3.75% 12-Month / 3.51% 9-Month CD at a California Bank (County).
Feb 6, 2009 - 10:21 PM by Ken Tumin
Update 2/06/09: The bank has been closed. Refer to this post for more details.
Update 4/26/08: The special CD rates have gone down. Please check the bank's website for the latest rates.
Update 4/12/08: The special CD rates have gone down by 25 basis points. The new 12, 9 and 6 month yields are now 3.75%, 3.51% and 3.25% APY. The title has been modified to reflect this change.
County Bank has a new CD promotion with the following special CDs: 4.00% APY 12-month, 3.75% APY 9-month and 3.51% APY 6-month. The minimum deposit is $1,000, and the maximum is $95,000.
They had a similar promotion last month, but unlike that special, this one does not require a checking account. I was told by their banking rep that they do not do hard credit checks when you open accounts.
A branch visit is required. Branches are located in several California cities including San Francisco, San Jose, Sacramento, Stockton and Fresno. The bank has been a FDIC member since 1977 (Certificate # 22574). The bank has a 3 out of 5 star rating (performing) at Bankrate.com based on 12/31/07 data.
Update 4/26/08: The special CD rates have gone down. Please check the bank's website for the latest rates.
Update 4/12/08: The special CD rates have gone down by 25 basis points. The new 12, 9 and 6 month yields are now 3.75%, 3.51% and 3.25% APY. The title has been modified to reflect this change.
County Bank has a new CD promotion with the following special CDs: 4.00% APY 12-month, 3.75% APY 9-month and 3.51% APY 6-month. The minimum deposit is $1,000, and the maximum is $95,000.
They had a similar promotion last month, but unlike that special, this one does not require a checking account. I was told by their banking rep that they do not do hard credit checks when you open accounts.
A branch visit is required. Branches are located in several California cities including San Francisco, San Jose, Sacramento, Stockton and Fresno. The bank has been a FDIC member since 1977 (Certificate # 22574). The bank has a 3 out of 5 star rating (performing) at Bankrate.com based on 12/31/07 data.
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Anonymous - #1, Tuesday, April 8, 2008 - 3:38 PM
I passed by the branch on 595 Market St in San Francisco around 1 PM this afternoon. The bank was so quiet, and there is no customer at the branch. I only saw one lady (Manager or employee) at the branch. I don't feel comfortable to open an account with them. Anyone has experienced with them?
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