Recent Rise in Long-Term Rates Bodes Well for Bank Profitability

       Recent Rise in Long-Term Rates Bodes Well for Bank Profitability

TheStreet and RateWatch Report Top CD Rate Issuers

PR Newswire

NEW YORK, Jan. 29, 2013

NEW YORK, Jan. 29, 2013 /PRNewswire/ --RateWatch, a premier banking data and
analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that
interest rates for savings products are holding steady. The average interest
rate on a 5-year CD decreased by one basis point based on data collected from
over 90,000 financial institution locations.

(Logo: http://photos.prnewswire.com/prnh/20130102/NY35868LOGO-b )

Market yields for 10-year U.S. Treasury bonds reached the 2.00% line on
Monday, for the first time since April 25 of last year, according to the
Treasury's data. The recent rise in long-term rates will eventually bode well
for profitability for many banks, as yields on other long-term assets rise,
although in the near term, a concurrent rise in mortgage backed securities
yields means lower profits for banks on the sale of newly originated loans.

It is too early in this rate cycle for the rising long-term rates to translate
to higher deposit rates. The Federal Reserve Open Market Committee in
December said that it expected to keep its target short-term federal funds
rate in a target range of zero to 0.25% for "at least as long as the
unemployment rate remains above 6-1/2 percent," and as long as inflation
projections remain within 0.5% of the central bank's long-term goal of 2%.

NATIONAL AVERAGE RESULTS - $10K

             This Last
             week week
Money Market 0.12 0.12
1 month CD   0.06 0.06
3 month CD   0.10 0.10
6 month CD   0.16 0.16
1 year CD    0.26 0.26
2 year CD    0.41 0.41
3 year CD    0.55 0.55
4 year CD    0.68 0.68
5 year CD    0.87 0.88

TOP RATE ISSUERS - $10K
This is a list of issuers with top interest rates. The issuer's Financial
Strength Rating is  an independent, unbiased evaluation of quarterly
regulatory statements. Institutions are assigned a letter grade of A-E with
"A" representing the highest rating based on a review of many aspects of
financial safety including capitalization, asset quality, profitability and
liquidity. For more information, visit 
www.weissratings.com/help/what-our-ratings-mean.aspx. Information is believed
to be accurate, but not guaranteed.

                                       Financial Minimum
Money Market                           Strength  to Earn  APY
                                       Rating    Interest
Sallie Mae Bank
801-281-1423                           A-        1        1.050
www.salliemaebank.com
Green Bank, National Association
713-275-8370                           C+        500      1.000
www.greenbank.com
Ally Bank
877-247-2559                           B+        1        0.900
www.ally.com
                                       Financial Minimum
1 Month CD                             Strength  to Earn  APY
                                       Rating    Interest
First NBC Bank
504-671-3550                           B-        1000     0.510
www.firstnbcbank.com
Pinnacle Bank
402-529-3581                           B-        500      0.500
www.pinnbank.com
Carter Bank & Trust
828-325-9800                           C+        2500     0.500
www.carterbankandtrust.com
                                       Financial Minimum
3 Month CD                             Strength  to Earn  APY
                                       Rating    Interest
Eloan.com
888-533-5333                           C-        10000    0.650
www.eloan.com
EverBank
888-882-3837                           D+        1500     0.600
www.everbank.com
Beal Bank, SSB
205-202-8511                           C         1000     0.511
www.bealbank.com
                                       Financial Minimum
6 Month CD                             Strength  to Earn  APY
                                       Rating    Interest
Doral Bank
212-329-3700                          E+        1000     0.900
www.doralbankdirect.com
Beal Bank USA
702-598-3500                           B-        1000     0.750
www.bealbankusa.com
Discover Bank
888-765-6654                           C+        2500     0.750
www.discoverbank.com
                                       Financial Minimum
1 Year CD                              Strength  to Earn  APY
                                       Rating    Interest
Beal Bank USA
786-347-3601                           B-        1000     1.110
www.bealbankusa.com
Sallie Mae Bank
801-281-1423                           A-        1        1.050
www.salliemaebank.com
Doral Bank
850-914-2525                           E+        500      1.050
www.doralbankflorida.com
                                       Financial Minimum
2 Year CD                              Strength  to Earn  APY
                                       Rating    Interest
Doral Bank
850-914-2525                           E+        500      1.300
www.doralbankflorida.com
FirstBank Florida
305-740-9522                           D+        1000     1.250
www.firstbankfla.com
Compass Bank
205-297-1986                           D+        5000     1.250
www.bbvacompass.com
                                       Financial Minimum
3 Year CD                              Strength  to Earn  APY
                                       Rating    Interest
First NBC Bank
504-671-3550                           B-        10000    1.970
www.firstnbcbank.com
First Guaranty Bank
985-345-7685                           C         500      1.450
www.fgb.net
Doral Bank
850-914-2525                           E+        500      1.450
www.doralbankflorida.com
                                       Financial Minimum
4 Year CD                              Strength  to Earn  APY
                                       Rating    Interest
Institution for Savings In Newburyport
978-462-3106                           B         1        1.750
www.institutionforsavings.com
First Guaranty Bank
985-345-7685                           C         500      1.700
www.fgb.net
Green Bank, National Association
713-275-8370                           C+        1000     1.700
www.greenbank.com
                                       Financial Minimum
5 Year CD                              Strength  to Earn  APY
                                       Rating    Interest
First NBC Bank
504-671-3550                           B-        10000    2.120
www.firstnbcbank.com
Carter Bank & Trust
828-325-9800                           C+        100      2.020
www.carterbankandtrust.com
Institution for Savings In Newburyport
978-462-3106                           B         1        2.000
www.institutionforsavings.com

Financial Strength Rating: A=Excellent, B=Good, C=Fair, D=Weak, E=Very Weak
      Plus sign "+" = top of range, Minus sign "-"= bottom of range

Data is surveyed weekly with averages calculated each Monday afternoon from
RateWatch's unbiased national interest rate survey of over 90,000 financial
institution locations across the United States.

About RateWatch
For over 20 years, RateWatch has been the premier provider of competitive
interest rate and product information to financial institutions across the
United States. Consistently providing top quality, highly relevant data
RateWatch maintains the largest database in the industry with deposit, loan,
and fee information monitoring over 90,000 locations.Rate surveys, product
comparisons, financial strength reporting, local/regional/national averages,
fee reporting, specialty reports and more are available. To learn more about
RateWatch, visit www.rate-watch.com. RateWatch is a division of TheStreet,
Inc.

About TheStreet
TheStreet, Inc. is a leading digital financial media company that distributes
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Contact:

Erin Corcoran
TheStreet, Inc.
212-321-5566
erin.corcoran@thestreet.com

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SOURCE TheStreet

Website: http://www.t.st