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Old 12-16-2016, 06:56 PM   #141
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Originally Posted by audreyh1 View Post

If more paperwork is required - dang! I hope they have secure email or upload. I'm not set up to FAX stuff.
They have secure upload, which is what I used.

Quote:
Originally Posted by kaneohe
To: FIREd............are you sure there's not a shared branch CO-OP near your Xmas destination?
I doubled-checked, no shared branch co-op...
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Old 12-16-2016, 07:24 PM   #142
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Originally Posted by jazz4cash View Post
Not sure why you wanted the DC location but the main branch is in MD near the base. I saw those Yelp comments also and was prepared for the worst but when I went there I was pleasantly surprised/impressed with the facility and customer support. That was last August. I do think the specials are straining their capacity.
Too lazy to get up and find the main address so I took WAG and put in DC.
Fortunately the main branch came up. Always good to see favorable 1st
hand experiences like yours and Al18 (post 117 in this thread). I do sense
if you can get beyond the 1st line reps dealing w/us hoards, there are some good people there.
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Old 12-16-2016, 07:33 PM   #143
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Agree. But what can you do? Applying online, sending in social security numbers, mailing in Drivers license for ID's. So much risk for fraud.

Just have to keep monitoring everything you have, and hope for the best.
If my communications are directly with the financial institution via https, I'm OK. I mean, they will have my data for me to be a customer. As long as I can get my info to them securely, OK. But I don't like to go through a middleman.
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Old 12-16-2016, 07:34 PM   #144
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Originally Posted by FIREd View Post
They have secure upload, which is what I used.
Thank God! I should be able to finish this while traveling.
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Old 12-16-2016, 09:20 PM   #145
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.......................................

I doubled-checked, no shared branch co-op...
Here's crackpot idea #1 v2: Write out the check to yourself; endorse for deposit only Andrews FCU , Acct. No. __________ (blank). Take it to shared
branch before you leave for Xmas, explain to manager your situation, show your photo ID, ask if they can hold check till you call w/ acct. no. When they
try to deposit check using acct. no, they can see that you are the owner.

v1 was to ask a friend to hold the check, fill in the acct. no , and run it down to
the shared branch. You'd have to let the shared branch (manager) know what you were planning to do and give friend's name so they could ID w/ photo ID.
Kind of like informal POA except friend would just be the passenger pigeon.
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Old 12-17-2016, 10:23 AM   #146
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BECU is offering promotional 6-month CD at 1.5%. It could be a good place for short-term cash, especially if you already have an account there.

https://www.becu.org/news/2016/Dec/f...y-cd-promotion
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Old 12-17-2016, 06:09 PM   #147
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Last Wednesday the Feds raised long awaited rate by .25%. However so far I have not seen CD rates were affected, at least on a Bankrate.com site. Not sure if more time is needed.
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Old 12-17-2016, 06:51 PM   #148
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Once upon a time CD rates and MM rates and bank interest rates on savings went right up whenever the Fed raised their rate. Not any more. It's as if they are all waiting to see if they really have to raise the interest rates they offer customers. It's about competition for deposits, so unless competitors raise rates, a given bank might not feel pressure to respond.
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Old 12-17-2016, 07:02 PM   #149
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Mortgage rates went up, as did HELOC rates. The heck with depositors!
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Old 12-17-2016, 08:19 PM   #150
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Last Wednesday the Feds raised long awaited rate by .25%. However so far I have not seen CD rates were affected, at least on a Bankrate.com site. Not sure if more time is needed.
This is the only one I have seen so far......From https://www.depositaccounts.com/blog/

This might be a sign that Wednesday’s Fed rate hike will have an effect on deposit rates. Ally Bank just raised the APY of its 11-month No Penalty CD by 38 basis points to 1.25%. This is the highest APY that Ally Bank has offered on this CD since 2010.

The 1.25% APY applies to all balances. Ally Bank added rate tiers in 2015, but this 11-month CD currently has just one rate for all tiers.
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Old 12-17-2016, 09:20 PM   #151
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Pen Fed is at 1.36% APY for 12 months...
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Old 12-17-2016, 09:51 PM   #152
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Pen Fed is at 1.36% APY for 12 months...
I wasn't talking up the rate, just the rate increase. Also, the Ally is no penality, so it is just about like a passbook savings account.
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Old 12-17-2016, 10:00 PM   #153
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This is the only one I have seen so far......From https://www.depositaccounts.com/blog/

This might be a sign that Wednesday’s Fed rate hike will have an effect on deposit rates. Ally Bank just raised the APY of its 11-month No Penalty CD by 38 basis points to 1.25%. This is the highest APY that Ally Bank has offered on this CD since 2010.

The 1.25% APY applies to all balances. Ally Bank added rate tiers in 2015, but this 11-month CD currently has just one rate for all tiers.
Hmmm - no penalty? - Wow!
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Old 12-19-2016, 09:05 AM   #154
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Vanguard bumped it up last week. Unlike Ally, they used to be the leader LOL LOL Now there 5 yr is 1.75%. Vanguard is 2.25% Strange....
Thinking about laddering, but is it too soon?
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1 month 0.50%, 3 month 0.60%, 6 month 0.80%, 9 month 0.95%, 1 year 1.10%, 18 month 1.45%, 2 year 1.55%, 3 year 1.75%, 5 year 2.25%
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Old 12-23-2016, 03:03 PM   #155
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Got my andrews open finally.
3% yield is nice.
I am opening a few in case i withdraw prior to 7 years.

Someone said they saw where early withdrawal penalty was 6 months. I can't find that.
Anyone have that in print?
Thanks.
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Old 12-23-2016, 03:46 PM   #156
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Did you open IRA or regular CD? It looks like the EWP details are no longer on the webpage.
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Old 12-23-2016, 03:47 PM   #157
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Regular. Was planning on opening more
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Old 12-23-2016, 03:48 PM   #158
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Originally Posted by djr59 View Post
Got my andrews open finally.
3% yield is nice.
I am opening a few in case i withdraw prior to 7 years.

Someone said they saw where early withdrawal penalty was 6 months. I can't find that.
Anyone have that in print?
Thanks.
I do not see it anywhere on the website. However, the nice thing about Andrews is that they will email you a sheet of paper for each CD you open including the amounts, maturities, etc as well as the Terms & Conditions including the withdrawal penalty. Here is a picture from mine. Wait about a week and you should get your paperwork.
Attached Images
File Type: jpg T&C Andrews CD.jpg (230.7 KB, 32 views)
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Old 12-23-2016, 03:50 PM   #159
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Originally Posted by djr59 View Post
Got my andrews open finally.
3% yield is nice.
I am opening a few in case i withdraw prior to 7 years.

Someone said they saw where early withdrawal penalty was 6 months. I can't find that.
Anyone have that in print?
Thanks.
https://www.depositaccounts.com/bank...-union/offers/

If your account has an original maturity date of less than 24 months, we will charge a penalty equal to 90 days of dividends.
If your account has an original maturity date of more than 24 months, we will charge a penalty equal to 180 days of dividends.
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Old 12-23-2016, 03:52 PM   #160
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Thanks. Not a bad deal for cash. I am in. They have 3 and 6 month for 3% too.
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