Nara Bank

  Old New Terms: 3 yrs at 3.56% 3 yrs at 2% Limits: Unlimited amounts, unlimited number of accounts per customer $50,000 per household Penalties: $50 fee for closing account before 180 days, no penalty afterwards $50 fee

Nara Bank continues to have some very good installment savings account rates. From the rate sheet at the Garden Grove branch, on 07/12/2010: 12m - 2.50%, 18m - 2.75%, 24m - 3.00%, 30m - 3.25%, 36m - 3.50% Maximum per account is 100K, no limit to the

Nara Bank continues to offer a good deal on its Mega Promo CD. The rate has fallen since I posted on this CD in March, but it remains very competitive. The CD continues to be advertised on the bank's home page with a link to the promo page (pdf)....

Update 4/15/09: The 3.10% APY appears to be over. The Mega Promo CD page no longer lists the rate. It has been reported that the rate is now 2.85% APY.Even though Nara Bank ended the good online deals last week, they're still offering some very...