You can join if you want. From NavyFed "If you have an immediate family member who has joined or one who's eligible to join, you can become a Navy Federal member. Immediate family members include grandparents, parents, spouses, siblings, grandchildren, children (including adopted and stepchildren) and household members."
Best CD & MM Rates Thread 2019 - Please post updates here
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You can join if you want. From NavyFed "If you have an immediate family member who has joined or one who's eligible to join, you can become a Navy Federal member. Immediate family members include grandparents, parents, spouses, siblings, grandchildren, children (including adopted and stepchildren) and household members."
ShokWaveRider
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Premier America Credit Union’s Latest Special, 17-Month CD, 3.20% APY (Easy Membership, so they say)
wrigley
Full time employment: Posting here.
I wasn't aware of the bump. I opened it at 3.25% and then got an e-mail from NFCU informing me I was bumped to 3.45% because of my 25 year of banking with them.
copyright1997reloaded
Thinks s/he gets paid by the post
Update to my previous post: https://www.depositaccounts.com/banks/northern-bank-direct/offers/
It appears the offer is only to those of us who took advantage (in time) on the 2.25% deal last year. For me, I had moved most of the $ in the account to Ally when the 1% bonus was offered, but fortunately left a few hundred $ in the account. So, I can take advantage of this offer on my last maturing Penfed 3% CD's (maturing 1/31/19).
It is! Their online application process is a little quirky.
Premier America Credit Union’s Latest Special, 17-Month CD, 3.20% APY (Easy Membership, so they say)
Is there anyway (in this post) we can post:
CD - MM
Rate
Length of CD
Bank
I often click on this post to see most recent CD rates and term lengths. I often get lengthy discussion and rarely the specific information.
I don't mind the discussion, but would like to see a block where the specific info is stated. Just me, open to discussion.
CD - MM
Rate
Length of CD
Bank
I often click on this post to see most recent CD rates and term lengths. I often get lengthy discussion and rarely the specific information.
I don't mind the discussion, but would like to see a block where the specific info is stated. Just me, open to discussion.
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Rosie
Recycles dryer sheets
I think posts in this thread have provided the information you desire quite well.
You might also want to look at https://www.depositaccounts.com/blog/ for such information.
Thanks, nice link. I'll bookmark it.
Shabby
Recycles dryer sheets
Anyone here a Merrill Lynch/BOA customer and using the PVOXX MM at 2.55%? If you are a Merrill Lynch customer, know that they are about to reduce the normal sweep MM accounts interest so you need to switch.
copyright1997reloaded
Thinks s/he gets paid by the post
A follow up post on an unexpected issue with PenFed:
So, I had a CD mature yesterday (1/31) which was set up with an automatic ACH to another institution. I ACH funds to this same institution frequently from my Ameritrade account, and it is always completed overnight.
The funds show debited from my PenFed account as of yesterday, but are no where to be found on the target institution. So, I call them (the target), and they check w/the back office and no inbound ACH is to be found. I then call PenFed, am put on hold to investigate it, and about 5 minutes later the call is dropped. I then call back and the rep this time (instead of saying she was going to investigate it) tells me it can take 3-5 business days for the ACH to process. I then talk to a supervisor, who tells me yes, it might take 3 business days for the target institution to receive the funds, and then goes on to discuss that is why they might put a hold on it (as ACH's can be reversed).
I then explain that the target isn't putting a hold on, they haven't gotten anything in their ACH inbounds at all. The supervisor then insists that it can take 3 business days. I give up, other than to tell her that PenFed isn't going in a good direction as an institution to do business with.
As an aside, the National Automated Clearing House rules for ACH processing state that credit operations must settle in one or two business days, and debits in one business day. I'm looking forward to expanded same day ACH requirements, which are supposed to happen sometime in 2020 I think.
So, I had a CD mature yesterday (1/31) which was set up with an automatic ACH to another institution. I ACH funds to this same institution frequently from my Ameritrade account, and it is always completed overnight.
The funds show debited from my PenFed account as of yesterday, but are no where to be found on the target institution. So, I call them (the target), and they check w/the back office and no inbound ACH is to be found. I then call PenFed, am put on hold to investigate it, and about 5 minutes later the call is dropped. I then call back and the rep this time (instead of saying she was going to investigate it) tells me it can take 3-5 business days for the ACH to process. I then talk to a supervisor, who tells me yes, it might take 3 business days for the target institution to receive the funds, and then goes on to discuss that is why they might put a hold on it (as ACH's can be reversed).
I then explain that the target isn't putting a hold on, they haven't gotten anything in their ACH inbounds at all. The supervisor then insists that it can take 3 business days. I give up, other than to tell her that PenFed isn't going in a good direction as an institution to do business with.
As an aside, the National Automated Clearing House rules for ACH processing state that credit operations must settle in one or two business days, and debits in one business day. I'm looking forward to expanded same day ACH requirements, which are supposed to happen sometime in 2020 I think.
Nothing unusual.
PenFed has long been notorious for slow transfer of money out to other institutions.
You probably would have been better off letting the CD mature into a PenFed account, and initiating the transfer from the other institution.
jazz4cash
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
NASA FCU
Deal Summary: Share Certificate Specials – 15-month (3.20% APY), 25-month (3.25% APY), 49-month (3.35% APY), minimum deposit of $10k of new money.
I think they had the 15 month special awhile ago and it expired. Now it is back. I recall recently someone here wishing for a 2 yr 3% CD....well here it is. Available as taxable or IRA CD
Deal Summary: Share Certificate Specials – 15-month (3.20% APY), 25-month (3.25% APY), 49-month (3.35% APY), minimum deposit of $10k of new money.
I think they had the 15 month special awhile ago and it expired. Now it is back. I recall recently someone here wishing for a 2 yr 3% CD....well here it is. Available as taxable or IRA CD
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copyright1997reloaded
Thinks s/he gets paid by the post
In hindsight, you are absolutely correct.
copyright1997reloaded
Thinks s/he gets paid by the post
It was offered late August/early September 2018 time frame. I have a couple CD's there, one is dated with a 9/3/2018 opening date at 3.20% rate (15 month CD).
Given where we are with rates, I might move the PenFed matured money there, assuming I actually get it in time to do so.
Yes and was my experience as well.
Except after the slow posting of the first ACH transfer of interest earned on the principle of my 4 CD's, I called PenFed. Very helpful customer service person on the other end.
They wired the rest of that interest and it posted overnight. The charge from PenFed is $20 for a wire. Receiving bank charged me $15.00 to accept it. There was no charge for the ACH...but!!
Otherwise it would have taken me a month to ACH the interest that had been earned as they have a $5,000 limit per ACH transfer as well as limiting our ability to do more than one transfer in a certain time period. Have now forgotten that time frame but I think it was enough days that I calculated I could only do an ACH transfer about once a week.
So while the regs for ACH may change, I wonder if PenFed will change their ACH dollar limit per transfer or the number of transfers you can do in a 24 or 48 hour or some other time period.
copyright1997reloaded
Thinks s/he gets paid by the post
To make the PenFed saga even more amusing, the money just showed up this evening in the target institution. Of course, too late for me to open a NASA FCU 15 month CD today.
Debinnov a
Recycles dryer sheets
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Which type of account is that? I have money in Preferred Deposit at Merrill Edge. So probably not the same.
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Golden sunsets
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Yes I was. And we have an account with NASA with their 17 mo 3.25% set up last fall. This is exactly what I was looking for. Thanks.
njhowie
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Ally folks - keep in mind that the 2.85% 14-month CD is still available through the end of February.
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Sweet! I jumped on their 3.25% special last time - so happy I have a no-penalty CD at Ally that I can swoop into this! Thanks for the heads up!
John Galt III
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- Oct 19, 2008
- Messages
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Wow, glad I got in a few weeks ago for the 3.5%. On the subject of CS reps: my other credit union, that I was transferring money from, caused me a headache by not informing me of the 6 transactions per month rule, even though I specifically asked about any limits on ACH transfers, from checking or savings. They hit me up for 7 penalties of $25 each. Luckily I have a 'person' at that credit union who knows what she is doing, who reversed the penalties for me, thank God. I was using the generic 'whoever answers' cs reps, since I don't like to bother my 'person' there, who isn't actually a cs rep, but a manager of some sort. I hate to call her directly for these things, but the other reps seems so clueless. Rant over.
WWDog
Recycles dryer sheets
Anyone heard of a Texas annuity? My tax man mentioned it as a way to protect your money from law suits and confiscation of any kind. I'm not a fan of annuities in general. I understand that Florida has the same kind of deal.
jazz4cash
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Not sure how that question pertains to this thread.
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