2.65% 12-Month CD & 2.35% 9-Month CD at Riverside National Bank in East FL - Local Only

May 25, 2009 - 6:53 PM by Ken Tumin

Riverside National Bank is offering two competitive CD specials: 2.65% APY for 12 months and 2.35% APY for 9 months. Minimum deposit is $5,000. These rates are listed at the bank's CD page as of 5/25/09.

A branch visit appears to be required to open an account. Branches are located in the following Florida counties: Brevard, Indian River, Okeechobee, Martin, Palm Beach, Polk, St. Lucie, Volusia, Highlands and Lake.

The bank's ratings for safety and soundness are weak: 2 stars (problematic) at BauerFinancial and 1 star (lowest) at Bankrate.com. Both ratings are based on 12/31/08 financial data. The bank has been FDIC insured since 1982 (FDIC Certificate # 24067).

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