5.65% 6-Month / 5.65% 12-Month CD at a Missouri Bank (St. Louis Bank)

St. Louis Bank is offering a special certificate of deposit with an APY of 5.65% on terms between 6 and 12 months. The minimum is $10,000, and the funds must not already be on deposit at the bank. The special CD is listed at the bank's rates page. It was also advertised in today's St Louis newspaper. There's also a special 5.25% APY 3-month CD.

This is 15-basis-point improvement to the CD special they were offering last month. A reader had a bad experience last year when a phone rep failed to mention that a previous CD special had been discontinued. So before you drive there, be sure to have the phone rep confirm the special is still available.

St. Louis Bank's main location is in Town and Country, Missouri.

The bank is FDIC insured. It's a new bank that was established on June 6, 2005.

Tags: St. Louis Bank, CD rates, Missouri