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3.25% 6-Month CD at Maritime Savings Bank in WI and AZ

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Maritime Savings Bank is offering a 6-month CD special with an APY of 3.25%. Minimum deposit is $5,000. This special is listed in both the bank's Arizona rate table and Wisconsin rate table as of 1/20/2009. The rate tables have an effective dtae of 1/15/2009.

It appears a branch visit is required to open an account. Branches are located in the Wisconsin cities of Milwaukee, Brookfield, Cudahy, Menomonee Falls, Muskego, New Berlin, Oak Creek and West Allis, and in the Arizona city of Fountain Hills.

The bank has a 3.5 star rating (good) at BauerFinancial. For some reason Bankrate.com does not have a rating for this bank. The bank has been FDIC insured since 1937 (FDIC Certificate # 28612).

Other Top Short-Term Certificates of Deposit

As you can see from my Saturday weekly rate summary, 3.25% APY is now a competitive rate for a 6-month term. Some rate drops have already occurred since Saturday. First Command Bank's 6-month CD is now 3.50% APY. The only other bank with a 6-month rate over 3% is Earthstar Bank with a 3.45% APY.

  Tags: Maritime Savings Bank, Arizona, Wisconsin, CD rates

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