Many of us were hoping for some better news in the banking industry for 2011, but unfortunately, we are hearing the same tune. If you want to keep your money in the state of Nevada, close to home, you may want to consider some of these ideas and rates. We especially need the best credit card rates, the best money market rates and the best checking account deals.

The uneasiness we feel leads us to wonder what is next now in January 2011. The research shows there are still some banks and credit unions in Nevada that hold high financial ratings. A well known company that is in the business to know ratings on credit unions and banks each quarter may help us feel more secure in just where we want to put our money.

For instance, please note below the most recent financial data showing credit unions and their headquartered locations in Nevada that currently have a “superior 5 star” rating.
1. Churchhill County F.C. in Fallon
2. Elko Federal Credit Union in Elko

1 Credit Union with an “excellent 4 star” ratings is Reno City Employees Credit Union.

Reno City Employees Credit Union offers up to 84 month CDs. Rates as of this writing:
6-12 mo = .25%
12-23 mo = .75%
24-47 mo = 1.00%
48-60 mo = 1.26%
84 mo = 2.00%
Please verify rates with this Credit Union.

Current “superior 5 star” rated banks in Nevada are:
1. Charles Schwab Bank in Reno
2. Credit One Bank N.A. in Las Vegas
3. Eaglemark Savings Bank in Carson City
4. Heritage Bank of Nevada in Reno
5. HSBC Bank Nevada N.A. in Las Vegas

Banks with an “excellent 4 star” ratings are:
1. Farm Bureau Bank FSB in Sparks
2. Kirkwood Bank of Nevada in Las Vegas
3. Meadows Bank in Las Vegas
4. USAA Savings Bank in Las Vegas
5. Wells Fargo Financial National Bank in Las Vegas

Lower rated banks or banks that yet have no rating include:
Beal Bank Nevada in Las Vegas
CitiBank N.A. in Las Vegas
First Asian Bank in Las Vegas
First Independent Bank of Nevada in Reno
First Security Bank Nevada In Las Vegas
M & I Bank FSB in Las Vegas
Nevada Bank and Trust in Caliente
Nevada Commerce Bank in Las Vegas
Nevada National Bank in Las Vegas
Nevada State Bank in Las Vegas
Service 1st Bank of Nevada in Las Vegas
Town & Country Bank in Las Vegas
Town North Bank Nevada N.A. in Henderson

Credit Unions headquartered in Nevada with lower or no ratings are:
Boulder Dam in Boulder City
Clark County Credit Union in Las Vegas
E.W. No. 401 in Reno
Financial Horizons in Hawthorne
Frontier Financial in Reno
Great Basin F.C.U. in Reno
Greater Nevada in Carson City
Las Vegas UP Employees F.C.U. in Las Vegas
Moapa Valley F.C.U. in Overton
Nevada Federal Credit Union in Las Vegas
Pahranagat Valley F.C.U. in Alamo
Plus Credit Union in Las Vegas
S W G Federal Credit Union in Las Vegas
Silver State Schools Family C.U. in Las Vegas
Sonepco Federal Credit Union in Las Vegas
Sparks City Employees F.C.U. in Sparks
Stage Employees F.C.U. in Las Vegas
Weststar Credit Union in Las Vegas
White Pine County School Emp F.C.U. in Ely

Disclaimer: Please note that this post was written as accurately as possible, but we cannot guarantee accuracy at the time of your reading. All ratings are taken from Bauerfinancial based on September 2010 financial data.

National City Bank is part of the PNC Group. As you learn more about National City Bank CD rates you will find that investing with this financial institution is one of the best decisions you could ever make. With the ability to receive a high rate of return on your money, without any risk, you will quickly realize that this is something you can benefit from in the long run.

For many years, National City Bank CDs have been popular among investors. Those who are interested in a predictable investment do not have to look any further than these products. If you do not need immediate access to your funds this type of investment is one to consider.

Did you know that National City Bank offers CDs ranging in term from seven days to 10 years? This is perfect for every investor, regardless of their financial situation and goals. All you have to do is choose a product that suits you best, and then take things from there.

National City Bank offers many types of CDs including: fixed rate CD, ready access CD, callable CD, variable rate CD, and step rate CD. Once you compare the pros and cons of each you will get a better feel for what type is best for you and your money.

National City Bank CD rates depend on many factors including your location, as well as the type of product that you are interested in. For example, a seven day rate is going to be lower than one for a 5 year CD. Along with this, make sure you are aware of the minimum balance requirements. A 60 month callable CD, for example, requires a starting balance of at least $10,000. For some people this may not be a big deal. Others, though, will find this too much for them.

PNC has more than 2,400 branches in 15 states and the District of Columbia. Along with this, there are approximately 6,500 ATM machines. If you are interested in National City Bank CD rates all you have to do is visit a local branch. From there, you can learn more about your many options including current rates and the amount of money needed to invest.

Now that you know more about National City Bank CD rates you can decide if investing in this way is right for you at the present time.

Whats the Suntrust bank looking like for 2011? Lets take a close look at their rankings and stability for the coming new year.

SunTrust Bank, headquartered in Atlanta Georgia, currently holds a 3 star “adequate” rating by a popular bank financial reporting agency at the end of 2010. This may or may not be adequate for your savings and investments but what really is anymore. It is hard to know what to do.

SunTrust’s personal financial online home page states it had assets of $174.7 billion as of September 2010. They show branches and ATMs primarily in Florida, Georgia,
Maryland, North Carolina, South Carolina, Tennessee, Virginia and the District of Columbia.

With a record number of 157 bank failures for 2010, we are all feeling discouraged and wondering how much worse it will be for 2011. The state of Georgia ranked #2 for the
number of bank failures in 2010 being 21. Florida topped the list at 29 bank failures for 2010.

Currently SunTrust is offering a 63 month CD for 2.25% APY. A 49 month CD will offer 1.60% APY. Their 39 month CD offers 1.30% APY. The 22 month CD offers
1.01% APY. Each has a minimum opening balance of $2,000 and a maximum of $1,000,000 per CD.

If you have a son or daughter going to start college, SunTrust offers a free student checking account. It allows for two free non SunTrust ATM transactions.

The bottom line is that the FDIC is the one thing we can certainly seem to count on whether we want to continue to keep our money at SunTrust or not. It remains to be seen what the situation will look like at the end of 2011.

Rising CD rates for Ally or Discover in 2011 is the important answer to the question all of us want to know. What about JP Morgan Chase, Wells Fargo, Citi Bank , US Bank, Sun Trust and Bank of America and the other big guns?

Raising the rates for the new year will be a boost for all of us with the discouragement we saw for 2010.  So how can we prepare for what may or may not happen?

Perhaps the long term CDs will become more acceptable for many of us. This may be the only way we will see at least some return.  Hopefully, the glass will start looking half full soon. But the glass has been looking more empty all the time, so you may have to make the decision to lock in for the long haul.

Mortgage rates being at an all time low have only been advantageous to a small minority, and of course, we cannot expect the rates to do much until the Federal Reserve starts looking more opportunistic.  Since the Federal Open Market Committee met in November 2010,  the information received indicates the economic recovery is continuing, but at a pace that is too slow to bring down unemployment right now.

To promote a stronger pace of economic recovery, the Committee decided to continue expanding its holding of securities as announced in December. The Committe also intends to purchase $600 billion of longer term Treasury securities by the second quarter of 2011.

Since the Committee continues to anticipate exceptionally low levels for the federal funds rate over an extended period of time, according to this recent report, it appears that rising CD rates may be much further down the road for all of us.

Several insurance companies like Met Life and State Farm are now offering deposit accounts. Shelter Insurance Company has a bank called Shelter Financial Bank, and it has some competitive long term CD rates. For instance, its 7 year rate is 3.20% APY.  Premier CU in Northern California has a 3.00% APY 5 year CD currently.

Some of the higher rates are still coming from the same places. Discover Bank out of Greenwood Delaware is offering giving 3.00% APY on its long term CD. USAA out of San Antonio Texas is offering 2.70% on its long term CD as well.

Irregardless of whether you live in Miami, New York, Dallas, Los Angeles or any other large city across the Nation, we are going to have to continue to do our homework and make some unusual and unique decisions about our savings spending again for 2011.

If you live or work in any of the below listed counties, you may want to invest here.

Dupaco Community Credit Union will work for you to become a member if you live or work in one of these counties. Winneshiek, Allamakee, Crawford, Fayette, Clayton, Grant, Iowa, Lafayetter, Buchanan, Delaware, Dubuque, Jo Daviess, Stephenson, Benton, Linn, Jones, Jackson, Carroll, Benton, Johnson, Cedar, Scott, Clinton, Whiteside, Muscatine, Rock Island, Washington, and Louisa.

To begin as a member you will need to open a savings account with $25 or more. Once a member, always a member, so if you move somewhere across the US, you can remain a member and your immediate family members have automatic eligibility, even if they work outside the counties in the charter area. You can sign up for a rate alert whenever rates change. Please see current rates below as of
May 4, 2010.

Term Share Certificate Rates With APY Listed:
15 month special = 1.96% ($5k min)
27 month special = 2.46% ($5k min)
35 month special = 2.77% ($5k min)
60 month = 3.02% ($1k min)
48 month = 2.42% ($1k min)
36 month = 2.21% ($1k min)
30 month = 2.06% ($1k min)
24 month = 1.96% ($1k min)
18 month = 1.66% ($1k min)
12 month = 1.61% ($1k min)
06 month = 1.16% ($1k min)

With $1k Minimum to Open, See These Fixed IRA APY Rates:
60 months = 3.02%
36 months = 2.21%
18 month = 1.66%

Variable IRA APY Rates:
$15k and above = 3.04%
$5k-$14,999 = 2.53%
$5-$4,999 = 2.02%

Dupaco Community Credit Union is headquartered in Dubuque, Iowa and current has the highest star rating that can be given by a popular bank rating system company know as Bauerfinancial. They give a 5 star “superior’ rating based on the most recent financial data of 12/31/09. Dupaco can be reached by calling
800-373-7600 or 563-557-7600. Their website is www.dupaco.com. Their lobby hours vary depending on where you are located.

Disclaimer
This post is not regularly maintained, therefore, we cannot guarantee accuracy at the time of your reading. Please check directly with the financial institution before investing.

Do you want the added security of knowing your bank investment is safer than what you are told? FDIC is still here but knowing the true financial condition of your bank can really help too. Maybe you are looking at investing and want to know the current California CD rates. Below are various cities across California and the corresponding banks which we share the current cd rates as of April 25. While these may not always be the highest California cd rates, we strive to combine the safety of the bank with those that offer a decent yield proving to be some of the best cd rates in the country.

One of the highest bank rating systems known across the country for telling us the true and most current financial condition of every single bank is Bauerfinancial. We have also listed the highest rated banks based on the most recent financial data of 12/30/09. These banks listed have at least a 4 star “excellent” or 5 star “superior” rating. No other banks are listed. This info is current as of April 2010. New bank ratings will be available in June 2010. The banks listed are headquartered in the named cities in California.

1. 1st Capital in Monterey – No Info provided
2. American Business in Los Angeles – No Info provided
3. American Plus Bank NA in Arcadia – Current 24 month CD 2.15% APY
4. Asian Pacific National in San Gabriel – $2500 to open a CD, rates vary up to 2 years
5. Balboa Thrift & Lan Association in Chula Vista – No Info provided
6. Bank of Hemet in Riverside – Terms for CD from 3 months to 5 years. Call for rates
7. Bank of Internet USA in San Diego – 1 year cd rate of 1.54% APY
8. Bank of Manhattan NA in El Segundo – No Info provided
9. Bank of Marin in Corte Madera – 6 months and more $1000 minimum deposit
10. Bank of Rio Vista in Rio Vista – No Info provided
11. Bank of Santa Clarita in Santa Clarita
12. Bank of Stockton in Stockton
13. Bank of Whittier NA = Whittier
14. Bank of Willits = Willits
15. Bay Commerical = Walnut Creek
16. Borel Private Bank & Trust = San Mateo
17. Broadway Federal Bank F.S.B. = Los Angeles
18. California Bank of Commerce = Lafayette
19. California Community in Escondidio – Minimum $2500 opening at 1.00% for 12 months
20. California First National Bank = Irvine
21. California Oaks State Bank in Thousand Oaks
22. California Pacific in San Francisco
23. California Republic in Newport Beach
24. California United in Encino
25. Capital Bank and Trust Company = Irvine
26. Citizens Business Bank = Ontario
27. City National = Los Angeles
28. Commerce National = Newport Beach
29. Commonwealth Business = Los Angeles
30. Community Bank = Pasadena
31. Community Bank = Santa Maria
32. Cornerstone Community = Red Bluff
33. County Commerce = Ventura
34. Eastern International = Los Angeles
35. El Dorado Savings in Placerville – 24 month CD at 1.50%
36. Embarcadera = San Diego
37. Farmers & Merchants Bank Central = Lodi
38. Farmers and Merchants Bank = Long Beach
39. First Commerce Bank = Encino
40. First Commercial Bank USA = Alhambra
41. First Federal Savings and Loan of San Rafael
42. First General Bank = Rowland
43. First Northern = Dixon
44. First Security Business = Orange
45. GBC International = Los Angeles
46. Golden Valley Bank = Chico
47. Kaiser Federal = Covina
48. Los Angeles National = Buena Park
49. Luther Burbank Savings = Santa Rosa
50. Malaga Bank F.S.B. = Palos Verdes
51. Manufacturers = Los Angeles
52. Mechanics = Richmond
53. Merchants National = Sacramento
54. Mission = Bakersfield
55. Mission National = San Francisco
56. Mission Valley = Sun Valley
57. Mizuho Corporate Bank of California = Los Angeles
58. Mojave Desert Bank N.A. = Mojave
59. Montecito Bank & Trust = Santa Barbara
60. Murphy Bank = Fresno
61. Nara = Los Angeles
62. Northern California National = Chico
63. Omni Bank N.A. = Alhambra
64. Orange County Business = Newport Beach
65. Pacific Enterprise = Irvine
66. Pacific Premier = Costa Mesa
67. Premier Commercial Bank N.A. = Anaheim
68. Private Bank of California = Los Angeles
69. Rancho Santa Fe Thrift Association = San Marcos
70. Redding Bank of Commerce = Redding
71. Redwood Capital = Eureka
72. River Valley Community = Yuba City
73. San Diego Trust = San Diego
74. Santa Cruz County = Santa Cruz
75. Santa Lucia = Atascadero
76. Savings Bank of Mendocino County = Ukiah
77. Security Bank of California = Riverside
78. Security Business Bank of San Diego
79. Security First = Fresno
80. Silicon Valley = Santa Clara
81. State Bank of India (California) = Los Angeles
82. Summit State = Santa Rosa
83. Tri County = Chico
84. Tustin Community = Tustin
85. Union Bank N.A. = San Francisco
86. United Pacific = City of Industry
87. Valley Business = Visalia
88. Valley Community = Pleasanton
89. Wells Fargo Bank, Ltd. = Los Angeles
90. Wells Fargo Central = Calabasas
91. Wells Fargo HSBC Trade Bank N.A. = San Francisco
92. Westamerica = San Rafael
93. Wilshire State = Los Angeles

Disclaimer:
We have done our best to report financially stable banks in California at this time, however, we cannot guarantee accuracy at the time of your reading. Please check directly with the financial institution for more detail.