Dedicated to Deposits: Deals, Data, and Discussion

4.01% 11-Month CD at a Nevada Bank (First National Bank of Nevada).

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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: The CD special has ended. Please check the bank's website for the latest rates and specials.

First National Bank of Nevada 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.

It appears that the bank may require a branch visit to open accounts. Branches are located in Las Vegas, Reno, Carson City, Laughlin and Sparks. The bank has been FDIC insured since 1987 (FDIC Certificate # 27508).

Other High Certificate of Deposit Rates

There's a sister bank in Arizona with this same special CD. I just reported on that here. For other high yield CDs with terms around one year that are available nationally, please refer to my post on Ascencia Bank.
  Tags: Nevada, CD rates, IRA rates

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