Dedicated to Deposits: Deals, Data, and Discussion

4.06% 12-Month CD at Metro Phoenix Bank

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Metro Phoenix Bank
Metro Phoenix Bank is listing some competitive CD rates. These include a 4.06% APY 12-month CD and a 4.32% APY 24-month CD. The longer term CDs have APY's of 4.37% to 4.47%. The money market account rates are also competitive with an APY of 2.53% for up to $25K, 2.78% for $25K to $100K and 3.56% for $100K to $1M. This is available for both personal and business money market accounts.

These rates are listed in the bank's rate table as of the morning of 12/26/08.

A branch visit appears to be required to open an account. The bank has one branch in Phoenix, Arizona.

Metro Phoenix Bank is a new bank that was just established in 2007. Since it's new, it doesn't have a rating at BauerFinancial. Bankrate gives it a 4-star Safe & Sound rating (sound) based on 9/30/08 data.

The bank is FDIC insured (FDIC Certificate # 58402).

  Tags: Metro Phoenix Bank, Arizona, CD rates, IRA rates

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Comments
3 Comments.
Comment #1 by mrfrugality (anonymous) posted on
mrfrugality
"Rates effective as of October 3, 2008" is stated at the top of the rate table. Most likely they have dropped from these levels.

1
Comment #2 by Anonymous posted on
Anonymous
I've left e mails and calls aren't returned.

1
Comment #3 by Anonymous posted on
Anonymous
I bank there. They are very responsive. But I don't have a clue what their CD rates are. Just call and ask to speak to Ashley

1