U.S. banks offer high yields on short-term CDs


By Jonathan Stempel NEW YORK, Sept 25 (Reuters) - Not even a nationwide banking crisis has stopped some of the largest U.S. lenders from offering big yields to attract depositors. Banks including GMAC LLC's [CBS.UL] GMAC Bank, Wachovia Corp and Washington Mutual Inc are offering yields above 4 percent on certificates of deposit maturing within a year. WaMu, the embattled savings and loan, offers one of the highest yields around -- 5 percent on a 12-month CD. Lenders view deposits as ...

Premium Content (PAID Subscription Required)

"U.S. banks offer high yields on short-term CDs" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×