5.50% 12-Month CD at a Florida Bank (Bay Cities)

Bay Cities Bank is offering a 5.50% APY 12-month certificate of deposit. The minimum deposit is $1,000. See rate table.

My last report on this bank was in April when they were offering 5.50% on CDs with terms of 24 month and longer. The rates on those terms are now only 5% APY and 5.25% APY for the 60-month CD.

Branches are located in Tampa, St. Petersburg and in Lutz, FL. The Bank has been FDIC insured since 1999 (FDIC Certificate # 35066).

Tags: CD rates, Bay Cities Bank, Florida