Pacific Global Bank continues to list three competitive standard CD: 2.75% APY 5-year, 2.50% APY 4-year and 2.35% APY 3-year. The shorter terms are not quite as competitive. Minimum deposit is $1,000. These rates are listed in the bank's interest rates page as of 10/25/2010.
As a comparison, the best 3-year CD rate at an internet bank is 2.25% APY at iGObanking.com and the best 5-year CD rate at an internet bank is 2.75% APY at Sallie Mae Bank. Melrose Credit Union currently has the best nationwide 3-year and 5-year CD rates of 2.27% APY and 3.03% APY.
It appears that a branch visit is required to open an account at Pacific Global Bank. It has three branches located in Chicago, IL.
The bank's overall health score at DepositAccounts.com is 3 out of 5 with a Texas Ratio of 44.81% (average) based on 6/30/2010 data. Please refer to our financial overview of Pacific Global Bank for more details. The bank has been a FDIC member since 1995 (FDIC Certificate # 34089).
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