5.60% 9-Month CD at Some Countrywide Branches

Countrywide Bank is advertising a 5.60% APY 9-month certificate of deposits in some markets in the US. A 5.40% APY 9-month CD is available to all from Countrywide's website. I found the 5.60% APY 9-month CD being advertised in San Francisco and Dallas. You can see what rates are available in your area by inserting your zip code in the CD rates page. I haven't found any rates higher than 5.60%. In Florida and New York, the rate is 5.55% APY. In Illinois and New Jersey, it's 5.50% APY.

Back in July Countrywide had a similar promotion with rates as high as 5.75%.

Countrywide's CDs have a $10K minimum. It has been reported that Countrywide does a hard credit inquiry for every account that you open.

Countrywide Bank has been FDIC insured since 1990. It has a safe and sound rating of 3 out of 5 stars (performing) at Bankrate.com.