First Community Bank is offering several competitive CD rates. The most competitive include a 5.00% APY for terms of 36 to 60 months and a 4.75% APY for terms of 24 and 30 months. Minimum deposit is $5,000. The 24-month CD has a bump-up feature.
My last post on this bank was in September when the 24-month CD yield was 5.05%.
These CDs are available to Central-Ohio residents only. In addition, the new account application requests that you call to confirm you are in their market area before sending the application. Branches are located in the Ohio cities of Columbus, Sedalia and Whitehall.
The bank has some fair financial ratings for soundness: 3.5 stars (good) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both are based on 6/30/08 data. The bank has been FDIC insured since 1939 (FDIC Certificate # 17520).