Dedicated to Deposits: Deals, Data, and Discussion

4.60 12-Month CD at Bank of Commerce in Southwest Florida

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Bank of Commerce
Bank of Commerce is offering a 4.60% APY 12-month CD. There's also a competitive 6-month CD with a yield of 4% APY. The minimum deposit is $100. More details are listed in the bank's rate page.

It appears a branch visit is required to open accounts. Branches are located in Sarasota and Lakewood Ranch, FL.

Its financial ratings are weak: 3 stars (adequate) at BauerFinancial and 1 star (lowest) at Bankrate.com. Both ratings are based on 6/30/08 data. As I recommend with any bank, it's best to stay under the FDIC limits. The bank has been FDIC insured since 2000 (FDIC Certificate # 35451).

  Tags: Bank of Commerce, CD rates, Florida

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