Dedicated to Deposits: Deals, Data, and Discussion

4.00% 24-Month CD at a Florida Bank (Riverside).

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Update 6/07/08: Please check the bank for the latest rates and specials.

Riverside National Bank is offering a special 4.00% APY 24-month CD. The minimum deposit is $5,000, and it has no checking account requirements.

This special CD doesn't seem to be listed at the bank's website. A reader emailed me info on this over the weekend, and I just called for additional details. According to the CSR, it's available at all of their branches. A branch visit is required for signature and ID verification. The CSR said they've been offering this for the last few weeks, so she didn't think it would last too much longer.

Branches are located in several counties of Central and South Florida. Some of the cities with branches include Melbourne, Titusville, Vero Beach, Palm City, Stuart, West Palm Beach, Lakeland, Winter Haven, Fort Pierce, Daytona Beach and DeLand. The Bank has been FDIC insured since 1982 (FDIC Certificate # 24067).

Thanks to the reader who emailed me the info on this special.

  Tags: CD rates, Florida

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