5.05% 5-Month / 5.05% 12-Month CD at a Texas Bank (Bank of the Ozarks).
Apr 17, 2008 - 7:55 AM by Ken Tumin
Bank of the Ozarks is advertising a CD with a yield of 5.05% APY for terms of 5 to 12 months. The minimum deposit $1,000. This CD special doesn't seem to be listed at the bank's website. It was advertised in Thursday's Dallas Morning News. The ad is available online here.
According to the ad the CD is available only to those in the Dallas-Forth Worth metro area. The ad lists the Frisco branches at 5178 Preston Rd. and at 7197 Lebana Rd. (214-618-4210). The bank is FDIC insured (Certificate # 110).
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| Bank of the Ozarks Locations: 113 Health Rating:  |   |
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Anonymous - #1, Tuesday, January 22, 2008 - 5:44 PM
Wondering if all these credit unions and regional banks will be able to maintain their higher CD interest rates. Anyone have any stats or feelings about Landmark's Internet site giantbank?
Banking Guy (anonymous) - #2, Tuesday, January 22, 2008 - 6:58 PM
I think the best we can hope for is that some credit unions and regional banks will be slow (by a week or two) in cutting rates. I see big rate cuts all around eventually.
I dont' have any details about Giant Bank, but their rates have recently declined.
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