5.60% 6-Month / 5.60% 12-Month CD at a Missouri Bank (St. Louis Bank)

St. Louis Bank is offering a special certificate of deposit with an APY of 5.60% 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 bank's rate table currently shows this special with a yield of 5.55% APY. However, the 5.60% was advertised in today's St Louis newspaper. The ad is available online here.

St. Louis Bank has been having these types of CD specials quite often. The yield of this current one is down by 0.05% from what they were offering in April. Note, 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 (FDIC Certificate # 58018).

Tags: St. Louis Bank, CD rates, Missouri