Monday, August 25, 2008

WaMu Offering 5% 12 Month CDs

by Bill McBride on 8/25/2008 03:50:00 PM

From WaMu: a 5% 12 month FDIC insured CD. (hat tip Anthony)

Just saying ... WaMu is paying 5% in an environment when few banks are paying over 4.25% and most banks are under 4% for one year CD.

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