This is be a part two of my four part series on banks in the states of the Vice Presidential/Presidential candidates. This post will focus on Joe Biden's homestate; the banks of Delware and their CD Rates.
First thing you'll notice is the banks in Delaware are some of the ...
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Written by Administrator on October 30th, 2008
Written by Administrator on October 7th, 2008
On October 3, 2008, President Bush signed the Bail-out plan into law. Part of the package was an increase in the FDIC insurance limit to $250,000.00. At this time, however, it is only temporary. This part of the plan is set to expire on 12/31/2009.
In the meantime, ...
Written by Administrator on September 29th, 2008
Now that the bail-out has failed it will be interesting to see what happens to the CD Rates in the USA. Apparently, the House of Representatives is closed for a few days to honor the Jewish Rosh Hashana holiday.
Two things could happen in the short-term. 1) USA ...
Written by Administrator on September 23rd, 2008
I'm sorry, but I just can't jump on the band wagon for this bail-out. I know a lot of people are saying it is necessary or the American financial system will fail. Poppy-cock. Without the bail-out the cleansing that needs to take place will take place. ...
Written by Administrator on September 11th, 2008
I thought it might be fun to feature banks in the home states of the current Presidential / Vice-Presidential candidates. As most of you know, the VP for the Republican Party is Sarah Palin from Alaska (AK).
This will be a four-part series and after I'm all done, ...
Written by Administrator on August 22nd, 2008
Heritage Bank, NA has some sweet CD rates. There is more than one Heritage Bank in the USA. This one is based in Phoeniz, AZ (Arizona) and their FDIC# is 58416. The bank was established in September of 2006. The bank has almost $163MM in ...
Written by Administrator on August 13th, 2008
Although this site is generally about CD and Savings Rates, I thought you may be interested in a loan program I discovered. It is called Zopa and can be found at Zopa Personal Loans
Person-to-Person lending basically cuts the bank out of the picture and people lend directly to ...
Written by Administrator on August 2nd, 2008
[UPDATED: 11/22/2008] WT Direct is the internet presence of Wilmington Trust FSB. Their FDIC# is 33911. Wilmington Trust is headquartered in Baltimore, Maryland. As of March 08, they have about $683MM in assets, putting them in the medium sized bank category. They do have a 1st quarter loss of ...
Written by Administrator on July 25th, 2008
Alliant Credit Union has decent CD Rates. As rates were coming down they continued to have rates above market. However, as rates have begun to come back up they have been slow to respond and are being left behind.
Their Certificate of Deposit Rates are as follows:
1-Year CD3.90%
2-Year CD4.05%
Like ...
Written by Administrator on July 12th, 2008
[Update: 7/11/08, 11:35 PM PST] -- As I read through the press release, it appears that the FDIC plans on running the new bank until they can find someone to purchase the assets. It mentions normal bank services and hours will resume on Monday at all branches. ...