6.27% 60-Month / 6.17% 36-Month CD at a Florida Bank (Coastal Community Bank).

Aug 25, 2006 - 7:47 AM by Ken Tumin

Coastal Community Bank has several high yield long term certificates of deposits. These include a 6.27% APY 60-month CD, a 6.17% APY 36-month CD, a 5.90% APY 12-month CD and a 5.64% APY 12-month CD. The minimum deposit is $1K.

Branches are located in Panama City, Apalachicola and other cities in the Florida Panhandle. It appears you have to visit the branch to open an account.

The bank has been FDIC insured since 1934. Its financial rating by Bankrate.com is 4 out of 5 stars (sound).

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Banking Guy

Banking Guy (anonymous) - #1, Friday, August 25, 2006 - 7:48 AM

I'm afraid these 6% CD's didn't last long.

The new rates as of 8/25/06 for the 3 yr, 4 yr and 5 year CDs are 5.90% APY.


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