Dedicated to Deposits: Deals, Data, and Discussion

5.50% 12-Month / 5.50% 17-Month CD at a Missouri Bank (WestBridge)

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WestBridge Bank and Trust is offering a 5.50% APY certificate of deposit with a term from 12 to 17 months. The minimum deposit is $1,000, and the early withdrawal penalty is 90 days of interest.

My last report on this bank was in October when they were offering a 6% CD. At that time I was told by the banking rep that they do accept out-of-state deposits and will open the CD by mail. For more info on opening the CD by mail, please see my October post.

The bank is located in Chesterfield, Missouri which is in the western suburbs of St. Louis. Westbridge is a new bank that was just established with FDIC insurance in February of 2006.

  Tags: CD rates, Missouri, Westbridge Bank and Trust

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