Based on input from our members, we collected rate information from the institutions listed in the following table. DCU rates shown are effective beginning May 5, 2008. Competitors' rates are based on a survey conducted April 30, 2008. APR = Annual Percentage Rate. APY = Annual Percentage Yield.
| Institution |
IRA Certificate APY for 12 to 23 Months |
Money Market Account APY for $1,000 |
Used Auto APR for 48 Months |
| Digital Federal Credit Union (DCU) |
3.54%¹ |
0.98% |
4.95%² |
| Bank of America (Massachusetts) |
2.00% |
2.40% |
8.54% |
| Citizens Bank |
2.50% |
0.75% |
N/A |
| Sovereign Bank |
2.04% |
1.15% |
8.74% |
|