Dedicated to Deposits: Deals, Data, and Discussion

3.50% 36-Month CD at Northwest Savings Bank in SE Florida - Local Only


Northwest Savings Bank
Northwest Savings Bank has a CD and IRA promotion with some competitive rates. The most competitive has a rate of 3.50% APY for terms of 36 to 47 months. The other CDs are not quite as competitive: 2.25% APY for 12 to 23 months and 2.50% APY for 24 to 35 months. Minimum deposit is $500. These rates are listed in the bank's rates table for Florida as of 6/01/09.

The bank's branches in other states also have this promotion, but the rates are lower. You have to enter your zip code in the bank's rates page to see the CD rates for your area. In addition to Southeast Florida, branches are located in northern New York, Pennsylvania, Ohio and Maryland.

The bank has solid ratings for safety and soundness: 4 stars (excellent) at BauerFinancial and 4 stars (sound) at These ratings are based on 12/31/08 financial data. The bank has been FDIC insured since 1939 (FDIC Certificate # 28178).

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: Northwest Savings Bank, CD rates, IRA rates, Florida

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Comment #1 by The Turrdog (anonymous) posted on
The Turrdog
$100 bonus for new checking accounts now available.