5.65% 3-Month / 5.65% 6-Month CD at a WA State Bank - Available Nationally (UniBank).

Update 9/4/07: Rates have recently gone down: 5.45% APY 3-month, 5.35% APY 6-month and 12-month. Please check bank's website for latest rates.

UniBank is offering a yield of 5.65% APY for certificate of deposit terms of 3 and 6 months. The 12-month CD has a yield of 5.50% APY. The minimum deposit is $1,000. For more info, please refer to the bank's rate table (pdf).

I contacted the bank yesterday and was told that they do accept out-of-state deposits and applications by mail for personal CDs. They require copies of 2 forms of ID. The CD may be funded by check or wire transfer. The incoming wire transfer fee is $10, and the outgoing domestic wire transfer fee is $20.

Note, small banks often change the policy on out-of-state deposits. If you find that they have stopped accepting out-of-state deposits, please leave a comment.

UniBank is a small bank located in Lynnwood, Washington. It was just established in November of 2006. It is FDIC insured (FDIC Certificate # 58407).

Credit to the FW CD thread for finding this bank.

Tags: UniBank, Washington, CD rates