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Exclusive
2008 CD study: Online versus in-branch yields
STATISTIC:
Of the 10 banks surveyed, three had the same yield for
the four financial products surveyed for online versus in-branch.
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CD study results
2008 CD study results: Bank of America
By
Bankrate.com
2008 CD study results
Bank of America
Market of branch
Los Angeles
Branch offering
Product
Min $ to open
APY
Savings account
$25
0.20
MMA
$1,000
0.25
6-mo CD
$1,000
2.00
1-yr CD
$1,000
2.00
Online offering
Product
Min $ to open
APY
Savings account
$25
0.20
MMA
$1,000
0.25
6-mo CD
$1,000
2.00
1-yr CD
$1,000
2.00
Notes
N/A
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-- Posted: Feb. 11, 2008
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