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Competitive CD Rates at Collin Bank in Texas - Local Only


Collin Bank

Collin Bank is offering a few competitive CD rates. The best deal is currently a 2.15% APY 24-month CD. Minimum deposit is $1,000, and it should also be available in an IRA. Other notable rates as listed in the bank's rates page as of 7/13/2010 include:

  • 1.25% APY 6-month CD
  • 1.50% APY 12-month CD
  • 1.75% APY 18-month CD
  • 2.15% APY 24-month CD
  • 2.35% APY 36-month CD

It appears a branch visit is required to open an account. It's a small one-office bank located in Frisco, Texas which is about 30 miles north of Dallas.

The bank's ratings for safety and soundness are strong: 4 stars (excellent) at BauerFinancial, 4 stars (sound) at and an overall health score of 5 out of 5 at (see our financial overview of Collin Bank). These ratings are based on 3/31/10 data except for Bankrate which is based on 12/31/09 data. The bank has been a FDIC member since 2008 (FDIC Certificate # 58610).

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  Tags: Collin Bank, money market accounts, CD rates, IRA rates, Texas

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