5.90% 6-Month / 6.17% 12-Month CD at a South Florida Bank.

Jul 22, 2006 - 3:36 PM by Ken Tumin

Peninsula Bank is advertising some high rate deposit specials in the "Your Business" section of the Sun Sentinel. These include a 5.90% APY 6-month CD and a 6.17% APY 12-month and 20-month CD. The certificates have a minimum of $10K. Also advertised is a 5.25% APY for the bank's Guaranteed Savings Account. This has a minimum of $1K that must be maintained throughout the term of the account. An extra 0.25% is offered when you open a personal checking account with a $1K deposit. There's also a free gift for opening the checking account. This offer is good until July 21st.

Peninsula Bank has branches in several South Florida cities including Sarasota, Englewood, Port Charlotte, Punta Gorda, Delray Beach, Margate, North Miami Beach, West Palm Beach, Boynton Beach and Boca Raton.

Peninsula Bank is FDIC insured. The bank has a 4 out of 5 star financial strength rating at Bankrate.com (sound).

Thanks to the reader who emailed me this deal.

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In order of date posted. - Sort by votes

Anonymous - #1, Friday, July 21, 2006 - 4:31 AM

Anyone know if they accept out of state deposits? I've had no luck getting their customer service department to return phone calls and emails...

Anonymous - #2, Friday, July 21, 2006 - 11:54 AM

Called Peninsul Banks Sarasota branch on Mon 7/17/06 and was told they had cancelled the 6.17 % CD offer, as of Fri 7/15, at their discretion. They could have cared less that it was stated to be available untill July 21, 06.

5.90% 6-Month / 6.17% 12-Month CD at a South Florida Bank.

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