Quote:
Originally Posted by Rain Man
Here's something I find kind of humorous. I saw that 5-year CDs were being offered up to 5.4 percent, so I looked at them. The top offerer is the "Bank of Bird-in-Hand".
Does that sound scammy or what? So I looked up this bank, and it turns out that it's a small bank that's located in the town of Bird-In-Hand, Pennsylvania. It caters mostly to Amish people, and in fact their drive-through window is designed to accommodate horses and buggies.
I might have to put a little money into this Amish bank's 5.4 percent rate.
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I just bought some 5.3 percent CDs at Bird-In-Hand. (I missed the 5.4, dang it.) If you can't trust the Amish, who can you trust?