Who has the best CD rates right now?

[TNDemo]

Or similar instrument? FNBO is down to about 2.4, I think. Any great deals out there?

[The Velveteen Ocelot]

1. My credit union has some good ones.

3.8 for a 5 year certificate.

[TNDemo]

2. Wow. My CU is offering 1%.

About what my mattress is paying.

[sendero]

3. Looking for "great rates".

.... is a sure fire way to get involved with a Madoff or a Stanford.

If you find a rate more than a little better than the prevailing rates, there is most definitely a catch.

[CountAllVotes]

4. credit union has 4.39% (5-year CD) right now

n/t

[DeschutesRiver]

5. No great deals - the only one I know of is BOA

offering a "no risk" (you can pull it out without penalty any time, with notice) at 1.75%, believe it was a 9 month CD.

[barb162]

6. check bankrate.com

and the local business section of the paper in your area .

[2Design]

7. don't think there are any right now - bankrate is not reliable since the banks pay to be on the list

I used to rely on bankrate until I asked why someone had been on the list and then wasn't

I use fnbodirect too
I would not lock into a 5 year right now because I expect interest rates will have to go up just like they did during Carter - once you cut the war spending and other spending and with the tax cuts we are headed in same direction

with utilities, state and local governments upping taxes and tolls and prices on everything to make sure they have the same revenue, customers will cut back even more - so even though everyone is against fed tax - the states have to make up for it by taxing every little thing

we have a lt governor who uses state planes to commute to work on our dime but they raise the tolls on the peasants - the ceos continue to get more money and the peasants continue to pay for it - not sure I see anyway around the mess the moneychangers continue to get us into