Dedicated to Deposits: Deals, Data, and Discussion

3.73% 9-Month / 4.25% 23-Month CD at First Commercial Bank of Florida

POSTED ON BY

First Commercial Bank of Florida
First Commercial Bank of Florida has another competitive CD promotion for this week although the rates are down a bit from last week. The special CDs include a 3.73% APY 9-month CD, a 3.95% APY 15-month CD and a 4.25% APY 23-month CD. The minimum deposit is $1,000, and the maximum is $99,000. As is typical with this bank, the rates are not listed at the bank's website. I called the bank today. Also typical is that the rates are scheduled to end on Friday, 5/30/08.

A branch visit is required to open the CD if you don't already have accounts at the bank. The bank has several branches in the Central Florida including the cities of Orlando, Kissimmee, Winter Park, Deltona and Lake Mary. The bank is FDIC insured (Certificate # 34965) and it still has a 4 out of 5 star rating at Bankrate.com (sound) based on 12/31/07 data.

No-Cap Reward Checking Account

The bank is still offering a high yield reward checking account that I first reported on in March 2007. The rate has fallen quite a bit since then. I was told the current yield is 3.49% APY (down from 5.64% APY). Even though the rate is not the best for reward checking accounts, there are no balance caps which limit the balance that can earn the top yield.
  Tags: First Commercial Bank of Florida, CD rates, Florida

Related Posts

Comments