It looks like Indymac just raised the rates on its CD and Money Market accounts. BankMan on the main BestCashCow site reported that Indymac is offering a 5.55% APY on a 1 year and 5 month CD with a $5,000 minimum balance. According to our rates charts, these are top rates (BestCashCow does not cover 5 month CDs). In addition, they have a competitive money market rate of 5.75% APY on balances of $25,000 or more.
« As Rates Fall, So too do CD rates | Main | Fed Cuts Discount Rate by 50 Bps »
August 13, 2007
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