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Best of the Best: TGIF March 2012 Edition

4 April, 2012

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It has been a little while since BankNerd’s Best of the Best, but at least it’s back today!

I heard some interesting news yesterday; the penny is being removed. Honestly, I have never liked the penny too much. It always seemed to be the dirtiest coin as well (well at least to me).

Now I read that the penny being removed will save the government a lot of money, which is great, however my brother was explaining that to counter the loss of the penny, everything will be either rounded up or down. Now I do not see people rounding stuff down if they don’t have to, which only leads me to think that in the end, it will cost us more now that the penny is removed. Does that mean that the government is winning twice as much now? Just

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Weekly Rate Deal – Community Bank Offering 3.00% APY 15-Month CD IRA – Mississippi

30 March, 2012

Community Bank, with branches primarily in Mississippi is offering a 3.00% APY 15-month IRA CD. That’s a terrific rate. The top 5-year CD at the moment pays only 2.75% and the top 12-month CD pays 2.01%. Average CD rates are even lower. The 3.00% APY is a relationship rate and a depositor must have another account at the bank to that rate. That’s as easy as opening a checking or savings account. Without a companion account, the rate drops to 2.00% APY for the FIRA, still very competitive. The rate is also only available for new contributions to the bank. The account must also be opened in a branch, so this is a local offer only.

This is not a standard CD, but rather a retirement CD. Please visit our Fixed IRA Guide for more information on how these investments work.

Community Bank, North Mississippi has $485 million in assets, up from $183 in 2006.

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Mega Millions, Is There a Winning Strategy?

28 March, 2012

In a struggling economy everyone is looking for a little hope. Could the Mega Millions jackpot, now at an estimated award of $500 million, be your $1 shot at financial freedom?

This global record jackpot is attracting millions to this cheap entertainment that sparks million dollar dreams. And when those dreams are just a lottery ticket away, we all want to know: how can I make my chances of hitting that jackpot better? Or is it pure and simple luck?

How Does the Mega Millions Lottery Work?

Let’s start with how the game is played.

The Mega Millions lottery is a multi-jurisdictional lottery game. Each lottery ticket cost $1.

The game is played in 42 jurisdictions, including Washington DC and the US Virgin Islands. A

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2.02% APY Best certificate of deposit rate with Tradesmen Community Credit Union

27 March, 2012

Tradesmen Community Credit Union offers a very competitive interest rate for their short term and long term certificates of deposit. This money in the bank deal has the following current CD rates:

  • 6 month CD term earns 0.50% APY
  • 12 month CD term earns 0.70% APY
  • 24 month CD term earns 1.06% APY
  • 36 month CD term earns 1.76% APY
  • 48 month CD term earns 1.41% APY
  • 60 month CD term eanrd 2.02% APY

You can earn these highest certificate of deposit rates when you make an initial deposit of $2,500 to open an account. You are required to maintain your principal balance on the CD account to avoid early withdrawal penalty.

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America First Credit Union CD Rates March 2012 Update

18 March, 2012

Today, Highest CD Rates is visiting the America First Credit Union CD rates. This credit union was first started on Fort Douglas in Utah, back in 1939. The first container the members used to keep the funds was an old Prince Albert tobacco can. Fast forward to today and they now use a steel reinforced safe.

Unlike many in the industry, the America First Credit Union certificate of deposit rates have remained steady since our last visit. This is a good sign for those looking to invest in this conservative style of making money.

The current CD rates include the 3 to 5 month CD that is earning an APY of 0.15%. The 6 to 11 month CD is earning an APY of 0.25%.

The 1 year to 23 month CD is earning an APY of 0.45%. The 2 year to 29 month CD is earning an APY of 0.50%.

The 30 to 35 month CD is earning an APY of 0.60%.

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