5.88% 60-Month CD at a Utah Bank (State Bank)
Aug 29, 2006 - 8:15 AM by Ken Tumin
State Bank of Southern Utah has several high rates on long term certificates of deposit. These include a 5.88% APY 60-month CD, a 5.74% APY 48-month CD and a 5.61% APY 36-month CD. The minimum deposit for all CDs is $500. There is a 180 day interest penalty for early withdrawals.
The bank does not accept out-of-state deposits. Branches are located in several Utah cities including Cedar City, Circleville, Kanab, Orderville, Parowan, Richfield, Santa Clara, St. George and Tropic.
The bank has been FDIC insured since 1959. The bank has the best rating available at Bankrate.com of 5 out of 5 stars (superior).
One little thing that impressed me about this bank was the details it provided on the rates page. I wish more banks would follow this bank's example and list things like early withdrawal penalties and whether they accept out-of-state deposits.
The bank does not accept out-of-state deposits. Branches are located in several Utah cities including Cedar City, Circleville, Kanab, Orderville, Parowan, Richfield, Santa Clara, St. George and Tropic.
The bank has been FDIC insured since 1959. The bank has the best rating available at Bankrate.com of 5 out of 5 stars (superior).
One little thing that impressed me about this bank was the details it provided on the rates page. I wish more banks would follow this bank's example and list things like early withdrawal penalties and whether they accept out-of-state deposits.
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