Dedicated to Deposits: Deals, Data, and Discussion

2.22% 13-Month CD at Great Western Bank in Colorado - Local Only

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Great Western Bank
Great Western Bank is offering two CD specials: a 2.22% APY 13-month CD and a 1.71% APY 7-month CD. Minimum deposit is $500. These specials are not listed at the bank's website. A reader emailed me info on these, and I called the bank today (9/16/09) for additional details. According to the CSR, they prefer that new customer also open a checking account with this special CD. It didn't sound like it was a requirement.

A branch visit is required to open an account. This special appears to be available at all of the bank's Colorado branches. However, it doesn't seem to be available in any other states. Branches are located in several Colorado cities including Boulder, Denver, Fort Collins and Louisville.

The bank's ratings for safety and soundness are strong: 5 stars (superior) at BauerFinancial (based on 6/30/09 data) and 4 stars (sound) at Bankrate.com (based on 3/31/09 data). The bank has been a FDIC member since 1935 (FDIC Certificate # 15289).

Thanks to the reader who emailed me news about this special.

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  Tags: Colorado, CD rates, Great Western Bank

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