Cubby
Community Organizer
Joined: Mar 2004
Posts: 7,112
Likes: 4
From: Mass
Yup....they want your money and they're willing to pay for it.
There is much rumor and comment that these promos which have been running for a few weeks will end or alter starting Saturday.
12 Month CD 4.25% APY
9 Month CD 4.00%APY
6 Month 3.25% APY
No strings attached....$500 minimum, no other account requirments......
oh yea.....Sovereign Bank
Registered User
Joined: Oct 2000
Posts: 1,742
Likes: 0
From: Keene
My bank is currently paying 4% on savings.
High Yield Savings Account - 4.00% APY*
* Annual Percentage Yield (APY) effective through Nov. 20, 2008. Initial deposits of $100 required
for Savings. Minimum balance of $500 is required to avoid a $4 monthly fee on Savings. Rates on
Savings accounts are subject to change daily after account is opened. Certain fees may reduce
earnings on accounts. Deposits are FDIC insured up to $100,000 per depositor.
I also have annuities that pay 6.9% on deposits <$100,000K and 5.9% for >$100,000K.
High Yield Savings Account - 4.00% APY*
* Annual Percentage Yield (APY) effective through Nov. 20, 2008. Initial deposits of $100 required
for Savings. Minimum balance of $500 is required to avoid a $4 monthly fee on Savings. Rates on
Savings accounts are subject to change daily after account is opened. Certain fees may reduce
earnings on accounts. Deposits are FDIC insured up to $100,000 per depositor.
I also have annuities that pay 6.9% on deposits <$100,000K and 5.9% for >$100,000K.
Thread Starter
Joined: Oct 2002
Posts: 34,131
Likes: 126
From: Canton, MA
Originally Posted by RossoS2K,Nov 19 2008, 11:37 AM
My bank is currently paying 4% on savings.
High Yield Savings Account - 4.00% APY*
* Annual Percentage Yield (APY) effective through Nov. 20, 2008. Initial deposits of $100 required
for Savings. Minimum balance of $500 is required to avoid a $4 monthly fee on Savings. Rates on
Savings accounts are subject to change daily after account is opened. Certain fees may reduce
earnings on accounts. Deposits are FDIC insured up to $100,000 per depositor.
I also have annuities that pay 6.9% on deposits <$100,000K and 5.9% for >$100,000K.
High Yield Savings Account - 4.00% APY*
* Annual Percentage Yield (APY) effective through Nov. 20, 2008. Initial deposits of $100 required
for Savings. Minimum balance of $500 is required to avoid a $4 monthly fee on Savings. Rates on
Savings accounts are subject to change daily after account is opened. Certain fees may reduce
earnings on accounts. Deposits are FDIC insured up to $100,000 per depositor.
I also have annuities that pay 6.9% on deposits <$100,000K and 5.9% for >$100,000K.
Thread Starter
Joined: Oct 2002
Posts: 34,131
Likes: 126
From: Canton, MA
Originally Posted by Cubs2k,Nov 19 2008, 10:46 AM
Yup....they want your money and they're willing to pay for it.
There is much rumor and comment that these promos which have been running for a few weeks will end or alter starting Saturday.
12 Month CD 4.25% APY
9 Month CD 4.00%APY
6 Month 3.25% APY
No strings attached....$500 minimum, no other account requirments......
oh yea.....Sovereign Bank
Thread Starter
Joined: Oct 2002
Posts: 34,131
Likes: 126
From: Canton, MA
Originally Posted by Cubs2k,Nov 19 2008, 10:51 AM
This is why I've been out of my mind busy lately....my production has tripled and my "new money" deposits are off the chart.
Trending Topics
Community Organizer
Joined: Mar 2004
Posts: 7,112
Likes: 4
From: Mass
[QUOTE=RossoS2K,Nov 19 2008, 11:37 AM] My bank is currently paying 4% on savings.
High Yield Savings Account - 4.00% APY*
* Annual Percentage Yield (APY) effective through Nov. 20, 2008. Initial deposits of $100 required
for Savings. Minimum balance of $500 is required to avoid a $4 monthly fee on Savings. Rates on
Savings accounts are subject to change daily after account is opened. Certain fees may reduce
earnings on accounts. Deposits are FDIC insured up to $100,000 per depositor.
I also have annuities that pay 6.9% on deposits <$100,000K
High Yield Savings Account - 4.00% APY*
* Annual Percentage Yield (APY) effective through Nov. 20, 2008. Initial deposits of $100 required
for Savings. Minimum balance of $500 is required to avoid a $4 monthly fee on Savings. Rates on
Savings accounts are subject to change daily after account is opened. Certain fees may reduce
earnings on accounts. Deposits are FDIC insured up to $100,000 per depositor.
I also have annuities that pay 6.9% on deposits <$100,000K
Community Organizer
Joined: Mar 2004
Posts: 7,112
Likes: 4
From: Mass
Originally Posted by Legal Bill,Nov 19 2008, 11:46 AM
So does that mean you don't need more business?
Yup FDIC! BTW.....it is 250,000 per depositor, per asset class.
Individual
Joint
Trotten
Ira
SO if you use all the classes.....one could have 1 mil+ fully insured at the same bank.