Dedicated to Deposits: Deals, Data, and Discussion

4.25% 12-Month / 4.10% 6-Month CD at an AL/GA/FL/TX/NV Bank (Colonial)

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Colonial Bank has some new CD specials which include a 4.25% APY 12-month CD and a 4.10% APY 6-month CD. The minimum deposit is $500. This special doesn't seem to be listed at the bank's website. I called this morning and was informed of these rates for Texas. The rates may vary by state. In Florida, Colonial was advertising a 4.10% APY CD for terms from 6 to 11 months. The ad is available online here. No checking account is required.

These new CD specials replace the 4% 4-month CD special that I reported on in this July 2nd post.

A branch visit is required. Branches are located in Alabama, Georgia, Florida, Texas and Nevada. The bank has been FDIC insured since 1934 (FDIC Certificate # 9609). It has a 3.5 star rating (good) at BauerFinancial based on 3/31/08 data.
  Tags: Nevada, Alabama, Georgia, CD rates, Texas, Florida

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