Federal Reserve members committed to central bank's current monetary policy

 Federal Reserve members committed to central bank's current monetary policy

TheStreet and RateWatch Report Top CD Rate Issuers

PR Newswire

NEW YORK, April 23, 2013

NEW YORK, April 23, 2013 /PRNewswire/ --RateWatch, a premier banking data and
analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that
while the average 2-, 3- and 5-year CD rates this week decreased by .01%,
national averages generally remained unchanged at record-low levels.

(Logo: http://photos.prnewswire.com/prnh/20130102/NY35868LOGO-b )
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"Fed Vice Chair Janet Yellen -- considered the frontrunner for Chairman Ben
Bernanke's post should he decide to step down -- said the economy needed
exceptionally low policy rates for a longer period and she didn't believe any
significant asset bubbles were forming," The Street's Economist Joe Deaux
states. "St. Louis Fed President James Bullard still said he was concerned
about inflation, but says scaling back on stimulus didn't mean the need for
tight policy."

NATIONAL AVERAGE RESULTS - $10K

             This Last

             week 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    0.38 0.39
3 year CD    0.51 0.52
4 year CD    0.64 0.64
5 year CD    0.82 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

Money Market                                 Strength  to Earn  APY
                                                                (%)
                                             Rating    Interest
                                                       ($)
Mercantil Commercebank, National Association
305-460-8701                                 C         10000    1.000
www.mercantilcb.com
Sallie Mae Bank
801-281-1423                                 A-        1        0.900
www.salliemaebank.com
Ally Bank
877-247-2559                                 B+        1        0.840
www.ally.com
                                             Financial Minimum
                                                                APY
1 Month CD                                   Strength  to Earn
                                                                (%)
                                             Rating    Interest
                                                       ($)
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
Umbrellabank.com
866-862-7355                                 C         1000     0.400
www.umbrellabank.com
                                                       Minimum
                                             Financial
                                                       to Earn  APY
3 Month CD                                   Strength
                                                       Interest (%)
                                             Rating
                                                       ($)
Beal Bank USA
702-598-3500                                 B-        1000     0.510
www.bealbankusa.com
Umbrellabank.com
866-862-7355                                 C         1000     0.510
www.umbrellabank.com
EverBank
888-882-3837                                 D+        1500     0.510
www.everbank.com
                                             Financial Minimum

6 Month CD                                   Strength  to Earn APY
                                                                (%)
                                             Rating    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

1 Year CD                                    Strength  to Earn  APY
                                                                (%)
                                             Rating    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

2 Year CD                                    Strength  to Earn  APY
                                                                (%)
                                             Rating    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

3 Year CD                                    Strength  to Earn  APY
                                                                (%)
                                             Rating    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
Signature Bank
646-822-1500                                 A-        5000     1.410
www.signatureny.com
                                             Financial Minimum

4 Year CD                                    Strength  to Earn  APY
                                                                (%)
                                             Rating    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

5 Year CD                                    Strength  to Earn  APY
                                                                (%)
                                             Rating    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. (www.t.st) is the leading digital financial media company
serving up business and financial news, data and analysis to personal and
institutional investors worldwide. The Company's portfolio of business and
personal finance brands includes: TheStreet, RealMoney, RealMoney Pro,
Stockpickr, Action Alerts PLUS, Options Profits, MainStreet and Rate-Watch. To
learn more, visit www.thestreet.com. The Deal, the Company's institutional
business, provides intraday coverage of mergers and acquisitions and all other
changes in corporate control. To learn more, visit www.thedeal.com.

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

SOURCE TheStreet, Inc.

Website: http://www.thestreet.com
 
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