Dedicated to Deposits: Deals, Data, and Discussion

3.90% 9-Month / 3.90% 12-Month CD at a Florida Bank (Freedom).

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Update 10/31/08: The bank has been closed. Please refer to this post for more details.

Freedom Bank is offering a 3.90% APY CD with a 9 and 12-month term. The minimum deposit is $500. This doesn't seem to be listed at the bank's website. It was advertised in today's Bradenton Herald newspaper. The ad is available online here.

A branch visit is required to open accounts. Branches are located in Bradenton, Florida. It's a fairly new bank that was established in 2005 (FDIC Certificate # 57930).

Other Short Term CD Deals

Finding 9-month CD rates over 3.50% is hard these days. The highest 9-month CD yield on my latest rate summary is 3.60% APY at GMAC Bank. There's still a 5% 5-month CD special ($25K max) at a credit union with nationwide availability.

  Tags: Freedom Bank, CD rates, Florida

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