Dedicated to Deposits: Deals, Data, and Discussion
DETAILSINSTITUTIONAPYMINMAXPRODUCT
Raymond James Bank1.50%$1k-60 Month CD
Raymond James Bank1.15%$1k-48 Month CD
Raymond James Bank0.80%$1k-36 Month CD
Accounts mentioned in this post. Rates as of August 21, 2014

Competitive Long-Term CD Rates at Raymond James Bank

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Raymond James Bank

You might be familiar with Raymond James through its financial advisors which have offices throughout the U.S. You may not know that one of its subsidiaries is a bank, Raymond James Bank, and that bank is currently offering some competitive CD rates. The best ones include a 2.10% APY 5-year CD, 1.75% APY 4-year CD and a 1.55% APY 3-year CD. Minimum deposit is $1,000. These rates are listed in the bank's rates page as of 12/07/2011.

Raymond James Bank lists a few CD details in this CD page. At the bottom, it has an important detail about availability:

Raymond James Bank CDs are available to existing clients of Raymond James Bank, Raymond James & Associates, and Raymond James Financial Services. Non-clients may open a CD by making a deposit in person or by mail at our St. Petersburg, Florida office.

So these CDs are available nationwide. However, if you want to open the CD at a bank branch, you'll have to travel to its St. Petersburg office which is located at 710 Carillon Parkway.

St. Petersburg is also where Raymond James headquarters is located. If you're a fan of the Tampa Bay Buccaneers, you probably know Raymond James purchased the naming rights of their stadium.

Raymond James Bank has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas Ratio of 14.20% (above average) based on September 2011 data. Please refer to our financial overview of Raymond James Bank for more details. The bank has been a FDIC member since 1994 (FDIC Certificate # 33893).

How These CD Rates Compare

For banks with nationally available accounts, Raymond James Bank long-term CD rates are near the top. The highest 5-year CD rate is 2.25% APY (special 59-month term) at US Bank. The highest 4-year CD rate is 2.00% APY at Airbanking, and the highest 3-year CD rate is 1.65% APY at Doral Bank Direct.

Higher CD rates are available at all-access credit unions. Melrose Credit Union has the best with rates of 1.91% APY for 3 years, 2.17% APY for 4 years and 2.68% APY for 5 years.

These rates are accurate as of 12/07/2011.

Searching for the Best CD Rates

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


  Tags: Raymond James Bank, Florida, CD rates

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Comments
2 Comments.
Comment #1 by Pooshhelen (anonymous) posted on
Pooshhelen
How about 1st Central Saving's rates in NY? -- 5,6,7 years, all over 2.00%. This is a real brick and mortar bank, no large minimum deposits.

1
Comment #2 by KenBDG posted on
KenBDG
I posted on 1st Central Savings earlier this year. Their CD rates are still competitive, but please note that they are not in the best financial shape.

4