2.25% 12-Month CD at Idaho Banking Company - Local Only

Idaho Banking Company is offering a special 2.25% APY 12-month CD. Minimum deposit is $500, and the maximum is $95,000. New money is required. The offer is listed on the bank's front page as of 9/04/09.

It appears that a branch visit is required to open an account. Branches are located in the Idaho cities of Boise, Eagle and Meridian.

The bank's ratings for safety and soundness are fair: 3½ stars (good) at BauerFinancial and 2 stars (below peer group) at Bankrate.com. Both ratings are based on 3/31/09 financial data. The bank has been a FDIC member since 1996 (FDIC Certificate # 34317).

Other Competitive Certificate of Deposit Rates

There's also another good CD deal in Idaho at Idaho Central Credit Union which has a special 15-month CD with a 2.30% APY. In August it had been offering a 2.75% 11-month CD (see post). For CD deals availabe in other parts of the nation and available nationwide refer to the following:

• My weekly list of hot nationwide and local CD deals
• My weekly list of all nationwide CD deals
• Index of state CD and bank deals