& I just made the Keesler deal before the rate died. But as you told me earlier “time is of the essence”.
Very good advice…
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Thank you, pattyb53. But I’m still at sea, and I’m really concerned, regarding disappearing options for three handle certificates of deposit.
I did post, up thread, the Andrews 3.05% deal. Looking over on Ken’s website though, we are not at all alone here in focusing on this deal . . . . sort of on an “all hands on deck”, last available, emergency option basis. Hence, one wonders if the Andrews deal will soon go the way of the once-great Keesler deal.
We are quickly arriving at the juncture where, if you do not have your add-on CD ducks well and carefully lined up, you are toast. This is not a good time.
Finally, scouring Ken’s site, I can report there remain a number of LOCAL three handle certificates. We do not deal with those here, this is for good reason, and I’m not changing the rules now. But each participant here should be certain carefully to search for and investigate available local CD options prior to investing nationally at a possibly lower interest rate.
This is becoming severe. Good luck to all.
Surrendering now to the unavoidable maelstrom of sub-3% five year CDs.
For those having CD funds needing a home while lacking a good add-on CD safe harbor, Ken this morning is featuring an alternative for your five year CD money. His deal is at CUR and is offering a tepid 2.7% APY. Ken says anyone may join. Here is the link:
Link to Ken’s five year CD deal
If you want to play you will need a minimum of $1000.
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Navy Federal has a 17 month add on CD. 2.25%, $50 min $75k max. In for $50.
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Hiway FCU offering a 5 year CD paying 2.71% APY if you invest $25000, and only slightly less than that if you invest less. Here is a link to this offering:
Caveat:
I am not doing these two-handle CD deals personally. Hence I do not have and am unable to offer details which might, or might not, be critical and determinative. This is, unfortunately, a high five year rate today. But you will need to do your own homework in order to gather critical details.
Thanks for posting it.
These days, it may be only me but it’s hard to get very excited about below 3% APY long term CDs for those of us who have addons at higher rates and shorter terms.
Maybe I’ll regret it in 5 years when that’s all there is but I’m hopeful rates will have recovered somewhat by then.
I’m with you 100%, Shandril . . . feel exactly the same way.
Held off long as I could posting lower deals, but there are scant few three handle deals available now nationally. I realize some people do not have add-on opportunities so now view posting of these poorer deals as only remaining alternative. 
Transportation FCU is featuring a decent (in today’s world) five year CD paying 2.78% APY. You need at least $1000 to get into this deal.
Link to Transportation FCU rate page
I am a member of this CU and they have treated me very well. However, I am not signing up for this deal because of the low rate compared with my add-on opportunities.
Note:
For you high rollers out there TFCU is offering 2.98% APY on a five year jumbo. However, you need $100,000 to play.
ETA
Anyone may join TFCU by first becoming a member of the American Consumer Council.
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I just got a CD payoff check today in the mail & could go for this deal. I had planned to stash the dough in our Grow MM 2.75%. Not sure when Grow might lower that rate.
My home town F&M Bank said that they had to put a 7-day hold on that check. Made me a little angry but they said an out of state check hold was necessary. They did say I could have $7000 today but, I will have to wait on the rest of the funds.
Usually I always go for movement of funds to savings or checking acct, then easily ACH. This was a CD through Home Loan Investment Bank. Good rate but to open the CD, I had to mail them a personal check & no ACH available.
So will consider TFCU when my money is available.
This is a classic situation where a wire would have been the better approach . . . . provided HLIB allows wiring of funds . . . . even if the wire were expensive. A seven day hold on such a large amount of money is absolutely KILLER!!
I believe TFCU might still be offering their deal in a week. But that is far from a certainty. Surely would join ASAP, in any event, if you are not already a member. And then WIRE them the funds at the earliest possible opportunity. On a $100,000 or more CD transaction, the cost of a wire pales into insignificance. And time is surely of the essence.
Death knell
Guys, be warned. Ken is now featuring that TFCU deal front and center on his blog, following mention here only scant few hours earlier.
The APY on the TFCU jumbo is sufficiently high to attract a WHOLE LOT of attention in today’s desperate, woeful CD marketplace.
Act now if you want that CD. Anyone who hesitates could easily be lost.
And give your thanks to Ken for more than likely destroying yet another great CD deal.
Finally, I stated above I thought the TFCU deal would still be around one week from now. I herewith, officially, retract that prediction, which was offered prior to Ken’s having posted the deal.
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It would seem to be irrelevant. i got a whopping $0.10.
The Long Wait for those slow returning 1090’s. 
I made my own copies for Income Tax prep yesterday. Almost ready to turn it all into the accountant. 
Saw this mentioned on the deposit accounts CD rates summary that Ken’s working on a post about the deal. Fort Bragg FCU is now an easy membership credit union through the Association of the United States Army Braxton Bragg chapter. They have 5 year CDs at 2.85% (5k min) or 2.95% (25k min) with a bump-up feature. The disclosures say that unless otherwise stated all CDs have a 3 month penalty, but early withdrawals are only if allowed by the credit union.
I’ve done no more research, this deal doesn’t fit my needs. Thought it might be worthwhile to some. Rates are here: Savings Rates
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The below piece is from the Wall Street Journal:
By Sam Goldfarb
Updated Feb. 13, 2020 4:55 pm ET
The U.S. Treasury Department sold 30-year bonds at a record low yield on Thursday, highlighting investors’ demand for longer-term debt and its benefits to the government.
The Treasury sold $19 billion of 30-year bonds on Thursday afternoon at a 2.061% yield. That beat the previous record of 2.170% set last October, according to data from BMO Capital Markets.
The auction came as Treasury yields generally moved lower after Chinese officials changed the way they counted coronavirus infections, leading to a big jump in the number of confirmed cases in the country’s Hubei province. The yield on the benchmark 10-year U.S. Treasury note settled at 1.616%, compared with 1.629% Wednesday.
Yields fall when bond prices rise.
Fear that the coronavirus will slow global growth has helped push down Treasury yields in recent weeks. Other factors include persistently soft inflation, which has limited one of the main threats to the value of longer-term Treasurys, analysts said.
Investors have also grown more comfortable buying 30-year bonds because they view them as insurance against losses in riskier assets, said Jon Hill, a U.S. interest-rates strategist at BMO. Prices of 30-year bonds increase more for every one-percentage point decline in yields than those of shorter-term bonds. That means on days like Thursday, when investors are selling stocks and buying bonds, the holders of 30-year bonds are well-hedged, Mr. Hill said.
Thursday’s level doesn’t represent the lowest point that the 30-year bond yield has ever reached. Last August, it settled as low as 1.941%, but yields rose again before the next 30-year auction in September.
In recent years, low Treasury yields have, at times, caused U.S. officials to flirt with issuing bonds with maturities beyond 30 years to lock in low interest rates for a longer period.
Treasury Secretary Steven Mnuchin said last September that the Treasury Department was “very seriously considering” issuing a 50-year bond. The department, however, dropped that idea due to a lack of interest from bond dealers. Instead, it recently announced plans to issue 20-year bonds, which haven’t been issued regularly since the 1980s.
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The funds (in a check) I received from the payoff of a CD, had a 7 day hold. Yesterday I went into my home bank & spoke to a supervisor about the clearance of that check. She put up all kinds of static, but finally agreed to call the bank & yes it had cleared several days ago. So reluctantly she is opening my full amount of money today.
I noticed that SECU has a 6-mo MM rate 2.05%. Many years ago I had a SECU account but no longer have any paperwork. I called & sure enough they found my SS but would not give me an account #. They will e-mail that account #.
Any better ideas for my Jumbo cash?
I am putting most of my cash into Marcus’s 11-month No Penalty CD. APY 2.0%.
Pattyb53 and scanchain
Am uncertain as to why you guys are wanting to stash money into liquid accounts. I would be interested to learn your rationale.
In any event, right or wrong that is certainly opposite of what I’m doing. Just had another tranche of dough this morning go into my PSECU CD, with more such activity to come as time passes. Thanks to scanchain, and I guess to myself a little bit, too, that wacky PSECU “add-on feature” has really saved my bacon big time . . . provided you like a 3.25% APY. Turns out I do.
Just checked and against all odds, and contrary to what I anticipated, those TFCU deals I posted up thread remain available in the high twos for most people and virtually at 3.00% if you have enough for the jumbo. In the absence of add-on possibilities, that is where I myself would be investing money today . . . not in a liquid account.
I generally stash money into a liquid account when I anticipate interest rates will be rising. I do not anticipate that right now. But as always, I could be so completely full of prunes. Perhaps interest rates will rise soon. You never know.
Uh, as just mentioned, the TFCU deal at 2.98% APY. Is there something about that deal you dislike?
OK, sure, it’s not 3%. But it is pretty darn close.
Thanks shinobi…
I do still have a good add-on 3% matures 10/20. So I probably will go for that one. Along with this I’ll also add a little to our Grow 2.75%. Not sure if it will last much longer. 