Finding 2% CDs with terms around 1-year is difficult these days. The best 1-year internet CDs now have rates around 1.50%.
It appears that a branch visit is required to open an account. Branches are located in the North Carolina cities of Wilmington and Charlotte.
The bank's ratings for safety and soundness are above average: 4 stars (excellent) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 12/31/09 financial data. The bank has been a FDIC member since 2006 (FDIC Certificate # 58408).
Searching for the Best CD Rates
To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com. The tables now have a new & improved format!