New CD

Ted

FYI: This morning I purchased a new CD, Tri-State Bank Pittsburgh, 2.350% 10/21/19 to replace Compass Birmingham Ala. 2.30% maturing today 6/17/19.
Regards,
Ted

Derf

@Ted: Can a person purchase a CD on the same day one matures ,at all brokerages ?
Derf

davidrmoran

Bankrate shows 6m and 10m CDs at 2.5% and 2.7% from investors bank in NJ.

Seems to be real rare to have non-laughable rates for short-term CDs.

Crash

I see rates going DOWN at Navy Fed. https://www.navyfederal.org/products-services/checking-savings/certificates-rates.php

There's a new "featured" CD for 10 months, at 2.75 yield.

Ted

@MFO Members: Note the maturity date on new CD just short of four months.
Regards,
Ted

johnN

Hi sir congrats... Are you planning to buy individual bonds like hertz car rental like before... 2.3% Ytm is a great vehicle if you do not want any risks

Ford, 6.625% 1oct2028, USD (US345370BY59, 345370BY5)

Ted

@johnN: 2028, I don't want to go that far out.
Regards,
Ted

MikeM

The hope that CD's would continue to rise so that you could build a nice ladder is quickly becoming a pipe dream. The best rates at Schwab right now are the 3-6 month CDs at 2.3?. To get anything better you have to go out 10 years!. The MM is down to around 2.2%. Oh well. Tough on retirees.

Crash

Pioneer Valley Cr Union Spfld. MA
https://www.pioneervalley.coop/Rates.aspx?tab=shares#certificates-and-iras