Dedicated to Deposits: Deals, Data, and Discussion

2.10% 14-Month CD & 2.30% 19-Month CD at First Commercial Bank of Florida - Local Only


First Commercial Bank of Florida
First Commercial Bank of Florida has a CD promotion with a some competitive rates for this week. The special CDs include a 1.60% APY 6-month CD, a 2.10% APY 14-month CD and a 2.30% APY 19-month CD. Minimum deposit is $1,000, and the maximum is $100K. As is typical with this bank, the rates are not listed at the bank's website. I had to call the bank today. These special CD rates typically only last through Friday (12/11/09).

A branch visit is required to open the CD if you don't already have accounts at the bank. The bank has several branches in the Central Florida including the cities of Orlando, Edgewood, Kissimmee, Winter Park, Deltona and Lake Mary.

The bank is still offering a reward checking account that I first reported on in March 2007. The rate has held since my last post on this bank in July. According to the CSR, the current rate as of 12/07/09 is 2.00% APY. Even though the rate is low for reward checking accounts, balances up to $250K qualify for this rate.

First Commercial's ratings for safety and soundness continue to be a little weak: 2 stars (problematic) at BauerFinancial (based on 9/30/09 data) and a 1 star rating (lowest) at (based on 6/30/09 data). The bank has been a FDIC member since 1999 (FDIC Certificate # 34965).

Other Competitive Certificate of Deposit Rates

Related Pages: First Commercial Bank of Florida, CD rates, Florida

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