Dedicated to Deposits: Deals, Data, and Discussion
Biscayne Bank1.10%$20k-24 Months Times Deposit
Biscayne Bank0.85%$20k-12 Months Time Deposit
Biscayne Bank0.60%$20k-6 Months Time Deposit
Accounts mentioned in this post. Rates as of August 30, 2014

Competitive Short-Term CD Rates at Biscayne Bank in Florida - Local Only


Biscayne Bank

Biscayne Bank has a few competitive CD rates. The three best are 1.35% APY for 2 years, 1.20% APY for 1 year and 0.95% APY for 6 months. Minimum deposit is $20,000. These rates are listed in the rates section of the bank's website as of 10/20/2011.

It appears that a branch visit is required to open an account. Biscayne Bank branches are located in Miami and Doral, Florida.

The bank has an overall health score at of 4 stars (out of 5) with a Texas Ratio of 16.64% (average) based on June 2011 data. Please refer to our financial overview of Biscayne Bank for more details. The bank has been a FDIC member since 2005 (FDIC Certificate # 57973).

How these CD Rates Compare

This bank's 1-year CD rate is higher than the best nationally available 1-year CD rate at a bank. That's 1.15% APY at CIT Bank. The CIT Bank 1-year CD has the advantage of allowing an add-on deposit and a rate bump (see review). The best 1-year CD rate at an all-access credit union is 1.30% APY ($25K minimum) at Alliant Credit Union.

For terms under 1 year, Ally Bank's 11-month no-penalty CD is the best nationwide deal with a 1.01% APY.

The best nationally available 2-year CD rate at a bank is 1.35% APY at CNB Bank Direct. For an all-access credit union, the best 2-year CD rate is 1.70% APY at Alliant Credit Union.

Rates are accurate as of 10/20/2011.

Searching for Top CD Rates

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

Related Pages: Biscayne Bank, CD rates, Florida

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