Community First Bank is offering some competitive long-term CD rates. The two best include a 3.07% APY 5-year CD and a 2.77% APY 4-year CD. Minimum deposit is $1,000. These are also available as an IRA CD. These yields are listed in the bank's interest rates page as of 12/09/2010.
As a comparison to internet banks, the best 5-year CD rate is 2.55% APY at First Internet Bank and the best 4-year CD rate is 2.25% APY at Hudson City Savings Bank.
It appears Community First Bank requires a branch visit for opening accounts. Branches are located in Butler and Appleton City which are about 40 miles south of Kansas City.
The bank has an overall health score at DepositAccounts.com of 3 out of 5 with a Texas Ratio of 23.69% (above average) based on September 2010 data. Please refer to our financial overview of Community First Bank for more details. The bank has been a FDIC member since 1934 (FDIC Certificate # 10595).
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