United Orient Bank has two competitive CD rates: a 2.00% APY 9-month CD and a 2.18% APY 18-month CD. Minimum deposit is $5,000. Lower rates are available for a $500 minimum. These rates are listed at the bank's CD rates page as of 12/16/09.
It appears that a branch visit is required to open an account. The bank has two branches in New York City.
The bank's ratings for safety and soundness are mixed: 4 stars (excellent) at BauerFinancial (based on 9/30/09 data) and 2 stars (below peer group) at Bankrate.com (based on 6/30/09 data). The bank has been a FDIC member since 1981 (FDIC Certificate # 23373).
Other Competitive Certificate of Deposit Rates
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