Premier Bank is offering a special certificate of deposit with rates from 5.51% to 5.55% APY with a term of 12 months. The minimum deposit is $2,500. These rates require the PALS program which is for people age 50 who have a checking account and maintain a combined balance of $5K. Without this program, the rate is about 0.25% less.
The 5.55% APY is available in the Grapevine Texas branch. The 5.51% APY is available at the Missouri branches which includes St. Louis/St. Charles, Jefferson City, Columbia and the Lake of the Ozarks.
Premier Bank has been FDIC insured since 1995.