5.05% 12-Month CD at Mutual Bank
Feb 2, 2006 - 12:22 PM by Ken Tumin
Mutual Bank is offering a 5.05% APY one-year CD. There's a minimum required deposit of $1K.
Mutual Bank had offered a 5.50% APY five-year CD, but it ended that special last month. The bank continues to have some high yields on its Premium Unique Money Market account. The best is 4.75% APY. However, this applies only to balances over $1M. Balances between $5K and $75K earn 4.00% APY.
The bank is located in Chicago, but people in other states can purchase a certificate of deposit through the mail.
Mutual Bank had offered a 5.50% APY five-year CD, but it ended that special last month. The bank continues to have some high yields on its Premium Unique Money Market account. The best is 4.75% APY. However, this applies only to balances over $1M. Balances between $5K and $75K earn 4.00% APY.
The bank is located in Chicago, but people in other states can purchase a certificate of deposit through the mail.
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