Washington Fed Pays 2.50% On 2-Year CD

Here’s another example of the competitive CD rates we’re finding in the Pacific Northwest.

Seattle-based Washington Federal Savings is paying a 2.50% APY on a 24-month CD with a minimum deposit of $1,000.

If this deal was nationally-available, it would be near the top of our rankings of the best 24-month CD rates.

But it’s not and you can’t apply online.

To open an account you’ve got to visit one of Washington Federal’s 124 branches in eight Western states.

This certificate of deposit is also available at a couple of banks it owns — First Mutual Bank, with 13 branches in Washington, and First Federal Bank, with 13 branches in New Mexico.

Since Washington Federal doesn’t even post CD rates on its Web site, call your local branch to confirm it’s still being offered before making the trip.

Click here for the address and phone number of the one nearest you.

You can use our extensive database of CD rates to compare this offer with the best deals from scores of banks.

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Washington Mutual Bank 6.00% 13-Month CD

Apparently, Washington Mutual (WaMu) is running in-branch only promotions in certain states for a 13-month 6.00% CD account rate.

You should inquire at your local Washington Mutual Bank to see if they have this bank promotion. Be sure to leave a comment if you find a bank that does!

Washington Mutual filed for incorporation in 1889 and later merged with Continental Savings in 1930. Later, in 1983, Washing Mutual acquired a full service brokerage: Murphy Favre and converted to capital stock savings – the conversion produced nearly 72 million dollars, more than 25 percent of the anticipated income. Now, Washington Mutual addresses the personal financial needs of customers as well as the needs of small and midsize businesses.

In terms of commercial offerings, Washington Mutual supplies multi family lending opportunities, community lending services, commercial lending services, mortgages, and credit card services. Business checking accounts, business savings accounts, real estate loans, merchant payments and retirement planning for businesses are also made available.

Washington Mutual offers checking accounts, personal loans and Internet banking services. In addition to personal accounts, Washington Mutual aids with payroll, provides cash management assistance and assists with retirement planning. Also a full service brokerage, Washington Mutual helps customers with investment opportunities – customers can access individual retirement accounts, life insurance policies, purchase stocks and bonds, acquire fixed annuities, mutual funds, and enter into estate and retirement planning endeavors with the assistance of Washington Mutual.

Home loans including those with a fixed rate, adjustable rate home loans, government insured home loans, guaranteed home loans, and hybrid home loans are readily available through the offerings at Washington Mutual. Meanwhile, customers can also take advantage of the insurance offerings at Washington Mutual: mortgage insurance, life insurance, flood insurance, property insurance, home owners insurance and casualty insurance are all offered by Washington Mutual.