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Banks vs. Money Funds



         BANK/THRIFT YIELDS
   
    Highest yields for money market deposit accounts and certificates of deposit reported to RateGram by federally insured banks and thrifts as of Nov. 10, based on interest rates and method of compounding for an opening deposit of $25,000 or less. Figures in parentheses are annual percentage yields offered by banks and thrifts to depositors nationwide.
   
    MMDA Annual Percentage Yield
   
    (Nat'l Avg. 0.34 percent)
   
    1 Sterling National Bank, New York, NY (516) 682-8410 1.80
   
    2 PNC Bank, Harrisburg Area, PA (18) 8PNC-BANK 1.75
   
    3 PNC Bank, Philadelphia, NJ (18) 8PNC-BANK 1.75
   
    4 PNC Bank, Philadelphia, PA (888) PNC-BANK 1.75
   
    5 PNC Bank, Pittsburgh, PA (18) 8PNC-BANK 1.75
   
    6-Month CD Annual Percentage Yield
   
    (Nat'l Avg. 0.52 percent)
   
    1 Sterling Savings Bank, Missoula, MT (406) 542-1500 1.90
   
    2 First Federal Bank of California, Santa Monica (800) 637-5540 1.80
   
    3 Metropolitan National Bank, Little Rock, AR (501) 377-7640 1.80
   
    4 Hardin County Bank, Memphis, TN (901) 925-9001 1.76
   
    5 Citizens National Bank, Knoxville, TN (423) 745-0261 1.72
   
    1-Year CD Annual Percentage Yield
   
    (Nat'l Avg. 0.77 percent)
   
    1 First Federal Bank of California, Santa Monica (800) 637-5540 2.07
   
    2 Metropolitan National Bank, Little Rock, AR (501) 377-7640 2.03
   
    3 Bank of Internet USA, San Diego, CA (877) 541-BOFI 2.02
   
    4 Citizens National Bank, Knoxville, TN (423) 745-0261 2.02
   
    5 Community Bank of Bergen County, Maywood, NJ (201) 587-1221 2.02
   
    2.5-Year CD Annual Percentage Yield
   
    (Nat'l Avg. 1.18 percent)
   
    1 Asheville Savings Bank, Asheville, NC (800) 222-3230 3.00
   
    2 American Community Bank, Glen Cove, NY (516) 609-2900 2.50
   
    3 Astoria Federal Savings, Lake Success, NY (800) AST-ORIA 2.50
   
    4 Brooklyn Fed Sav Bank, New York City, NY (718) 855-8500 2.50
   
    5 Washington Federal, Boise, ID (206) 624-7930 2.50
   
    5-Year CD Annual Percentage Yield
   
    (Nat'l Avg. 2.03 percent)
   
    1 Citizens National Bank, Knoxville, TN (423) 745-0261 3.55
   
    2 Hudson City Savings Bank, Paramus, NJ (631) 727-8770 3.50
   
    3 New Mexico Bank & Trust, Albuquerque (505) 830-8100 3.50
   
    4 Banco Popular, New York, NY (212) 767-8527 3.40
   
    5 NVE Savings Bank, Englewood, NJ (201) 816-2800 3.40
   
    Jumbo CDs Annual Percentage Yield
   
    30 Days ($80,000 or more)
   
    1 Asheville Savings Bank, Asheville, NC (800) 222-3230 1.50
   
    2 La Jolla Bank, La Jolla, CA (800) 333-1909 1.40
   
    3 Legacy Bank of Texas, Plano, TX (972) 461-1362 1.35
   
    90 Days ($80,000 or more)
   
    1 Metropolitan National Bank, Little Rock, AR (501) 377-7640 1.51
   
    2 Asheville Savings Bank, Asheville, NC (800) 222-3230 1.50
   
    3 Eastbank, New York City, NY (212) 219-9000 1.50
   
    180 Days ($80,000 or more)
   
    1 Metropolitan National Bank, Little Rock, AR (501) 377-7640 2.26
   
    2 Citizens National Bank, Knoxville, TN (423) 745-0261 1.80
   
    3 Eastbank, New York City, NY (212) 219-9000 1.75
   
    MONEY FUND YIELDS
   
    (Highest 7-day Compound Yields for period ended Nov. 10, 2009)
   
    Highest compounded (effective) rate of return to shareholders reported to Money Fund Report(r) for the past seven days.
   
    GOVERNMENT RETAIL MONEY FUNDS
   
    (Gov't Avg. 0.02 percent)
   
    1 Payden Cash Reserves MMF (k) (800) 572-9336 0.10
   
    2 Accessor US Govt MMF/Cl A (k) (800) 759-3504 0.09
   
    2 Accessor US Govt MMF/Cl C (k) (800) 759-3504 0.09
   
    2 Accessor US Govt MMF/Inst Class (k) (800) 759-3504 0.09
   
    2 Accessor US Govt MMF/Investor (k) (800) 759-3504 0.09
   
    2 Dreyfus MM Instr/Govt Secs (k) (800) 782-6620 0.09
   
    2 Gabelli US Treasury MMF/Cl F (k) (800) 422-3554 0.09
   
    8 Vanguard Federal MMF (800) 662-7447 0.08
   
    9 Alger Money Market Portfolio (k) (800) 992-3863 0.07
   
    9 HighMark US Govt MMF/Cl A (k) (800) 433-6884 0.07
   
    9 HighMark US Govt MMF/Cl B (k) (800) 433-6884 0.07
   
    PRIME RETAIL MONEY FUNDS
   
    (Prime Avg. 0.03 percent)
   
    1 Flex-funds Money Market/Retail (k) (800) 325-3539 0.35
   
    1 W&R Advisors Cash Mgmt MMF/Cl A (888) 923-3355 0.35
   
    3 Ivy Money Market Fund/Cl A (k) (888) 923-3355 0.31
   
    4 Liquid Assets Fund/I Shares (k) (800) 438-6375 0.29
   
    5 Fidelity Select Money Market (800) 544-6666 0.20
   
    5 Ivy Money Market Fund/Cl C (k) (888) 923-3355 0.20
   
    7 Dreyfus MM Instr/MM Series (k) (h) (800) 782-6620 0.15
   
    7 USAA Money Market Fund (800) 531-8448 0.15
   
    9 Fidelity Cash Reserves (800) 544-6666 0.14
   
    9 Liquid Assets Fund/T Shares (k) (800) 438-6375 0.14
   
    TAX-FREE NATIONAL RETAIL MONEY FUNDS
   
    (Nat'l Avg. 0.03 percent)
   
    1 Marshall Tax Free MMF/Class Y (k) (800) 236-3863 0.33
   
    2 Alpine Municipal MMF/Investor (888) 785-5578 0.22
   
    3 Amer Century T-F MMF/Inv Class (k) (800) 345-2021 0.18
   
    4 CAT: T-E Port/DWS T-E Money Fund (800) 730-1313 0.14
   
    5 USAA Tax Exempt MMF (800) 531-8448 0.13
   
    6 Vanguard Tax-Exempt MMF (800) 662-7447 0.12
   
    7 Allegiant Tax-Exempt Fund/Cl A (k) (800) 622-3863 0.09
   
    8 AIM Tax-Exempt Cash Fund/Cl A (k) (800) 659-1005 0.05
   
    8 AIM Tax-Exempt Cash Fund/Cl Y (k) (800) 659-1005 0.05
   
    8 AIM Tax-Exempt Cash Fund/Inv (k) (800) 659-1005 0.05
   
    8 Daily Income Fund-Muni/Advantage (k) (800) 221-3079 0.05
   
    8 Dreyfus Municipal MMF (k) (800) 782-6620 0.05
   
    8 PNC Tax-Exempt MMF/Class A (k) (800) 551-2145 0.05
   
    8 Putnam Tax-Exempt MMF (k) (800) 752-2693 0.05
   
    (k) - all or a portion of fund's expenses are currently being waived or reimbursed.
   
    (h) - fund requires a minimum initial investment of $50,000 or more.
   
    Past returns are not necessarily indicative of future money fund yields. Investment quality and maturity may vary among funds.
   
    BANK/THRIFT YIELDS SOURCE: Informa Research Services, Inc., Calabasas, CA, 91302, www.InformaRS.com.
   
    MONEY FUND YIELDS SOURCE: iMoneyNet, Inc., an Informa Financial company, Westborough, MA 01581, www.imoneynet.com.
   
    ©2009 Tribune Media Services , Inc.
   

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