Community Banks of Colorado is offering three competitive CD rates: 2.85% APY for 18 months, 2.50% APY for 12 months and 2.20% APY for 6 months. Minimum deposit is $1,000. They also offer Jumbo CDs with rates 10 basis points higher. Minimum deposit for the Jumbo is $100,000. These rates are listed in the product information section of the bank's online application as of 4/08/09. When you select the CD tab and click on the Jumbo Time CD or the Time CD, the rates appear.

The link to the online application is located on the bank's home page. It appears to allow you to fund the CD via an ACH transfer from an account at your current bank. The first page of the application states that you must be a Colorado resident.

This online application appears to be new. When I last posted on this bank in January, a branch visit was required to open an account. Branches are located in several Colorado cities including Denver, Alamosa, Greenwood Village, Buena Vista, San Luis, Avon, Glenwood Springs, Durango, Aspen and Pueblo.

The bank has fair ratings for soundness: 3 stars (adequate) at BauerFinancial (based on 12/31/08 data) and 3 stars (performing) at Bankrate (based on 9/30/08 data). The bank has been FDIC insured since 1973 (FDIC Certificate # 21132).

Other High Certificate of Deposit Rates

For top CD rates nationally available, refer to my weekly rate summary. Many of the best CD deals are only locally available. To find the best deals in your state, refer to the index of state CD and bank deals.