Occasionally I check out the CD rates at VBS. Kind of like, okay, if I had enough money to make laddering the CDs worth the time - day dreaming of sorts.
I noticed today that most of the highest CD rates were from banks in PR. Doral Bank, R-G Premier bank, etc. I checked them out on the FDIC site, and they both have billions in assets. I figured there had to be some [-]catch [/-] explanation for the higher rates, and thought someone [brewer, etc.] might already know.
Thanks,
Alec
I noticed today that most of the highest CD rates were from banks in PR. Doral Bank, R-G Premier bank, etc. I checked them out on the FDIC site, and they both have billions in assets. I figured there had to be some [-]catch [/-] explanation for the higher rates, and thought someone [brewer, etc.] might already know.
Thanks,
Alec