2.50% 2-Year CD & 3.00% 3-Year CD at Washington Federal Savings in Several States - Local Only

Washington Federal Savings is offering some competitive mid-term CD rates. These include a 24-month CD with a 2.50% APY and a 36-month CD with a 3.00% APY. Minimum deposit is $1,000. Jumbo CDs with a $90K minimum receive an extra 5 basis points. These rates are not listed at the bank's website. A reader mentioned these rates, and I called two of the bank's branches in Redmond, Washington and in Las Vegas on Friday. The CSR at Redmond said rates are usually updated on Fridays so she expected these CD rates to last through next week.

A branch visit is required to open an account. Branches are located in Texas, New Mexico, Arizona, Utah, Nevada, Idaho, Oregon and Washington State. Rates may vary by area, so make sure you confirm the CD rates with your local branch.

The bank's ratings for safety and soundness are a little above average: 3½ stars (good) at BauerFinancial (based on 9/30/09 data) and 3 stars (performing) at Bankrate.com (based on 6/30/09 data). The bank has been a FDIC member since 1935 (FDIC Certificate # 28088). It's a sizable bank with $12.6 billion in assets and $7.9 billion in deposits.

Other Competitive Certificate of Deposit Rates

• CD rates at DepositAccounts.com (overview of DepositAccounts.com)
• My weekly list of hot nationwide and local CD deals