Compass Bank CD Rates

For those of you that have not heard, Compass Bank became BBVA Compass Bank on April 27, 2009. The BBVA Compass Bank CD rates did not vary and were held at their steady best bank rates as they were previously.

The people at BBVA Compass Bank advertise their CD’s as a sure thing. They offer maturity dates from 7 days to 15 years with flexible interest payments payable by check or transfer monthly, quarterly, semi annually or annually and upon maturity.

The maturity terms offered at every BBVA Compass bank are from 1 month to 60 month. The minimum deposit is $5000 of each of these CD’s. The 1 month CD has an APY of 0.25%. The 3 months CD has an APY of 0.40% and the 6 months and 9 months CD’s have a APY of 1.15%. The 12 months CD is at 1.45% APY while the 18 months CD is currently at 1.30% APY. The 24 months CD is a great 2.50% APY but has certain restrictions and limitations. Consultation with a bank representative is necessary before this CD can be purchased. The 30 months CD has an APY of 1.30% while the 36 months CD is at 1.85% APY. The 48 months CD is at 2.30% APY. The highest APY is from the CD with the longest maturity term of 60 months with an APY of 2.65%.

All of the deposits are guaranteed by the FDIC. For each banking region, there are different promotions. For the Dallas area there is a 7 month CD with a 1.25 APY for an example. To get the current best bank rates for your area please contact your local branch office of BBVA Compass Bank.

The above BBVA Compass Bank CD rates were posted 8/21/09.

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