Valley Green Bank is listing a special 14-month CD with a 1.95% APY. Minimum deposit is $5,000, and new money is required. This special is listed on the bank's front page and in this promotions page as of 8/25/2010.
The bank also has some competitive standard CD rates including a 2.00% APY 24-month CD and a 2.75% APY 60-month CD. These rates are listed in the bank's rates page as of 8/25/2010.
It appears that a branch visit is required to open an account. It's a small bank with two full-service bank offices located in Philadelphia.
The bank's ratings for safety and soundness are a little weak: 3 stars (adequate) at BauerFinancial, 1 star (lowest) at Bankrate.com and an overall health score of 3 out of 5 at DepositAccounts.com (see our financial overview of Valley Green Bank). These ratings are based on 3/31/10 financial data. The bank has been a FDIC member since 2005 (FDIC Certificate # 58084).
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