

Here’s how you do it:

• Make sure you call up your branch and see if they are offering this $100 bonus.
• You have to open up a checking account with direct deposit.
• Deposit at least $100.

You will need to open up this account in person at a branch and must be done tomorrow on Monday (2/15/09).

There are no details on the website but readers across the Internet have verified this.  Since WaMu is part of Chase, both parties are eligible.  All accounts are FDIC insured.