Current Treasury Rates[bloomberg.com]
1 Year Treasury is at 4.65%, which is less than 4.85%, but if your state income tax is higher than 4%, you'll be better off with the treasuries, as treasury income is not taxable by states and CD income is. The majority of Americans live in states where the top marginal rate is over 4%.
minimum 1k, what's the maximum?
Tempting! Not sure to lock in or wait for something 5% 😇
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Interesting... for a relatively small bank with most of their assets in loans; the CEO was appointed Port Authority boss in VA, which carries some serious clout, while the bank is rated A level.
Interesting... for a relatively small bank with most of their assets in loans; the CEO was appointed Port Authority boss in VA, which carries some serious clout, while the bank is rated A level.
They took the prior bank public (WashingtonFirst) and ultimately got acquired by Sandy Spring. Same leadership team then launched this one.
If one dont have need for money/cash sitting in their bank account or under mattress for next 12 to 18 months, then this is a great rate to get locked in.
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1 Year Treasury is at 4.65%, which is less than 4.85%, but if your state income tax is higher than 4%, you'll be better off with the treasuries, as treasury income is not taxable by states and CD income is. The majority of Americans live in states where the top marginal rate is over 4%.
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FDIC insured and all that good stuff.
https://trustarbank.com/cd-special/
For comparison the Frontpage CIT 13 Month CD posted on 11/04 was 4.15%.
https://slickdeals.net/f/16155775-cit-bank-13-month-cd-earn-4-15-apy?src=SiteSea
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Not locked so potential to move up
Not locked so potential to move up
I see 3.00 on savings (Marcus). Is 4.1 some kind of promo?
Not locked so potential to move up
Or potentially down