Banks for You!

This is an ESB Bank CD rates November Review 2011that has noticed a slight dip in many of the terms that were being offered by the lowering of the APY’s. This makes investing your money in them not as lucrative as they once were.

The current bank CD rates for the promotional CDs include the 60 day CD that is earning an APY of 0.25%. The 9 month promotional CD is earning an APY of 0.40%. These require a minimum deposit of $1,000

The best CD rates are being offered by the 30 month promotional CD that is earning an APY of 1.10% and requires a minimum deposit of $500.

There are also the jumbo certificates of deposits being offered by ESB Bank. Each of these CDs requires a minimum deposit of $80,000 to open an account and obtain the stated APYs.

The 7 day to 364 day CD is presently earning an APY of 0.05%. The 1 year CD is earning an APY of 0.10%.

The 18 month CD is earning an APY of 0.15%. The 2 year CD is earning an APY of 0.20%. The 3 year CD is earning an APY of 0.35%.

The 4 year CD is earning an APY of 0.75%. The 5 year CD is earning an APY of 1.05%.

All of the CD rates being offered by ESB Bank have been reduced by up to 1.05% in their APYs. Th

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Four Corners Federal Credit Union provides attractive interest rates for their regular and jumbo certificates of deposit. The credit union has the following current CD rates:

Regular CD

• 6 months        1.00% APY
• 12 months      1.31% APY
• 24 months      1.71% APY

Jumbo CD

• 6 months        1.26% APY
• 12 months      1.56% APY
• 24 months      1.96% APY
• 36 months      2.78% APY
• 48 months      2.78% APY
• 60 months      2.78% APY

If you choose to have a regular CD account, you will only be required to deposit a minimum of $1,000 to open an account. But if you choose having a Jumbo certificate of deposit instead, then you will be required to deposit a minimum of $25,000 to open an account. Once your certificate of deposit account is opened, you will no longer be allowed to make deposits until the maturity date. The credit union may impose a penalty on your certificate of deposit account when you withdraw funds before the maturity date.

The dividends earned by your CD account are paid every quarter, these are mailed or transferred to your other account with the credit union. This best certificate of dep

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On December 4, 2003, President George W. Bush signed into law as an amendment to the Fair Credit Reporting Act; the Fair and Accurate Credit Transactions Act (FACTA). This law is specifically designed to prevent fraud and identity theft which is the fastest growing financial crime today. The law sets new guidelines on how merchants print receipts, on how lending institutions process and protect your personal and financial information. It provides means and remedies for fraud and identity theft victims to repair and regain their good credit standings.

Identity Theft Prevention and Credit History Restoration

This section of the act deals mainly with preventing identity theft. It allows a consumer to place “fraud alerts” or “active duty alerts” on their credit reports, making it so that potential creditors should be more thorough in verifying the applicant’s identity, such as calling the applicant to ask certain questions that only he or she should know about their credit file, ensuring that the applicant is really who they say they are.

This section of the act also limits what information can be printed on a receipt, such as only printing no more than the last 5 digits of the credit card number on the receipt.

Identification of Possible Instances of Identity Theft (Red Flags Rule)

This rule sets guidelines for business that issue credit to their customers so that the early signs of fraud and potential identity theft can be noticed and caught. This rule

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This One West Bank CD rates September Review 2011 was prompted by a decrease in the rates by this financial institution. This decreased the return of the money you would be investing since our last review.

The reduction in the APYs is from 0.10% in the short term to 0.55% in the longest term CDs.

To obtain the certificates of deposits rates you must place a minimum deposit of $1,000. The following rates are available online, at your local One West Bank branch office and foe your IRA.

The CD’s is being offered at the branch offices are only available to California residents. The IRA’s are available both online and at the local branch offices.

The current bank CD rates include the 3 month CD that is earning an APY of 0.60%. The 4 month CD is earning an APY of 0.60%. The 6 month CD is earning an APY of 0.85%.

The 9 month CD is earning an APY of 0.90%.The 1 year CD is earning an APY of 1.00%. The 13 month CD is earning an APY of 1.05%.

The 18 month CD is earning an APY of 1.10%. The 2 year CD is earning an APY of 1.10%. The 3 year CD is earning an APY of 1.25%.

The 4 year CD is earning an APY of 1.35%. The

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