5.75% 12-Month CD at La Jolla Bank (open to all)
Oct 1, 2006 - 2:49 PM by Ken Tumin
La Jolla Bank is offering a 5.75% APY 12-month certificate of deposit. A 5.50% APY 6-month CD is also available. Both have a minimum of $10k. You can apply for this CD online here. After submission, La Jolla will send you the account opening material by mail. You can fund the CD my mailing a check, wire transfer or by transfering from a La Jolla Bank account. The early withdrawal penalty is 2 months of interest.
Branches are located in Southern California and in Dallas, Texas.
The bank has been FDIC insured since 1985. It has a 4 out of 5 star safe-and-sound rating (sound) from Bankrate.com.
Thanks to the reader Bozo who mentioned this CD in the finding deals post.
Branches are located in Southern California and in Dallas, Texas.
The bank has been FDIC insured since 1985. It has a 4 out of 5 star safe-and-sound rating (sound) from Bankrate.com.
Thanks to the reader Bozo who mentioned this CD in the finding deals post.


Bozo (anonymous) - #1, Friday, December 8, 2006 - 4:45 AM
All good things must come to an end.
La Jolla Bank has now reduced its rates substantially.
The good news is, I have a three year CD at 5.6% (bought back in late August).
It's amazing how these rates jump around.
Yours,
Bozo
Anonymous - #2, Thursday, November 13, 2008 - 8:09 AM
The yield on the 10-month CD has fallen to 4.05%, while that on the 12-month is down to 4.10%.
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