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Best May Bank Rates 2009

May 1st, 2009

The best savings account dropped .05% from April’s best APY of 3.10% while most CD rates stayed the same with a couple rates falling and a couple rates rising.

Best Savings Account

Smarty Pig – 3.05% (minimum deposit: $25)
Full list of savings accounts.

Checking Account Bonuses

There are a lot of checking account bonuses Available for May 2009:

Investors Savings Bank $100 Checking Account Bonus
PNC and National City $75 Checking Account Bonus
Lockheed Federal Credit Union $150 Checking Account Bonus
USAA Bank $100 Checking Account Promotion
WesBanco $100 Checking Account Promotion
HomeStreet Bank $215 Checking Account Promotion
Bank of America $75 Checking Account Promotion
SECU Credit Union $150 Checking Account Promotion
Neighborhood Credit Union $100 Checking Account Promotion
FBOP Banks $160 Checking Account Promotion
National Bank of Kansas City $50 Checking Account Promotion
Full list of bank deals.

Best CDs

Best 3 Month CD
Danvers Bank – 2.5% (4 month CD, $500 minimum)

Best 6 Month CD
Willshire Bank – 2.53% ($1,000 minimum)

Best 9 Month CD
Consumers Credit Union – 2.5% ($250 minimum)

Best 1 Year CD
Melrose Credit Union - 3.03% ($5,000 minimum)

Best 18 Month CD
Alliant Credit Union – 2.90% ($25,000 minimum)

Best 2 Year CD
Melrose Credit Union - 3.19% ($5,000 minimum)

Best 3 Year CD
State Bank of India – 3.55% ($5,000 minimum)

Best 4 Year CD
Alliant Credit Union – 3.75% ($25,000 minimum)
Pentagon Federal Credit Union – 3.75% ($1,000 minimum)

Best 5 Year CD
Pentagon Federal Credit Union – 4% ($1,000 minimum)
Connexus Credit Union – 4% ($1,000 minimum)
FNBO Direct – 4% ($500 minimum)

Best 7 Year CD
Pentagon Federal Credit Union – 4% ($1,000 minimum)

My complete list of CD rates.

Related posts:

  1. Best August Bank Rates 2009
  2. Best Bank Deals for April 2009
  3. Bank Deals February 2009
  4. March 2009 Bank Deals
  5. Bank Deals for January 3rd, 2009
  6. Bank Deals December 27th, 2008

Banking Summaries

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