Calling all cousins!!!!

These great CD's are available to anyone that lives in Houston in certain zip codes or lives anywhere and is related to one of the members of the credit union (like me) by blood or marriage. You may purchase 1 CD for a maximum of $7000, and purchase another one for each person that purchases one and uses you as a referral.

Credit Unions are trying to open up their memberships and many are looking for innovative ways to get new members.

If you send me a message, I will send you what you need to use me as the referral (dear cousins) so you may join the Credit Union (requires a separate check for $5 to join, goes into a savings account), and I can buy a few more of these before they are gone.

This deal expires 11.30.06... so hurry up.... interest will be paid at end of term, so no 1099 for this year

Took a week to get their welcome package and then you had to send it back by mail. I even qualified under their rules and still could not get to in time..........

As of 09/20 the rate is down to 5.76%

Your business credit line will be based on your personal credit, not your company's. The only way you can get a credit line for a business that you are not the resposible party is to have your company rated by S&P or have a business that has been in buisness for 4-6 years with provable income in the 7 figure range. Otherwise the banks require an individual to be the responsible party.

Interest rate for
$10,000 balance

5.25%


* Bank-to-Bank transfers to simplify your life
* 24/7 access to your funds
* FDIC insured to the regulatory maximum


5.25% Countrywide Bank Money Market



* The Annual Percentage Yields (APY) and Interest Rates are effective as of September 12, 2006 at 8:30 AM EST. SavingsLinkSM APY’s and Interest Rates may change at anytime without prior notice, including after account opening. APYs shown apply to only individual and joint consumer accounts opened via Internet. The minimum deposit to open an account is $1,000. Fees could reduce earnings on the account. See Application Disclosure Handbook for details. SavingsLinkSM tiered APYs for balances are as follows: $0-$9,999 is 4.50%; $10,000-$49,999 is 5.25%; $50,000-$99,999 is 5.25%; $100,000-$2,499,999 is 5.25%; $2,500,000 and over is 1.50%.

** The Annual Percentage Yields (APY) effective as of September 12, 2006 at 8:30 AM EST and are subject to change without prior notice until account opening. APYs shown apply to only individual and joint consumer accounts opened via the internet. The minimum deposit to open a CD account and obtain the APY is $10,000 for a regular CD and $2,500 for an IRA CD. A penalty is imposed for early withdrawal. See Application Disclosure Handbook for details. $100 average daily balance required to earn interest on an IRA CD. There may be additional IRS penalties for early withdrawal from an IRA account. Consult your tax advisor.

Fatten your savings with a World FDIC-insured account.

6.01% APY guaranteed earnings for term of CD

FDIC insured
Invest up to $100,000

*World's Annual Percentage Yield available online only, effective as of 9/8/2006. Yield subject to change thereafter. Funds must come from a financial institution other than World Savings. Penalty for early withdrawal. $10,000 minimum deposit. $100,000 maximum per household. Personal accounts only. Not available in branches.

World 6.01% CD

Interest accrues the day you do the balance transfer unless you have a 0% deal for X months. WAMU is notorious for offering 0% balance transfer rates for X months in their mailers, and then don't give the 0% apr if your credit is not perfect. That happened to my girlfriend, she got the mastercard but they did not give her the 0% apr on the balance transfer. When she called them they said sorry, you did not qualify. Of course the offer they mailed her said 0% apr for X months on the cover of the envelope.

I got 6% yesterday, but the offer in Texas ends today. 08-31-06 Asked how the "bump" feature works and was told if rates rise you get to a one time shot to request an increase to match the prevailing rate. Sort of vague, but better than nothing.

I just talked to Citibank on the phone. This offer is only available in Texas. The rep said it's a promotion to get new accounts in Texas since they are new to the market here. I asked when the offer would expire and he said it was an ongoing promotion and they would get notice when it's ending. You must open a checking account to get the 6% rate on the CD. The EZ checking package has no fees if you maintain $1500 combined balance in CD, checking, saving, etc. I asked how much you had to put in the checking account since it does not accrue interest. He said there is no minimum so $1 would work. If you close the checking account when you pull the CD's you will not incur any checking fees. This account can be opened over the phone and is not available on the internet since it is only for Texas residents.

Called WAMU (Washington Mutual Bank) today here in Houston, asked them about rumor about 6% CD. Rep said yes 6% for 13 months, last day to purchase August 31, 2006.

Check must come from a different bank. Asked if I transferred funds from ING to my WAMU checking would that be OK... nope! Must be check from another bank to open 6% CD. Anyway she goes on to say that the 6% rate has a bump feature and if rates increase, they will bump up the rate too.. not sure what the trigger is though.

Also asked if the CD was callable, and she said no. All is good.

Minimum $1000 with $100,000 max to be insured FDIC unless you have a joint account then more?

Figure % rates will probably go up, but 6% now is better than 5%ish around in the MM's.