The MINT National Bank is offering two good CD deals: a 1.50% APY 1-year CD and a 1.70% APY 2-year CD. Minimum deposit is $2,500. The longer terms are not quite as good deals. These include a 1.80% APY for 30 months and 1.90% APY for 3 years. These CDs are also available in an IRA. The rates are listed in the bank's rates page as of 2/8/2011.
As compared to internet banks on 2/8/2011, the best 1-year CD rate is 1.35% APY at CNB Bank Direct, and the best 2-year CD rate is 1.75% APY at Salem Five Bank.
It appears that a branch visit is required to open an account. It's a small bank with one office in Kingswood, Texas which is about 10 miles north of Houston.
The bank has an overall health score at DepositAccounts.com of 5 out of 5 with a Texas Ratio of 9.09% (excellent) based on September 2010 data. Please refer to our financial overview of The MINT National Bank for more details. The bank has been a FDIC member since 2009 (FDIC Certificate # 58764).
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