THESTREET, INC. 
By NEW YORK, April 15, 2014 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today national averages this week for 2-year CD rates dropped and 4-year CD rates gained, while all other durations remained unchanged as the Federal Reserve has continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008.
http://photos.prnewswire.com/prnvar/20130219/NY62571LOGO
"Major U.S. stock markets tumbled last week, but the rate environment remains on track at the moment. Details from the Fed's last meeting showed that members believed their economic forecast overstated the pace of the rise in rates," reported Joe Deaux, TheStreet's Economics Analyst. "Despite this update, savers can remain confident that the U.S. is headed to a rising rate environment, which eventually will boost CD rates."
NATIONAL AVERAGE RESULTS - $10K
This Last
week week
---- ----
Money Market 0.15 0.15
------------ ---- ----
1 month CD 0.11 0.11
---------- ---- ----
3 month CD 0.15 0.15
---------- ---- ----
6 month CD 0.23 0.23
---------- ---- ----
1 year CD 0.36 0.36
--------- ---- ----
2 year CD 0.55 0.56
--------- ---- ----
3 year CD 0.75 0.75
--------- ---- ----
4 year CD 0.93 0.92
--------- ---- ----
5 year CD 1.14 1.14
--------- ---- ----
* National Average is calculated using one unique rate per institution. Averages are based on Banks, Savings & Loans, Brokers and Internet Banks with assets greater than $1 Billion.
TOP RATE ISSUERS - $10K
This is a list of issuers with top interest rates. The issuer's Financial Strength Rating is an independent, unbiased evaluation of quarterly regulatory statements. Institutions are assigned a letter grade of A-E with "A" representing the highest rating based on a review of many aspects of financial safety including capitalization, asset quality, profitability and liquidity. For more information, visitwww.weissratings.com/help/what-our-ratings-mean.aspx. Information is believed to be accurate, but not guaranteed.
Money Market Financial Minimum APY
(%)
Strength to Earn
Rating Interest
($)
--- ---
First NBC Bank B- 10000 1.260
--- ----- -----
504-671-3550
www.firstnbcbank.com
--------------------
Salem Five Direct B 1 1.000
--- --- -----
800-850-5000
www.salemfivedirect.com
-----------------------
Doral Bank D- 1 0.930
--- --- -----
212-584-6820
www.doralbankny.com
-------------------
Sallie Mae Bank A- 1 0.900
--- --- -----
877-346-2756
www.salliemaebank.com
---------------------
Mercantil Commercebank, C 10000 0.900
National Association
305-460-8701
www.mercantilcb.com
-------------------
1 Month CD Financial Minimum APY
(%)
Strength to Earn
Rating Interest
($)
--- ---
Beal Bank USA C+ 1000 0.400
--- ---- -----
702-598-3500
www.bealbank.com
----------------
Umbrellabank.com C- 1000 0.400
--- ---- -----
866-862-7355
www.umbrellabank.com
--------------------
Beal Bank, SSB C- 1000 0.400
--- ---- -----
619-894-8066
www.bealbank.com
----------------
Merchants Bank of Indiana A- 1 0.350
--- --- -----
765-874-2511
www.merchantsbankofindiana.com
------------------------------
Pinnacle Bank B+ 500 0.350
--- --- -----
402-454-6515
www.pinnbank.com
----------------
3 Month CD Financial Minimum APY
(%)
Strength to Earn
Rating Interest
($)
--- ---
Beal Bank USA C+ 1000 0.510
--- ---- -----
702-598-3500
www.bealbank.com
----------------
Umbrellabank.com C- 1000 0.510
--- ---- -----
866-862-7355
www.umbrellabank.com
--------------------
Institution for Savings In B 1 0.500
Newburyport
978-462-3106
www.institutionforsavings.com
-----------------------------
Doral Bank D- 500 0.500
--- --- -----
850-914-2525
www.doralbankflorida.com
------------------------
Firstbank Florida D 1000 0.500
--- ---- -----
305-740-9522
www.firstbankfla.com
--------------------
6 Month CD Financial Minimum APY
(%)
Strength to Earn
Rating Interest
($)
--- ---
Doral Bank D- 500 1.000
--- --- -----
850-447-3000
www.doralbankflorida.com
------------------------
Beal Bank USA C+ 1000 0.750
--- ---- -----
702-598-3500
www.bealbank.com
----------------
GE Capital Bank A 500 0.700
--- --- -----
801-517-5000
www.gecapitalbank.com
---------------------
Colorado Federal Savings Bank B- 5000 0.700
--- ---- -----
877-484-2372
www.coloradofederalbank.com
---------------------------
Discover Bank C 500 0.650
--- --- -----
888-765-6654
www.discoverbank.com
--------------------
1 Year CD Financial Minimum APY
(%)
Strength to Earn
Rating Interest
($)
--- ---
Doral Bank D- 500 1.200
--- --- -----
212-584-6820
www.doralbankny.com
-------------------
Beal Bank USA C+ 1000 1.110
--- ---- -----
786-347-3601
www.bealbank.com
----------------
GE Capital Bank A 500 1.050
--- --- -----
801-517-5000
www.gecapitalbank.com
---------------------
CIT Bank B+ 1000 1.020
--- ---- -----
801-412-6800
www.bankoncit.com
-----------------
VirtualBank B 10000 1.010
--- ----- -----
561-776-8860
www.virtualbank.com
-------------------
2 Year CD Financial Minimum APY
(%)
Strength to Earn
Rating Interest
($)
--- ---
Doral Bank D- 500 1.450
--- --- -----
212-584-6820
www.doralbankny.com
-------------------
Salem Five Direct B 10000 1.250
--- ----- -----
800-850-5000
www.salemfivedirect.com
-----------------------
Cape Bank C+ 500 1.200
--- --- -----
609-465-5788
www.capebanknj.com
------------------
CIT Bank B+ 1000 1.170
--- ---- -----
801-412-6800
www.bankoncit.com
-----------------
Barclays Bank Delaware C+ 1 1.150
--- --- -----
888-710-8756
www.banking.barclaysus.com
--------------------------
3 Year CD Financial Minimum APY
(%)
Strength to Earn
Rating Interest
($)
--- ---
Northern Bank & Trust Company B- 500 1.600
--- --- -----
781-937-5423
www.nbtc.com
------------
Doral Bank D- 500 1.600
--- --- -----
212-584-6820
www.doralbankny.com
-------------------
Oritani Savings Bank B+ 1000 1.500
--- ---- -----
201-664-5400
www.oritani.com
---------------
Intervest National Bank C 2500 1.450
--- ---- -----
212-218-8383
www.intervestnatbank.com
------------------------
Community Bank C- 1000 1.400
--- ---- -----
800-239-9427
www.dodcommunitybank.com
------------------------
4 Year CD Financial Minimum APY
(%)
Strength to Earn
Rating Interest
($)
--- ---
Institution for Savings In B 1 2.000
Newburyport
978-462-3106
www.institutionforsavings.com
-----------------------------
Columbia Bank C 500 1.750
--- --- -----
201-794-5840
www.columbiabankonline.com
--------------------------
Oritani Savings Bank B+ 1000 1.750
--- ---- -----
201-664-5400
www.oritani.com
---------------
EverBank B- 1500 1.740
--- ---- -----
888-882-3837
www.everbank.com
----------------
Nationwide Bank B 10000 1.740
--- ----- -----
877-422-6569
www.nationwide.com
------------------
5 Year CD Financial Minimum APY
(%)
Strength to Earn
Rating Interest
($)
--- ---
CIT Bank B+ 1000 2.251
--- ---- -----
801-412-6800
www.bankoncit.com
-----------------
First Republic Bank B+ 5000 2.250
--- ---- -----
415-392-1400
www.firstrepublic.com
---------------------
EverBank B- 1500 2.240
--- ---- -----
888-882-3837
www.everbank.com
----------------
GE Capital Retail Bank C+ 2000 2.200
--- ---- -----
866-869-4671
www.gecrb.com
-------------
Barclays Bank Delaware C+ 1 2.150
--- --- -----
888-710-8756
www.banking.barclaysus.com
--------------------------
Financial Strength Rating: A=Excellent, B=Good, C=Fair, D=Weak, E=Very Weak, U=Unrated
Plus sign "+" = top of range, Minus sign "-" = bottom of range
Data is surveyed weekly with averages calculated each Monday afternoon from RateWatch's unbiased national interest rate survey of over 97,000 financial institution locations across the United States. National Average is calculated using one unique rate per institution. Averages and Top Rate Issuers are based on Banks, Savings & Loans, Brokers and Internet Banks with assets greater than $1 Billion.
About RateWatch
For over 20 years, RateWatch has been the premier provider of competitive interest rate and product information to financial institutions across the United States. Consistently providing top quality, highly relevant data RateWatch maintains the largest database in the industry with deposit, loan, and fee information monitoring over 97,000 locations. Rate surveys, product comparisons, financial strength reporting, local/regional/national averages, fee reporting, specialty reports and more are available. To learn more about RateWatch, visit www.rate-watch.com. RateWatch is a division of TheStreet, Inc.
About TheStreet
TheStreet, Inc. (www.t.st) is the leading independent digital financial media company providing business and financial news, investing ideas and analysis to personal and institutional investors worldwide. The Company's portfolio of business and personal finance brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, MainStreet and RateWatch. To learn more, visit www.thestreet.com. The Deal, the Company's institutional business, provides intraday coverage of mergers and acquisitions and all other changes in corporate control. To learn more, visit www.thedeal.com.
Contact:
Erin Corcoran
TheStreet, Inc.
212-321-5566
erin.corcoran@thestreet.com
Joe Deaux
TheStreet, Inc.
212-321-5086
joseph.deaux@thestreet.com
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SOURCE TheStreet, Inc.
