4.15% 8-Month / 4.40% 13-Month Cd at Bank of Oak Ridge in North Carolina

Bank of Oak Ridge has some competitive rates on its CD promotion. These include a 4.15% APY 8-month CD and a 4.40% APY 13-month CD. The minimum deposit is $10,000. These rates are also available with a $1,000 minimum with a checking account. Rates are 5 basis points higher for business CDs.

It appears that a branch visit may be required to open an account. Branches are located in the North Carolina cities of Greensboro, Oak Ridge and Summerfield.

The bank has fair financial ratings: 3 stars (performing) at Bankrate.com and 4 stars (excellent) at BauerFinancial. Both are based on 3/31/08 data. The bank has been FDIC insured since 2000 (FDIC Certificate # 35365).

Tags: BANK OF OAK RIDGE, North Carolina, CD rates