Wednesday, February 08, 2006

Emigrant Savings Bank Deposit Rate is 4.25%.

Emigrant Savings Bank in NY been offering the most attractive deposit rates of any bank for about a year now. They have been raising rates along with the Fed and now pay 4.25%, which is a pretty solid return. If I had $100,000 to either invest in a house or in cash, I’m pretty sure I would take the 4.25% return rather than risk losing 25% to 35% in the housing market.

4 Comments:

Blogger jf said...

Emigrant has a lot of downside exposure to the housing bubble, however; it holds a large number of home loans.

Wednesday, February 08, 2006 11:23:00 PM  
Anonymous Anonymous said...

hsbc currently offers 4.80% through april.

After that it is 4.50%

Thursday, February 09, 2006 11:07:00 AM  
Anonymous Anonymous said...

Find the best information online about offshore bank account at BankingServices.ca

Friday, June 23, 2006 3:06:00 AM  
Blogger MoneyMaker said...

Do you think that these conditions are the best? As far as I know, some banks offer higher cash back, For example, Chase Bank offers 6% cash back.

Tuesday, August 28, 2007 4:50:00 AM  

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