Free Camera at Provident Bank

Until July 9th, Provident Bank is offering a free Kodak digital camera when you open a checking account with direct deposit and an active debit card. More information about the deal is available here.

Richmond CD Rates and Money Market Rates for April 25, 2007

Every other Wednesday, Richmond Bank Deals gives a rundown of the highest CD rates and money market rates for all national or local banks that have a branch in the Richmond, Virginia area (including Henrico, Chesterfield and some of Hanover). Minimums will only be mentioned if they exceed $1000. The list of highest money market rates also includes local credit unions.

The biggest change this week is that both Bank of Richmond and River City Bank have dropped many of their CD rates slightly.

3 to 8 Month CDs:

• Resource Bank (6 months, 5.40% APY)
  
• River City Bank (6 months, 5.28% APY)
  
• Central Virginia Bank (6 months, 5.22% APY)
  
• Virginia Commerce Bank (5 months, 5.20% APY; 5.30% APY w/ checking account)
  
• Virginia Community Bank (5 months, 5.15% APY, $5,000 min.)
  

9 to 11 Month CDs:

• SunTrust Bank (11 months, 5.20% APY, $2,000 min.)
  
• Virginia Commerce Bank (9 months, 5.20% APY; 5.30% APY w/ checking account)
  
• Central Virginia Bank (11 months, 5.17% APY)
  
• Central Virginia Bank (9 months, 5.12% APY)
  
• Bank of Essex (9 months, 5.09% APY)
  

12 to 17 Month CDs:

• Bank of Powhatan (12 months, 5.27% APY)
  
• River City Bank (12 months, 5.23% APY &mdash 5.34% APY for IRA CDs)
  
• Central Virginia Bank (12 months, 5.18% APY)
  
• Bank of Richmond (12 months, 5.10% APY)
  
• Bank of Essex (13 months, 5.10% APY)
  

18 to 23 Month CDs:

• Bank of Richmond (18 months, 5.20% APY)
  
• Central Virginia Bank (18/22 months, 5.20% APY)
  
• First Market Bank (19 months, 5.20% APY)
  
• River City Bank (18 months, 5.18% APY)
  

24 to 35 Month CDs:

• Bank of Richmond (24 months, 5.30% APY)
  
• Central Virginia Bank (24/30/33 months, 5.27% APY)
  
• First Federal Savings of Virginia (24 months, 5.14% APY)
  
• River City Bank (24 months, 5.13% APY &mdash 5.23% APY for IRA CDs)

36 to 47 Month CDs:

• Bank of Richmond (36 months, 5.40% APY)
  
• Central Virginia Bank (36/42 months, 5.28% APY)
  
• Bank of Powhatan (36 months, 5.28% APY)
  
• First Federal Savings of Virginia (36 months, 5.19% APY)
  

48 to 59 Month CDs:

• Bank of Richmond (48 months, 5.45% APY)
  
• Central Virginia Bank (48 months, 5.33% APY)
  
• First Federal Savings of Virginia (48 months, 5.25% APY)
  

60 Month CDs or Longer:

• Bank of Richmond (60 months, 5.45% APY)
  
• Central Virginia Bank (60 months, 5.39% APY)
  
• First Federal Savings of Virginia (60 months, 5.30% APY)
  
• Bank of Powhatan (60 months, 5.34% APY)
  

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Money Markets/Savings — $10,000+:

• River City Bank (5.13% APY)
• Dominion Credit Union (4.20% APY, $20,000 min., eligibility)
• Resource Bank (3.80% APY)

Money Markets/Savings — $25,000+:

• River City Bank (5.13% APY)
• Resource Bank (4.50% APY)
  
• Virginia Credit Union (4.25% APY, eligibility)
• Dominion Credit Union (4.20% APY, eligibility)
• Virginia Commerce Bank (4.00% APY)
  

Money Markets/Savings — $50,000+:

• River City Bank (5.13% APY)
• Resource Bank (4.81% APY)
  
• Virginia Credit Union (4.35% APY, eligibility)

Money Markets/Savings — $100,000+:

• River City Bank (5.13% APY)
• Resource Bank (5.01% APY)
  
• Virginia Commerce Bank (4.50% APY)
• Virginia Credit Union (4.50% APY, eligibility)

Citibank Still Offering 0% Balance Transfers for Life

There are currently two Citibank Diamond Preferred Credit Cards that are offering 0% balance transfers where the 0% never expires -- the BT stays at 0% forever. There are catches with each of the cards, however. Offer code F1K6 requires you to have a $50 purchase every month after to extend the 0% until the card is paid in full, and offer code F1K7 requires you to have two purchases every month after to extend 0% until the card is paid in full. Still, both these offers may be worth it for certain consumers. Both offers can be applied for here -- just enter in offer code F1K6 or F1K7.

Free iPod at Bank Midwest Continues

As mentioned last month, Bank Midwest is offering a free iPod Shuffle to anyone who opens a new free checking account with a Visa debit card. You do need to fund this account with $2000 or more to start, and it requires having direct deposit from your employer. Surprisingly, they say that you'll receive the iPod Shuffle only one or two weeks after opening the account, which is an incredibly short time period for this type of promotion. For more information on this iPod promotion, click here.

5% Capital One Checking Account -- Texas only

Since Capital One is such a large local presence, I wanted to mention this even though it's not pertinent in the Richmond area: Capital One's "High Interest! Free Checking" is offering a 5.00% APY on their checking accounts in Texas. This 5.00% APY is guaranteed for 12 months after opening the checking account. They will also automatically reimburse any fee assessed at any ATM within 5 business days. It only requires a $50 minimum deposit, and unlike some other checking account deals, it does not require direct deposit. It's enough to make you wish that Capital One had a banking presence in Virginia, but still, let your friends in Texas know about this deal.

(Thanks to loyal reader Kim.)

7.00% CD at Airline Credit Union ending soon

A reminder for those who work at RIC or other nearby airports: American Airlines Credit Union is offering a 7.00% APY 12-month CD through the end of April. This credit union is open to airline employees, as well as those who work in support roles in airports (baggage handling, aircraft maintenance, FHA, TSA). A checking account with direct deposit at AACU is required, and the maximum you can put in the CD is $7000. For more information about this deal, click here.

$100 Checking Account Bonus Continues at Bank of America

Bank of America still has a $100 checking account bonus for customers who also have a Bank of America credit card. It's for the BoA MyAccess checking account, and you need to use offer code CH100CTA to get your $100 bonus. For more information or to sign up for the account, click here.

Richmond CD Rates and Money Market Rates for April 11, 2007

Every other Wednesday, Richmond Bank Deals gives a rundown of the highest CD rates and money market rates for all national or local banks that have a branch in the Richmond, Virginia area (including Henrico, Chesterfield and some of Hanover). Minimums will only be mentioned if they exceed $1000. The list of highest money market rates also includes local credit unions.

The biggest change this week is that River City Bank has dropped its short-term CDs by almost .30% — for example, from 5.55% to 5.28% for its 6-month CDs.

3 to 8 Month CDs:

• Resource Bank (6 months, 5.40% APY)
  
• River City Bank (6 months, 5.28% APY)
  
• Central Virginia Bank (6 months, 5.22% APY)
  
• Virginia Commerce Bank (5 months, 5.20% APY; 5.30% APY w/ checking account)
  
• Virginia Community Bank (5 months, 5.15% APY, $5,000 min.)
  

9 to 11 Month CDs:

• SunTrust Bank (10 months, 5.20% APY, $2,000 min.)
  
• Virginia Commerce Bank (9 months, 5.20% APY; 5.30% APY w/ checking account)
  
• Central Virginia Bank (11 months, 5.17% APY)
  
• Central Virginia Bank (9 months, 5.12% APY)
  
• Bank of Essex (9 months, 5.09% APY)
  

12 to 17 Month CDs:

• River City Bank (12 months, 5.28% APY &mdash 5.39% APY for IRA CDs)
  
• Bank of Powhatan (12 months, 5.27% APY)
  
• Central Virginia Bank (12 months, 5.18% APY)
  
• Bank of Richmond (12 months, 5.15% APY)
  
• Bank of Essex (13 months, 5.10% APY)
  

18 to 23 Month CDs:

• Bank of Richmond (18 months, 5.30% APY)
  
• River City Bank (18 months, 5.23% APY)
  
• Central Virginia Bank (18/22 months, 5.20% APY)
  
• First Market Bank (19 months, 5.20% APY)
  

24 to 35 Month CDs:

• Bank of Richmond (24 months, 5.35% APY)
  
• Central Virginia Bank (24/30/33 months, 5.27% APY)
  
• First Federal Savings of Virginia (24 months, 5.14% APY)
  
• River City Bank (24 months, 5.13% APY &mdash 5.23% APY for IRA CDs)

36 to 47 Month CDs:

• Bank of Richmond (36 months, 5.45% APY)
  
• Central Virginia Bank (36/42 months, 5.28% APY)
  
• Bank of Powhatan (36 months, 5.28% APY)
  
• First Federal Savings of Virginia (36 months, 5.19% APY)
  

48 to 59 Month CDs:

• Bank of Richmond (48 months, 5.45% APY)
  
• Central Virginia Bank (48 months, 5.33% APY)
  
• First Federal Savings of Virginia (48 months, 5.25% APY)
  

60 Month CDs or Longer:

• Bank of Richmond (60 months, 5.50% APY)
  
• Central Virginia Bank (60 months, 5.39% APY)
  
• First Federal Savings of Virginia (60 months, 5.30% APY)
  
• Bank of Powhatan (60 months, 5.34% APY)
  

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Money Markets/Savings — $10,000+:

• River City Bank (5.13% APY)
• Dominion Credit Union (4.20% APY, $20,000 min., eligibility)
• Resource Bank (3.80% APY)

Money Markets/Savings — $25,000+:

• River City Bank (5.13% APY)
• Resource Bank (4.50% APY)
  
• Virginia Credit Union (4.25% APY, eligibility)
• Dominion Credit Union (4.20% APY, eligibility)
• Virginia Commerce Bank (4.00% APY)
  

Money Markets/Savings — $50,000+:

• River City Bank (5.13% APY)
• Resource Bank (4.81% APY)
  
• rel="nofollow"Virginia Credit Union (4.35% APY, eligibility)

Money Markets/Savings — $100,000+:

• River City Bank (5.13% APY)
• Resource Bank (5.01% APY)
  
• Virginia Commerce Bank (4.50% APY)
• Virginia Credit Union (4.50% APY, eligibility)

Free iPod for opening Provident Bank checking account

From an ad in Sunday's Richmond Times-Dispatch: Get a free iPod Shuffle when you open a new Provident Bank checking account with direct deposit and an active debit card. The account needs to be opened by this Sunday (April 15th) and the debit card must have one transaction for the first three months it's opened. For more information, see the ad or contact your local Provident Bank branch.

Delay on this week's bank deals

This week's bank deal synopsis will be posted on Thursday (tomorrow) rather than today. I'm sorry for any inconvenience.

5.61% 14-Month CD at Reymet Community Federal Credit Union

Reymet Community Federal Credit Union, which is open to anyone who lives, works, worships, or attends school in Chesterfield County, is offering a 14-month CD with an APY of 5.61%. The minimum is $2000. Reymet Community FCU has two branches: A standalone near where 288 intersects I-95 in Chester, and a branch inside the Wal-Mart Supercenter near Hull St. Rd. and 288 in Midlothian. For more information, visit one of the branches or call them at (804) 275-1143.