Dedicated to Deposits: Deals, Data, and Discussion

5.10% 48-Month / 4.60% 23-Month CD at Monroe Bank in Indiana

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Monroe Bank has a CD special with several competitive rates as of 11/17/08. These include a 5.10% APY 48-month CD, a 4.80% APY 35-month CD, a 4.60% APY 23-monthd CD and a 4.10% APY 13-month CD. The minimum deposit is $1,000 ($100 for IRA CDs).

The bank's rate table showing these special CDs is only applicable for certain areas of Indiana. This page shows which Indiana zip codes are eligible for these rates.

Branches are located in Bloomington, Bedford, Noblesville, Brownstown and Avon.

The bank has some fair financial ratings for soundness: 3.5 stars (good) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 6/30/08 data. Monroe Bank has been FDIC insured since 1934 (FDIC Certificate # 12847).

  Tags: Indiana, CD rates, IRA rates, Monroe Bank

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