Internet searches can yield the best CD rates, allowing depositors to match the term to their savings goals.
Stonebridge Bank, headquartered in Pennsylvania, offers a variety of CD rates and terms, each with a minimum deposit requirement of $500. All funds are fully FDIC-insured.
Stonebridge Bank CD rates as of 5/11/11:
Term/Rate
6 months CD / 0.75% APY
12 month CD / 1.15% APY
14 month CD / 1.25% APY
18 month CD / 1.30% APY
21 month CD / 1.20% APY
24 month CD / 1.40% APY
30 month CD / 1.50% APY
36 month CD / 1.60% APY
60 month CD / 2.10% APY
Compare CD rates and terms to find the best interest rates for your needs.
Opening a savings account in conjunction with a checking account can help you build your savings faster through automatic transfers.
Washington Savings Bank offers online customers their Saver Rewards account, currently paying 1.51 percent APY on balances between zero and $15,000. Higher balance accounts earn 0.65 percent APY.
The Saver Rewards account must be opened along with an Interest Rewards Checking account. The Saver Rewards account has no minimum balance requirement and only a $10 minimum to open. In order to earn the maximum interest, accountholders must make 12 debit card purchases per month, receive eStatements and use online bill paying or have a direct deposit. If the qualifications are not met, there are still no monthly fees and the accountholders will earn 0.05 percent APY.
Compare savings account rates and terms online to find the best interest rates.
A hacker group behind major security breaches like that of Sony Corp., the CIA and the U.S. Senate, has announced it will be going out of business. The group began its cyber-attacks on major companies and government entities almost two months ago, but has announced via Twitter its planned 50 day cruise has expired.
Lulzsec Calls It Quits
Lulz Security, the hacker group that has caused problems for a number of major business and government entities over the past few weeks has decided that it will now be going out of business.
The group gained attention after publicly announcing its takedowns of the CIAs public website, Nintendo Co.s computers, InfraGard (an information-sharing organization of companies affiliated with the FBI to thwart cybercrime), the U.S. Senates website and also stealing and posting the personal information of over 77 million Sony Corp. customers.
The group, which is said to consist of 6-8 people and is led by one hacker named Sabu, says it was simply ready to disband and move on to other ventures. Howev
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This list of Bank CD Rates May 2011 that are well above the national average include the short term CDs at Aurora Bank in Wilmington, Delaware. Their Bank CD Rates are in a tiered format with minimum deposits of $1,000, $5,000, $10,000, $50,000 and $100,000. Unfortunately they are the same except for the $100,000 ones that actually gives you just a little more for your deposit.
The 6 month CD is earning 1.06% and 1.08% respectively. The 1 year CD is earning an APY of 1.23% and 1.25%. The 18 month CD is earning 1.36% and 1.39% respectively. The 2 year CD is earning an APY of 1.23% and 1.25%.
The 3 year CD is earning an APY of 1.82% and 1.84%. . The 4 year CD is earning an APY of 2.05% and 2.08%. . The 5 year CD is earning an APY of 2.41% and 2.44%.
Doral Bank with location in Puerto Rico, New York and Florida has great short term CD rates. The 6 month CD is earning an APY of 0.75%. The 1 year CD is earning an APY of 1.40%. The rest of the rates, which are of a longer term only get as high as 1.25%.
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Mining giant Xstrata PLC says it will begin to export magnetite, a form of iron ore as it seeks to service Asian demand from its mining interests in Australia. The company spent $589 million redeveloping its Ernest Henry copper and gold mine in order to give it iron ore extraction capability.
Xstrata will have a capacity to export 1.2 million tons of iron ore per year, and the move is a key part of the company’s plan, which seeks to transform the Ernest Henry mine, into an underground mine from an open cut mine.
Magnetite is being produces as a by products of the gold and copper ore being extracted from the site, which previously had simply been discounted.
Magnetite, is iron ore which has much lower ferrous (iron) content then typical iron ore which is known as haematite. The former accounts for just one per cent of Australia’s total iron ore production, and has an ferrous contend of 36 per cent, compared with haematite 61 per cent minimum. As
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PNC Bank purchased RBC Banks retail banking and credit card businesses for $3.62 billion, as further analysis of the Capital One-Ing Direct deal emerged. The Fed still reported sluggish economic growth, but, as always, there were big developments in the technology sphere, which well see in this weeks news wrap-up.
NFC, one of the hottest topics in the tech/finance world, has arrived from Naratte Inc., with their creation of Zoosh ultrasonic technology. This software can be implemented into other apps to wirelessly and securley transfer data, both financial and otherwise, from phone to phone or POS. The software just uses the speaker and the microphone already implanted in mobile devices, which means that consumers need just a simple app upgrade and theyre ready to Zoosh.
Find out more: Zoosh Provides NFC with Just Speaker and Microphone
Meanwhile, American Express and FourSquare teamed up to create American Express Specials, where cardmembers can check in to a store, load the automatic pop-up Special onto their AmEx cards, and make purchases to earn points and cash back on their original purchase prices.
The PNC Bank (NYSE: PNC) deal will secure them as the fifth largest U.S. bank
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Lomto Credit Unions purpose since its beginning in 1936 is to help those who are facing financial hardship by providing beneficial financial products and services. Today, Lomto Credit Union continues to do just that and by offering a competitive 12-month CD rate of 1.41% APY.
Please contact the financial institution for the minimum balance and additional requirements in order to be eligible for this 12-month CD account. Rates are subject to change at Lomto Credit Unions discretion. Early withdrawal may result in penalties.
Lomto Credit Union stands for League of Mutual Taxi Owners, which began as a union to help those who needed financial assistance with starting their own taxi business in New York. Today, they manage over $100 million in assets and continue to expand their membership. Lomto Credit Union continually strives to provide members with the most competitive interest rates for both deposit and loan products.
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