Best Bank CD Rates June 2009
We look at Best Bank CD rates not too long ago and thought we should go back and see how they’ve changed. In doing that, we summed up June 2009 CD rates at Best Bank and we here at Online Banks Blog are bringing that to you now.
Several terms are available and for this look, we’ll assume the best CD rates, which require a relationship (checking) with Best Bank. Those under 1 year’s term credit interest at maturity while those over 1 year credit every quarter and then at maturity.
For 6 month terms, the reward is a 1.00% annual percentage yield (APY) with a $1,000 minimum deposit requirement. The 7 month term has a $5,000 minimum deposit required and pays a 1.70% APY–one of the best for this term. This 7 month Best Bank CD rates offer is an auto-renewal, however, that renews for an additional six months.
The one year CD rates at Best Bank are at 1.15% APY with a low $1,000 minimum deposit required. A 13-month special gives the best CD rates at 1.95% APY, though, but has a $5,000 minimum deposit and auto-renews for another 12 months at regular rates.
Two year terms give a 1.65% APY at $1,000 minimum deposit and 3 year terms give 1.85% APY with the same deposit requirement. Five year long-term best CD rates are giving 2.26% APY at $1,000 minimum deposit required.
All Best Bank accounts are FDIC insured. If any of these Best Bank CD rates appeal to you, lock yours in today. For those living in Georgia and Michigan, these local branches can be convenient as well.
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