2.20% 14-Month CD at Blueharbor Bank in North Carolina - Local Only

Blueharbor Bank is offering a special 14-month CD with a 2.20% APY. The bank also has a some competitive standard CD rates. The most competitive one is the 2.50% APY 25-month CD. These rates are listed in the bank's rates page as of 12/30/09.

The bank continues to offer a high-yield reward checking account that pays 4.00% APY on balances up to $30K (see account review). Its basic savings account is also a good deal with a 1.50% APY for all balances as of 12/30/09. Minimum balance to avoid monthly fees is $200.

It appears a branch visit may be required to open an account. The bank is located in Mooresville and Huntersville, North Carolina which are just north of Charlotte.

It's a new bank that was just established in January 2008. Thus, it's labeled as a start-up at BauerFinancial. Its rating for safety and soundness is 3 stars (performing) at Bankrate.com based on 6/30/09 data. It's a member FDIC (FDIC Certificate # 58691).

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