Dedicated to Deposits: Deals, Data, and Discussion

4.01% 11-Month CD at an Arizona Bank (First National Bank of Arizona).

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Update 7/26/08: The bank has been closed. Please refer to this post for more details.

Update 5/31/08: This CD special has ended. Please check the bank's website for the latest rates and specials.

First National Bank of Arizona is offering a special 11-month fixed rate CD with a yield of 4.01% APY. The minimum deposit is $2,500. It's also available as an IRA CD. Please refer to their rate table (pdf) for more details.

Update: I've confirmed with the bank that you can open this CD online without coming into a branch. The apply-now button for the CD is located here. I was told that you need to type in "11 mo CD special" in the message section of the form. I was told this special is scheduled to last through May.

Branches are located in the Phoenix metro area, Tucson, Bullhead City and Mohave Valley. The bank has been FDIC insured since 1989 (FDIC Certificate # 27508).
  Tags: Arizona, CD rates, IRA rates

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