The blog of a bum who thinks too much. Or, maybe not enough.

About Me -- Confusion abounds

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Urbana, Illinois, United States
Thirty-one-year-old gay guy blogging for blog's sake.

2009-07-16

banks recently

On Tuesday I closed my old Busey Bank bank account, and I opened a new one with First Federal Savings Bank. While I was working at Busey, the employees would get a sheet of the rates that all the banks in the C-U area were offering and charging on accounts and loans. FF consistently had the highest yielding APYs on its money-market checking accounts, CDs, and other interest-bearing account types. Busey Bank was in the bottom half. Maybe that bank was in the lower third. I really don't remember.

I also closed my one of my CDs I had with Navy Federal Credit Union, since it entered its roll-over period. It was my goal to have both of my CDs mature at the same time. That was not the situation; They would have matured three months apart. Ultimately, I wanted to combine those CDs into one big one and continue to reinvest that until I really needed the cash. Since my $3000 variable rate CD matures next March, I'll just combine the left-overs from this CD I closed a few months ago with the current one into one CD with a shorter roll-over cycle.

(Now all I need is a fucking job so I can set up direct deposit into my Navy Fed account. That is a pipe dream.)

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