Dedicated to Deposits: Deals, Data, and Discussion

5.60% 13-Month / 5.50% 7-Month CD at a Texas Bank (Equity)

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Equity Bank is listing a 5.60% APY 13-Month CD and a 5.50% APY 7-month CD. The minimum opening deposit is $1,000. According to the website, you can open an account by phone.

My last report on this bank was in April when they were advertising the 5.50% 7-month CD. They've improved their website, and they now include a rate table. It appears that the CDs are also available in an IRA.

The bank is located in Dallas, Texas. Their phone number is 214-237-3170. It's FDIC insured (FDIC Certificate # 23498).
  Tags: CD rates, IRA rates, Texas

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