Dedicated to Deposits: Deals, Data, and Discussion

5.30% 9-Month CD at a Florida Bank (First Commercial)

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First Commercial Bank of Florida is offering a 5.30% APY 9-month certificate of deposit. The minimum is $1,000, and the maximum deposit is $99K. A branch visit is required to open the CD if you don't already have accounts at the bank. The offer ends Friday, 11/30/07. This special is not listed at the bank's website. It has been advertised recently, and I just called to verify that it's still available.

The bank is still offering a high yield reward checking account that I first reported on in March. The rate has fallen quite a bit since then. I was told the current yield is 4.86% APY (down from 5.64% APY).

The bank has several branches in the Central Florida including the cities of Orlando, Kissimmee and Lake Mary. The bank is FDIC insured (Certificate # 34965) and has a 4 out of 5 star rating at Bankrate.com (sound) based on 6/30/07 data.

  Tags: CD rates, Florida

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