North Cascades National Bank has some competitive CD rates. These include a 4.65% APY 60-month CD with a $10,000 minimum deposit. The Jumbo CD with a $100K minimum has a yield of 4.70% APY. The 12, 24 and 36-month CD rates are also competitive. Below is the list of these rates:
Certificate of Deposit Yields as of the morning of 2/26/08:
Term APY $10K Min APY $100K Min
12mo 4.13% 4.23%
24mo 4.13% 4.18%
36mo 4.39% 4.44%
60mo 4.65% 4.70%
According to the CSR,
Update 2/26/08: The policy did in fact change. I was just informed that they no longer are allowed to open accounts for new customers over the phone or by mail.
Branches are located in several Washington State cities. The bank has been FDIC insured since 1986 (Certificate # 26846). It has a 4 out of 5 star rating (sound) at Bankrate based on 9/30/07 data.