2.50% 24-Month & 2.10% 12-Month Jumbo CDs at Universal Bank in CA - Local Only

Leave a comment
Nov 25, 2009 - 9:27 AM by Ken Tumin

Universal Bank
Universal Bank is offering competitive rates on its 1-year and 2-year CDs. They provide six interest rate tiers with the best rates available for a $100,000 minimum deposit: 2.10% APY for 1 year and 2.50% APY for 2 years. The rates for the lowest $1,000 tier are 1.90% APY for 1 year and 2.30% APY for 2 years. CDs are also available in an IRA. These rates are listed at the bank's rates page as of 11/25/09.

It appears that a branch visit is required to open an account. Branches are located in Los Angeles and Orange County.

Universal Bank's ratings for safety and soundness are a little weak: 2 stars (problematic) at BauerFinancial and 2 stars (below peer group) at Bankrate.com. Both ratings are based on 6/30/09 financial data. The bank has been a FDIC member since 1954 (FDIC Certificate # 30722).

Other High Certificate of Deposit Rates

Banks Mentioned in this Post:

Universal Bank
Locations: 6   Health Rating: 		 
Recent Posts: 4.10% 12-Month CD at a California Bank (Universal).


Post a CommentComments
In order of date posted. - Sort by votes

Be the First to Comment


Post a Comment

Featured 1 Year CDs
Related Posts
BBVA CompassCompetitive 5-Year CD Rate at BBVA Compass in Several States
Schools Credit UnionTop CD Rates in Los Angeles at Schools Federal Credit Union
Melrose Credit UnionForum Thread: Good Rates Good Service
Quontic Bank, FSBCompetitive CD Rates at Quontic Bank in New York - Local Only
Stanford Federal Credit UnionStanford Federal Credit Union's Beat the Rate Program for CDs
Leominster Credit UnionTop 3-Year CD Rate at Leominster Credit Union in MA - Local Only
Alaska USA Credit UnionCD Rates Down But Still Competitive at Alaska USA FCU in AK, WA & CA
California Pacific Credit UnionForum Thread: Credit Union Took Dormant Fee But Neglected To Notify Customer.
Useful Resources