6.17% 36-Month CD at a Maryland Bank - $100K Min (CommerceFirst)

CommerceFirst Bank is offering a special 6.17% APY 3-year jumbo certificate of deposit. The minimum is $100K. This CD is not listed at the bank's website. A reader had mentioned seeing this advertised. I called the bank for further details. I was told that this CD special is being offered at all of the bank's branches. The CSR didn't know how long it would last. They may be able to open the CD by mail. The CSR who had more knowledge of this wasn't available. The CD isn't available in an IRA. The early withdrawal penalty is 3 months of interest.

Branches are located in Annapolis, Lanham, Glen Burnie and Columbia, Maryland. Their contact page gives the number 301-459-4512. However, the CSR who answered wasn't aware of this special and gave me the number to the Annapolis branch: 410-280-6695.

The bank has been FDIC insured since 2000. It has a safe and sound rating of 4 out of 5 stars (sound) at Bankrate.com.

Thanks to the reader who mentioned this special in the finding deals post.