Your Answer to Better Bank CD Rates


It would be amazing if we could step into a time capsule and experience interest rates like those of the Jimmy Carter presidency – – –  money markets were in the double-digits, and I remember having a 15% bank CD.  Unfortunately, that’s not going to happen any time soon, and probably not again in my lifetime.


Reality is that we just have to do the best we can to make “money smart” decisions!!!!


Right now if you go to your local bank, you’ll be lucky to make more than .25% APY on a one year CD, and much over 1.25% APY on a five year CD.  To do better, I suggest you go to your local credit union, or if you trust online security, try an Internet bank.  You’ll find that the credit union will get you close to or above 1.5% APY and the Internet bank at or just above 2% APY on a 5 year CD.   That’s better, but in my estimation, not good enough.  A minimum goal should be to keep pace with inflation.


Really think it would be good for you to explore this web site, to gain a better understanding and appreciation of the CD-Type Annuity.


For those of you looking for the best jumbo CD bank rates, if you found a five year with a minimum of 3% APY would you jump all over it?  I think so!!!!


Check out our rates on the CD-Type Annuity.  Whether you only want a  one year term or willing to go longer for higher guaranteed rates, this CD alternative far exceeds what you’ll receive at a banking institution.  Yes, there are differences, and they need to  be explored and understood before making any decision.    For that reason, I suggest you download our free report, Beating the Bank.


Think it is important to make it clear,  these rates are being provided by large insurance companies.  Our function is to find you the highest CD-Type Annuity rates offered in Texas.  Our primary focus is North Texas, and specifically, Richardson, Carrolton, Plano, Allen, Flower Mound, and McKinney.  Any application taken is done face-to-face, any check written is made out to the insurance company issuing the policy.


With today’s bank interest rates so low and the need for guaranteed income so important, please consider the higher interest rates we provide through our contracted insuring companies.   The unfamiliar is sometimes worth your time and effort if the reward is sufficient.  We believe, the better rates provided by the CD-Type Annuity meets that criteria.


Take some time on our site, pull the download, and consider providing contact information.  We certainly welcome questions and phone calls.

Author: David Winer

David Winer is the President and principal planner at Elders Financial LLC. He entered the field of financial services in 1988. He has an undergraduate degree in Sociology and an MS in Marketing. David has more than 28 years insurance, 22 years retirement planning, and eight years securities experience. He completed Certified Financial Planning courses at PDI Institute, Dallas, Texas. Since 1994, David has focused on providing a financially conservative, reduced risk approach to his clients. Emphasis is given to investment safety, liquidity, and potential tax reduction. David was born and raised in Wisconsin, and has made his home in Plano, Texas with wife and family since 1981.

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