Dedicated to Deposits: Deals, Data, and Discussion

2.90% 15-Month CD & 3.25% 28-Month CD at Capon Valley Bank in WV & VA

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Capon Valley Bank is offering two competitive rates on its CD specials: 2.90% APY for 15 months and 3.25% APY for 28 months. Minimum deposit is $5,000. These CDs are also available in an IRA. The specials are listed on the bank's "Deposit & Loan Specials page" as of 4/30/09. The link is on the left side bar of the bank's front page.

It appears that a branch visit is required to open an account. Branches are located in the West Virginia cities of Wardensville, Moorefield and Baker and in Gore, Virginia.

Capon Valley Bank has strong ratings for safety and soundness: 4 stars (excellent) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 12/31/08 financial data. The bank has been FDIC insured since 1934 (FDIC Certificate # 9998).

  Tags: Virginia, CD rates, IRA rates, West Virginia

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