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Best. Investment. Ever. Or Is It?
Best Bank Account Interest Rates - Summary for Week Ending April 13, 20144.00% 8-Month / 4.00% 16-Month CD at a Southwest Florida Bank (Liberty).
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POSTED ON BY Ken Tumin
Liberty Bank is offering a CD special with a yield of 4.00% APY for terms of either 8 or 16 months. The minimum deposit is $10,000. An additional 10 basis points is awarded if you open a checking account with direct deposit. This special isn't listed at the bank's website. A reader sent me email on this, and I just called the bank for additional details. The CSR didn't know how long it would last.
Branches are located in Bonita Springs, Cape Coral and Naples, Florida. It's a new bank that was just established in 2006. It's FDIC insured (Certificate # 58135).
Thanks to the reader who emailed me info on this CD special.
