3.60% 3-Month / 3.60% 5-Month CD at a Missouri Bank (St. Louis)

St. Louis Bank is offering a special certificate of deposit with a yield of 3.60% APY on terms between 3 and 5 months. The minimum deposit is $10,000, and funds must be new to the bank (see rate table).

Last year St. Louis Bank had many of these special CDs. My last post was on August 2007 when they were offering CD rates of 5.60% APY (the good 'ole days for CDs). Note, a reader had a bad experience in 2006 when a phone rep failed to mention that a previous CD special had been discontinued. So before you drive there, be sure to have the phone rep confirm the special is still available.

St. Louis Bank's main location is in Town and Country, Missouri. The bank is FDIC insured (FDIC Certificate # 58018).

Tags: St. Louis Bank, CD rates, Missouri