Dedicated to Deposits: Deals, Data, and Discussion

5.64% 6-Month CD at a Virginia Bank (Sonabank)

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Sonabank is having a grand opening special for its new Warrenton Virgina branch. They're offering a 5.64% APY 6-month certificate of deposit. There are no minimum deposit or checking account requirements. This special is only available at the Warrenton branch and is available through 6/30/07. It's not listed at the website. A reader mentioned seeing a newspaper ad, and I called yesterday for further details.

The Warrenton branch is located about 40 miles west of Alexandria, Virginia. Sonabank was just established in 2005. It is FDIC insured (FDIC Certificate # 57968).

Thanks to the reader who emailed me the info on this CD promotion.
  Tags: Virginia, CD rates, SONABANK

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