| Bank or Credit Union | Apy | Min | Max | Product | |
| First State Bank (2413) | 2.27% | $25k | - | 84 Month CD | |
| First State Bank (2413) | 1.97% | $1k | - | 60 Month IRA | |
| First State Bank (2413) | 0.69% | $90k | - | Money Market Account |
Top Long-Term CD & Money Market Rates at First State Bank in Central Texas - Local Only
First State Bank is listing on its home page its Barbell Investment Strategy which includes a top yield for a money market account and a 7-year CD. The yields are in fact quite competitive. The 7-year CD has a 3.80% APY. The money market account has tiered rates with a top rate of 1.39% APY for balances of at least $90K. The rates fall quite a bit for lower rates: 0.90% for $50K-$90K and 0.79% for $25K-$50K. There's also a competitive 5-year CD: 3.04% APY (3.15% APY for a $100K minimum). These yields are listed in the bank's rates page as of the morning of 9/01/2010.
It appears that a branch visit is required to open an account. Branches are located in the Central Texas cities of New Braunfels, Canyon Lake, Gruene, Bastrop and Smithville. These cites are close to Austin and San Antonio. Before making a long drive, make sure to call to ensure they accept deposits from outside their local market area.
The bank's overall health score is 4 out of 5 with a Texas Ratio of 4.66% at DepositAccounts.com (see our financial overview of First State Bank). The bank has been a FDIC member since 1934 (FDIC Certificate # 2413).
Searching for the Best CD Rates
To search for the best nationwide rates and the best rates in your state, please refer to the following tables at DepositAccounts.com:
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| First State Bank (2413) Health Rating:  |   |
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