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 Bankrate.com and an overall health score of 5 out of 5 at DepositAccounts.com (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).
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.