Banks for You!

This is a Virginia Heritage Bank CD rates January Review, 2012 that is happy to announce there were no more reductions in the CD rates being offered the public. This allows for more consistency when you are investing your money with this financial intuition.

The minimum deposit for opening a certificates of deposit account is $500.

The current bank CD rates include the 3 month CD that is earning an APY of 0.35%. The 6 month CD is earning an APT of 0.35%.

The 9 month CD is earning an APY of 0.50%. The 1 year CD is earning an APY of 1.00%. The 18 month CD is earning an APY of 1.15%.

The 2 year CD is earning an APY of 1.20%. The 30 month CD is earning an APY of 1.25%. The 3 year CD is earning an APY of 1.55%.

The 4 year CD is earning an APY of 1.75%. The best CD rates are from the 5 year CD that is earning an APY of 2.00%.

There is also IRA CDs being offered by the Virginia Heritage Bank and are slightly better than the standard CD rates. The minimum deposit amount is still at $500. The current IRA CD rates include the 3 month CD that is earning an APY of 0.40%.

The 6 month CD is earning an APT of 0.40%. The 9 month CD is earning an APY of 0.55%.

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An aggressive supermarket price war and a range of high street promotions are expected to trigger a sharp fall in December’s inflation figure on Tuesday.

The Office for National Statistics (ONS) is expected to reveal that the consumer prices index (CPI) rate of inflation fell to 4.2% last month, from 4.8% in November, according to consensus City forecasts.

The drop, down from September’s three-year peak of 5.2%, came as a vicious supermarket price war unfolded and an unprecedented number of pre-Christmas promotions were put on by retailers desperate to drum up trade.

A further drop in the rate of inflation is likely to reinforce arguments in favour of holding interest rates at historic lows of 0.5%, after thinktank CEBR predicted they will be held until 2016, as well as another boost to the quantitative easing programme.

Victoria Cadman, an economist at Investec, who has forecast CPI to come in at 4.3%, said: “Evidence for December to date suggests that it has been another month of heavy discounting on the high street, helping to keep a hold on clothing and other goods price inflation.”

Earlier this month, the British Retail Consortium (BRC) said shop price inflation fell to 1.7% in December down from 2% in November – its lowest level for 16 months.

The rate of inflation for non-food items was at a two-year low of 0.3%, and significantly down on 0.8% in the previous month. T

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One of my favorite blogs is kottke.org – a daily posting of fun facts, videos, photos and essays from around the web. Kottke recently posted a chart from a website called XKCD called “A chart of almost all the money” showing a huge visual representation of big picture things about money like how much a billion dollars can buy, total government spending, who are the wealthiest people in the world, etc.

This chart goes into amazing detail and it has a lot to teach us about the larger world of money. Here are some of the fun facts I found from “The Money Chart.”

Movies are big business, but they used to be even bigger. Although the modern film industry is still going strong, some of the most successful movies of all time were released during the 1930s. Adjusted for inflation, the top-grossing box office blockbusters of all time are Gone With the Wind (1939) ($3.16 billion), Snow White (1937) ($2.84 billion) and Star Wars (1977) ($1.68 billion). During the 1930s, 80 million Americans bought movie tickets each year.

America is governed by millionaires. The average net worth of a U.S. Senator is $13.4 million, and the average net worth of a U.S. Congressi

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The SchoolFirst Federal Credit Union CD rates are today’s subject from Highest CD Rates.

The SchoolFirst Federal Credit Union certificate of deposit rates are in a tiered format with the minimum amounts being $500, $20,000, $50,000 and $100,000. Since our last visit in October of 2011 the CD rates have not changed. Also available are the IRA CDs, but their rates are slightly higher.

The current CD rates include the 30 day CD that is earning an APY of 0.15%, 0.20%, 0.25% and 0.30% respectively. The 3 to 5 month CD is earning an APY of 0.25%, 0.30%, 0.35% and 0.40%.

The 6 to 11 month CD is earning an APY of 0.30%, 0.35%, 0.40% and 0.45%. The 1 year to 17 month CD is earning an APY of 0.35%, 0.40%, 0.45% and 0.50%.

The 18 month To 23 month CD is earning an APY of 0.45%, 0.50%, 0.55% and 0.60%.  The 2 year to 35 month CD is earning an APY of 0.55%, 0.60%, 0.65% and 0.70%.

The 3 year to 47 month CD is earning an APY of 0.85%, 0.90%, 0.95% and 1.00% respectively. The

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If you’re a little wary about investing your money on a long term CD but would like to take advantage of high interest rates just the same, you might want to try mid-term CD deals instead. One CD deal, in particular, would probably spark your interest. This one is being offered by Central Bank in Tampa Florida. It has a 1.15% APY and an 18-month term. Both the interest rate and the term, in this case, is ideal. That’s a very competitive rate for a CD which runs for less than two years.

The bank’s two-year CD is not as competitive. However, it is also a good deal. Central Bank in Tampa, Florida is currently offering their 24-month CD with a 1.25% APY. If you can extend your investment for six more months, and you would like to take advantage of the added 0.10% yield, go ahead and choose this one Instead.

The minimum deposit for both CD deals is a bit steep. You will need $2,500 to continue enjoying these interest rates. CD interest rates have also been falling since December 2011, so it will do you good to take advantage of these still fairly decent Certificate of Deposit rates before they take a dive again. These

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