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March Madness 2-Year CD Special with a Top Rate at Civic Bank & Trust in TN - Local Only

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I reported on one March Madness CD two weeks ago from a New York credit union. Here's another one from a Nashville bank. Civic Bank & Trust is offering a March Madness CD special with a 2.00% APY for a 2-year term. Unlike the New York CD, you can't get a higher rate by picking the right teams. The yield is fixed at 2.00% APY which is very competitive for a 2-year term. In addition, the bank allows add-on deposits to CDs anytime in multiples of $1,000. Minimum deposit is $5,000. This special CD is listed in the bank's interest rates page as of 3/18/2011.

It's not easy to find a 2.00% APY for a 2-year CD. The best nationally available 2-year CD rate is currently 1.77% APY at Self-Help Credit Union. The best rate for a bank is 1.65% APY at CNB Bank Direct.

It appears that a branch visit is required to open an account. Civic Bank & Trust has one branch at 3325 West End Avenue in Nashville, Tennessee.

Civic Bank & Trust has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas Ratio of 25.51% (average) based on December 2010 data. Please refer to our financial overview of Civic Bank & Trust for more details. The bank has been a FDIC member since 2005 (FDIC Certificate # 58040).

Searching for the Best CD Rates

To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com.

  Tags: Tennessee, CD rates

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