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Posts Tagged With 'Federal Savings'

1.36% APY high yield savings account with Hopkins Federal Savings Bank

Hopkins Federal Savings Bank offers competitive interest rates for their savings account offering called Max Passbook. As of December 6, the current interest rate posted on the website is 1.36% APY. This savings account requires an initial deposit of $1000 to open an account. You also need to maintain this balance in order to enjoy the best interest rates.

The earnings of this high interest savings account is compounded on a daily basis and credited to your account on every quarter. Take note that in the event that you decide to close the savings account prior to the posting of the interest rate, you will not be receiving the accrued earnings.

You need to go to one of their branches to open an account. Bring some valid identification with you so the process will go smoothly. Ask the bank with regard to any fees, penalties, or other factors which may decrease the earnings of your savings account. Read more…

24-Month CD Rates Deal of the Day: Colorado Federal Savings Bank at 1.80% APY

Colorado Federal Savings Bank claims to have a “tradition of service,” which is fully evidenced by the outstanding attention to customer needs and excellent CD rates offered by this bank. Currently, customers can earn a 1.80% APY on a two-year CD account.

The minimum deposit needed to obtain the highest CD rate is $5,000. The account will automatically renew at maturity unless you direct the bank otherwise. Withdrawal before maturity will result in a penalty.

The management and staff at Colorado Federal Savings Bank hold to a tradition of providing customers with an array of competitively priced financial service products. It boasts one of the highest capital ratios in the banking industry and a solid financial balance sheet, which is assuring to customers in tough economic times.

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