Dedicated to Deposits: Deals, Data, and Discussion

EXPIRED: 2.30% 15-Month CD & Other Competitive CD Rates at a Bay Cities Bank in Florida - Local Only


Bay Cities Bank

Bay Cities Bank continues to offer several competitive CD rates. Some of the most competitive as listed at the bank's rate table as of 8/17/09 include:

  • 2.25% APY 12 month
  • 2.30% APY 15 month
  • 2.35% APY 18 month
  • 2.40% APY 24 month
  • 3.00% APY 36 month
  • 3.50% APY 60 month

The minimum deposit is $1,000.

It appears that the bank requires a branch visit to open new accounts. Branches are located in the Florida cities of Tampa, Lutz and St Petersburg.

My last post on this bank was in April when the 12-month CD rate was 2.50%.

The bank's financial ratings for safety and soundness have continued to weaken. Current ratings based on 3/31/09 data are 2 stars (problematic) at BauerFinancial and 1 star (lowest) at The bank has been a FDIC member since 1999 (FDIC Certificate # 35066).

Other Competitive Certificate of Deposit Rates

  Tags: CD rates, Bay Cities Bank, Florida

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