First Bank Financial Centre is offering three competitive CD specials. The best one is the 9-month CD with a 1.60% APY. The other two are a 2.00% APY 24-month CD and a 3.00% APY 60-month CD. Minimum deposit is $2,500, and the CD specials are also available in an IRA. These rates are listed in the bank's rates page as of 7/21/2010.
It appears that a branch visit is required to open an account. Branches are located in several Wisconsin cities including West Bend, Germantown, Hartford, Hartland and Oconomowoc.
The bank's ratings for safety and soundness are fair: 3 stars (adequate) at BauerFinancial, 3 stars (performing) at Bankrate.com and an overall health score of 3 out of 5 at DepositAccounts.com (see our financial overview of First Bank Financial Centre). These ratings are based 3/31/10 data except for Bankrate which is based on 12/31/09 data. The bank has been a FDIC member since 1934 (FDIC Certificate # 12517).
Searching for the Best CD Rates
A yield of 1.60% for an 9-month term may seem low, but the best 9-month CD listed for nationwide accounts at Bankrate is currently only 1.25% APY at OneWest Bank. 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.