Dedicated to Deposits: Deals, Data, and Discussion

3.90% 3-Month / 4.70% 36-Month CD at a Houston Bank (Lone Star)

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Lone Star Bank is advertising a special 3.90% APY CD for terms of 90 days to 179 days. There's also a competitive 3-year CD with a yield of 4.70% APY. The minimum deposit is $1,000. This promotion may end after July 31, 2008.

This promotion doesn't seem to be listed at the bank's website. It was advertised in today's Houston Chronicle. The ad is available online here.

It appears to require a branch visit to open an account. The bank has two branches located in Houston, Texas.

It's a rather new bank that was established with FDIC insurance in 2006 (FDIC Certificate # 58324). It has a 4-star rating (sound) at Bankrate.com based on 3/31/08 data.
  Tags: Lone Star Bank, CD rates, Texas

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