3.05% 24-Month CD & Other Competitive Rates at Heritage Bank of Florida - Local Only

Heritage Bank of Florida is offering a 24-month CD with a 3.05% APY. Minimum deposit is $1,000. This is also available in an IRA. This CD is listed in the bank's rate table as of 4/20/09.

The bank also offers competitive rates for its money market and checking accounts. The money market account has tiered rates with a 2.50% APY for a balance of $40K to $100K, and 3.00% APY for balances over $100K. The bank also offers a checking account that pays 1.10% which is not too bad for a brick-and-mortar bank in today's rate environment. In my last post on this bank in November 2008, the checking account rate was 2.22% APY.

A branch visit is required to open new accounts. Branches are located in Lutz, Wesley Chapel and Tampa, Florida.

The bank has some decent financial ratings for soundness: 3 stars (performing) at Bankrate.com and 4 stars (excellent) at BauerFinancial. Both are based on 12/31/08 data. The bank has been FDIC insured since 1999 (FDIC Certificate # 35009).

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.

Tags: money market accounts, CD rates, checking account, Heritage Bank of Florida, Florida