Dedicated to Deposits: Deals, Data, and Discussion

4.08% 12-Month / 3.87% 6-Month CD at a California Bank (Community Bank).

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Update 7/26/08: The CD special is no longer listed at the bank's website. Please check with the bank for the latest rates and specials.

Community Bank has a CD promotion with some attractive rates. These include a 4.18% APY 18-month CD, a 4.08% APY 12-month CD and a 3.87% APY 6-month CD. The minimum deposit is $25,000. Rates apply to new money only. Interest on deposit amounts of $100,000 and above will not be compounded.

It appears a branch visit may be required to open an account. Branches are located throughout the Los Angeles metro area including the cities of Burbank, Covina, Pasadena, Santa Clarita, Anaheim, Corona and Ontario. The bank has been FDIC insured since 1983 (FDIC Certificate # 24315). It has a 5 star rating (superior) at BauerFinancial based on 3/31/08 data.

Thanks to the reader who mentioned this bank in the Finding the Best Deals post.

  Tags: California, Community Bank, CD rates

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Comments
Comment #1 by Anonymous posted on
Anonymous
The closest branch for Orange County residents is Anaheim.

1