Earn 2.5% with This Savings Account

Earn 2.5% with This Savings Account

A lot of good deals come to those who look for it. Are you one of the many who are looking for great deals for their short term savings account? For those who would like to have a win – win deal, the 1st Constitution Direct bank can provide this sort of deal for short term bank savings. The bank’s Super Savings Internet Special disburses a fixed rate of 2.50% Annual Percentage Yield for the initial three months you have dealt with your bank account at 1st Constitution Direct. Then after the first three months, the rate drops to a very decent rate of 2.25% Annual Percentage Yield. However, how long it will last is not definite or guaranteed due to the possible erratic changes in the universal rate. For those with short term savings, this is a very fine choice especially with the 3 months on the average, the CD pays only a dismal 0.50%.

If it is possible for 1st Constitution Direct bank not to cut off the rate after the initial three months, the deal could even be a better option for cash disbursements for 12 months. A lot of banks could only give as much as less than 2.25% Annual Percentage Yield. These CD’s are disbursing a standard of a little over 1 percent. In qualifying for this deal, you need to preserve $10,000.00 as your minimum balance because anything that is worth less than $10,000.00 would just earn as low as 1.60 percent Annual Percentage Yield.

Are you interested in opening an account now? If you want to open a 1st Constitution Direct bank account online, you can do so regardless of where you are in the country. All you need to do is to have an internet connection. After opening an account online, with a few clicks of the mouse, you can now transfer money to your new short savings account directly from your previous savings checking account.

If you are wondering, the 1st Constitution Direct is a direct online department of the 1st Constitution bank. The bank has about eleven (11) branches is the northern portion of New Jersey. Direct Super Savings Account online allows you to have full control of your account anytime you want to have a transaction. For those outside New Jersey, you need not worry because access is within a few clicks of your mouse. Transferring funds and checking them back again is very possible through 1st Constitution Direct Online Banking.

To compare 1st Constitution deals with other banks online, kindly check out the savings and money market rates in its official website. 1st Constitution Bank branches and 1st Constitution Direct online banking are members of the FDIC or the Federal Deposit Insurance Corporation. The bank is insured by the FDIC of up to $250,000 per shareholder and depositor. Remember that joint and individual accounts are separately insured. The Federal Deposit Insurance Corporation is a corporation recognized by the government. If you want to know more about FDIC, please visit their website at www.fdic.gov.

Popularity: 5% [?]

2.51% APY Savings Account Offering of Beverly National

2.51% APY Savings Account Offering of Beverly National

Clearly, Beverly National’s offering of 2.51% annual percentage yield (APY) is something that will out-earn other offers particularly the certificates of deposit. This rate is given on the savings account with a $5,000 minimum balance. This rate is currently one of the best in the market for savings account. In fact, it is already nearly twice the national average rate for 12-month CDs and money market accounts. It is offered to depositors all over the nations, in al the 50 states.

The only two major problems with their savings account offer is that their interest rates may change anytime and they will deduct a fee of $15 which they call their “minimum balance fee” if the account you have with the falls below US$5,000.
At present, Beverly National has 9 branches in the areas of Beverly, Massachusetts. It is given by Bankrate’s Safe & Sound a rating of 3 of 5 stars. This is a much better performance than other banks with better offered rates.

Recent developments with Beverly National unfolded which seem to give promising possibilities to its customers and prospective depositors. Danvers Bancorp, Inc. and Beverly National Corporation have just entered into an agreement for a definitive merger. In other words, Danvers is acquiring Beverly National. With Danvers 16 branches in Massachusetts and US$1.7 billion assets combined with Beverly’s 9 branches and US$485 million in assets, the depositors are set to become a family of a much bigger and richer institution. This may give them better opportunities in the future and makes the safety of their money more secured. With this merger, Danvers, as merged with Beverly, will become the 6th biggest publicly traded bank in Massachusetts having a combined total of US$2.2 billion.

As an added information regarding Danvers Bancorp, Inc. below are some details:

• It is the holding company of Danversbank

• It was founded in 1850 as a mutual savings bank.

• It conducts its business in an office located at 1 Conant Street, Danvers, Massachusetts

• Its 16 branch offices are located in Beverly, Andover, Cambridge, Boston, Danvers, Chelsea, Middleton, Malden, Reading, Peabody, Saugus, Wilmington, Revere, Woburn, Salem, and Massachusetts. More information about Danvers can be found in its website.

As for Beverly National Corporation, below are some of the details about it:

• It is the holding company for Beverly National Bank.

• It is headquartered in Beverly, Massachusetts.

• Its branches are on the north shore, it main in Beverly along Cabot Street, 2 other Beverly based branches, in Hamilton, Salem, Manchester-by-the-Sea, Topsfield and Danvers.

• More information can be found in its website.

Should you not be satisfied with the offer of Beverly National, you can easily browse our database for other offers given by hundreds of other banks. You will fins a lot of them giving interest that are much lower than the 2.51% offered by Beverly National but your may also find a few with higher APY. The choice is yours. Just make sure to consider all factors before making that deposit.

Popularity: 54% [?]

3.00% APY on Savings Account Being Offered by Darby Direct

3.00% APY on Savings Account Being Offered by Darby Direct

Darby Bank & Trust based in Vidalia, Georgia has its online banking counterpart called Darby Direct. Darby Direct is clearly one of the most popular choices when it comes to savings account for the simple reason that it pays more than twice the national average annual percentage yield (APY) on savings account. Translated, it gives an APY of 3.00% and is available nationwide. Additionally, requirements are few and the application online is quite easy.

With Darby Direct, you can open an account with as low as $1 to as high as $10,000. Can you imagine anything more flexible? Afterwhich, the account will be processed, which takes about 2 to 3 days only, and then you are free to add more money into your savings account regardless of the amount.

It just left us wondering how long this great rate will last as we were quite dismayed with Heartland Community Bank which when we commended intensely in our article for their high yield on the checking account of 5.06% dropped it the very next day after our report to 4.02%. Admittedly, the drop is still a very high APY but many failed to enjoy the initial offer.

It bears remembering however that though Darby Direct has been offering its depositors 3.0% annual percentage yield since November, the variable rates on the savings account may change anytime without any notice. An though Darby Direct will drop their offer by a quarter point, there is still one of the best and more desirable than many other interest rates given by hundreds of other banks. You will in fact be earning more from them than any other money market account or savings account or even the 24-month CD which is supposed to be one of the best-paying in the market.

Darby Bank & Trust Direct earns 2 of 5 stars from the rating system of Bankrate Safe and Sound. Your deposit in their bank is FDIC insured. Darby Direct not only offers a high APY but also the convenience of online banking. Opening an online account with them will only take minutes. Its mother company, Darby Bank, has been in business for over eighty years already. It has US$750 million in assets and serves a huge number of depositors in Savannah, Vidalia and the other communities that surround it via a network of seven-banking centers.

Darby Direct’s 3% APY offering is for a minimum of $1 deposit. It has no minimums or monthly fees like other popular banks, e.g., HSBC and ING. With this bank, you can have a peace of mind that your money is safe and earning well. With about 23 banks failing in the year 2009 alone, it is always ensuring to know that you can trust the bank you are dealing with. With Darby Direct, you can get that assurance.

To better appreciate Darby Direct and for other options, you may browse our extensive database that consists of hundreds of other banks, both regular ones and online banks. The choice is yours.

Popularity: 100% [?]

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