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Support Grows For Scale Back Of Open-Ended Purchases Of Mortgage-Backed Securities & Longer-Term Treasuries



   Support Grows For Scale Back Of Open-Ended Purchases Of Mortgage-Backed
                     Securities & Longer-Term Treasuries

TheStreet and RateWatch Report Top CD Rate Issuers

PR Newswire

NEW YORK, April 16, 2013

NEW YORK, April 16, 2013 /PRNewswire/ -- RateWatch, a premier banking data and
analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that
while the average 4-year CD rate this week decreased incrementally, national
averages generally remained unchanged at record-low levels. The Federal
Reserve has continued to keep the short-term federal funds rate at a range of
zero to 0.25% since late 2008.

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

(Logo:  http://photos.prnewswire.com/prnh/20130219/NY62571LOGO )

The Federal Reserve released last week the minutes of its March policy-making
meeting, which showed growing support of central bankers to scale back
open-ended mortgage-backed securities & longer-term treasury purchases.
"Economists are saying that Fed members already may have retraced their
enthusiasm to slow or end monetary stimulus as a basket of weak U.S. economic
data that emerged after the meeting suggested the recovery has remained soft,"
states TheStreet's Economist, Joe Deaux. "Continued weak data indicates that
the Fed will remain committed to keeping interest rates low."

NATIONAL AVERAGE RESULTS - $10K

             This week Last week
Money Market 0.11      0.11
1 month CD   0.06      0.06
3 month CD   0.10      0.10
6 month CD   0.15      0.15
1 year CD    0.24      0.24
2 year CD    0.39      0.39
3 year CD    0.52      0.52
4 year CD    0.64      0.65
5 year CD    0.83      0.83

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 to
                                           Strength        Earn          APY
Money Market                                                             (%)
                                           Rating          Interest
                                                           ($)
Mercantil Commercebank, National
Association                                C               10000         1.000
305-460-8701
www.mercantilcb.com
Sallie Mae Bank
801-281-1423                               A-              1             0.950
www.salliemaebank.com
Ally Bank
877-247-2559                               B+              1             0.840
www.ally.com
                                           Financial       Minimum to    APY
1 Month CD                                 Strength Rating Earn Interest (%)
                                                           ($)
Carter Bank & Trust
276-632-2901                               C+              2500          0.500
www.carterbankandtrust.com
Beal Bank USA
702-598-3500                               B-              1000          0.400
www.bealbankusa.com
Beal Bank, SSB
469-467-5000                               C               1000          0.400
www.bealbank.com
                                           Financial       Minimum to    APY
3 Month CD                                 Strength Rating Earn Interest (%)
                                                           ($)
Eloan.com
888-533-5333                               C-              10000         0.550
www.eloan.com
Beal Bank, SSB
713-888-3900                               C               1000          0.511
www.bealbank.com
Beal Bank USA
702-598-3500                               B-              1000          0.510
www.bealbankusa.com
                                           Financial       Minimum to    APY
6 Month CD                                 Strength Rating Earn Interest (%)
                                                           ($)
Doral Bank
212-584-6820                               D-              500           1.000
www.doralbankny.com
CapitalSource Bank
888-433-4272                               B               10000         0.800
www.capitalsourcebank.com
Beal Bank USA
702-598-3500                               B-              1000          0.750
www.bealbankusa.com
                                           Financial       Minimum to    APY
1 Year CD                                  Strength Rating Earn Interest (%)
                                                           ($)
Doral Bank
212-584-6820                               D-              500           1.200
www.doralbankny.com
Beal Bank USA
786-347-3601                               B-              1000          1.110
www.bealbankusa.com
CIT Bank
801-412-6800                               B+              1000          1.010
www.bankoncit.com
                                           Financial       Minimum to    APY
2 Year CD                                  Strength Rating Earn Interest (%)
                                                           ($)
Doral Bank
212-584-6820                               D-              500           1.450
www.doralbankny.com
Nationwide Bank
614-249-6226                               B+              10000         1.200
www.nationwide.com
VirtualBank
561-776-8860                               C+              10000         1.160
www.virtualbank.com
                                           Financial       Minimum to    APY
3 Year CD                                  Strength Rating Earn Interest (%)
                                                           ($)
First NBC Bank
504-671-3550                               B-              10000         1.820
www.firstnbcbank.com
Doral Bank
212-584-6820                               D-              500           1.550
www.doralbankny.com
Community Bank
800-239-9427                               C               1000          1.450
www.dodcommunitybank.com
                                           Financial       Minimum to    APY
4 Year CD                                  Strength Rating Earn Interest (%)
                                                           ($)
Institution for Savings In Newburyport
978-462-3106                               B               1             2.000
www.institutionforsavings.com
Doral Bank
212-584-6820                               D-              500           1.650
www.doralbankny.com
Emigrant Bank
212-850-4521                               C+              1000          1.650
www.emigrant.com
                                           Financial       Minimum to    APY
5 Year CD                                  Strength Rating Earn Interest (%)
                                                           ($)
Institution for Savings In Newburyport
978-462-3106                               B               1             2.000
www.institutionforsavings.com
First NBC Bank
504-671-3550                               B-              10000         1.970
www.firstnbcbank.com
Green Bank, National Association
713-275-8370                               C+              1000          1.850
www.greenbank.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
its content through online, social media, tablet and mobile channels. The
Company's network of brands includes: TheStreet, RealMoney, RealMoney Pro,
Stockpickr, Action Alerts PLUS, Options Profits, Chat on TheStreet, MainStreet
and RateWatch. For more information on TheStreet's business, visit www.t.st.
For financial and business news, actionable trading ideas, stock quotes and
more, visit TheStreet.com, follow TheStreet on Facebook and Twitter, and
access TheStreet through all major mobile and tablet platforms.  For more
information on The Deal, visit www.thedeal.com.

Contact:

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

SOURCE TheStreet, Inc.

Website: http://www.rate-watch.com
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