1 yr. CD matured so I closed the account and moved the funds to my 4.5% interest checking account. This is ideal in that I've decluttered one of seven accounts.
Also, in order to get a comparable interest rate in a CD, I'd have to lock it up for 18 months. Liquidity = security in these uncertain times, imo.
I love my bank and hope it's not on the close-to-failure list. I've read a few articles assuring me FDIC insurance would cover my accounts, but I'm not expecting that it would reopen under a new branch name still offering the awesome 4.5%.
CD Matured
July 29th, 2008 at 09:45 pm
July 29th, 2008 at 09:46 pm 1217368014
July 29th, 2008 at 11:38 pm 1217374736
http://lylic.savingadvice.com/2008/02/02/interest-rates_3505...
It's Community Bank of Nevada
July 30th, 2008 at 02:29 am 1217384982
July 30th, 2008 at 06:28 pm 1217442535