John Marshall Bank is offering three competitive long-term CD rates: 2.94% APY for 5 years, 2.48% APY for 4 years and 2.02% APY for 3 years. Minimum deposit is $500. These rates are listed in the bank's rate sheet as of 2/8/2011. There's a link to the rate sheet at the bank's personal banking webpage.
As compared to internet banks on 2/8/2011, the best 5-year CD rate is 2.75% APY at Salem Five Bank and the best 4-year CD rate is 2.25% APY at OneWest Bank.
It appears a branch visit is required to open an account at John Marshall Bank. Branches are located in the Virginia cities of Arlington, Falls Church, Leesburg, in Washington DC, and in Rockville, Maryland.
The bank has an overall health score at DepositAccounts.com of 4 out of 5 with a Texas Ratio of 4.20% (excellent) based on September 2010 data. Please refer to our financial overview of John Marshall Bank for more details. The bank has been a FDIC member since 2006 (FDIC Certificate # 58243).
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