what bank should i open a CD? i live in CA, central coast.
2007-03-20 17:42:58 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
i know debi, i mean what bank is the best, *****. educate yourself.
2007-03-20 17:47:25 · update #1
Check your local community banks and credit unions, not the big ones like WaMu, Wells Fargo, and BofA, and whatever else is over there. The bigger banks tend to have more overhead, and as a result, they can't offer high interest rates like some other ones. I opened a 9-month CD and a community bank in Nevada at 5.44%.
You can also check out Netbank and E-Bank. These banks operate only online, but they are FDIC-insured, so they're legit. Because they don't have branches, sometimes they can offer much higher rates than even the smallest community bank.
2007-03-20 17:54:07 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The web site www.bankrate.com will give you a list of banks with the highest earning FDIC-insured CDs in the country.
2007-03-21 06:54:01 · answer #2 · answered by gosh137 6 · 0⤊ 0⤋
Don't open a CD. Buy T-Bills
2007-03-21 00:49:11 · answer #3 · answered by MagicalMke 4 · 0⤊ 0⤋
the one with highest interest rate
2007-03-21 00:47:28 · answer #4 · answered by Jeff 3 · 0⤊ 0⤋
All banks have CD accounts available baby. Welcome to Earth.
2007-03-21 00:45:20 · answer #5 · answered by Debi in LA 5 · 0⤊ 0⤋