UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: stratton2 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75384  
Subject: Re: Bank-loan Funds Date: 6/7/2007 1:47 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 2
You might be interested in this:

Fixed Income -- Juice Your Returns

As of the time of this writing, Justice Federal Credit Union of Washington DC had a 6.25% APY 2-year CD and a 6.35% APY for amounts of $100K or more. In order to qualify for membership, however, you may need to join the National Sheriffs Organization at a one time cost of $35, which would lower your APY by 0.02% for a $100K amount.

Alliance Bank in Culver City, California, has a deal I'm pretty excited about. It's a 3 year IRA CD that pays a variable rate of prime minus 1.5%. With compounding, that equates to an incredible 6.98% APY! Booyah! Sure the rate could go down, but this CD only has a 3 month surrender charge.


http://indexuniverse.com/index.php?option=com_content&view=article&id=2813&Itemid=30

The article also mentions a few other places with track records of high CD rates such as Pentagon Fed.

Paul
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Berkshire Hathaway

Starting a Small Business
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement