Regal Financial Bank has just started to offer a good deal on a special 11-month CD. It has a 1.11% APY with a minimum deposit of $25,000. Maximum deposit is just under $250,000. New money is required. This special is listed in the bank’s promotions page as of 10/30/2013. According to the small print the “offer expires November 29, 2013 and is subject to change without notice.”
This offer is valid only in Washington State. The bank is located in Seattle, Washington.
The bank has an overall health grade at DepositAccounts.com of a B+ with a Texas ratio of 22.88% (average) based on June 2013 data. Please refer to our financial overview of Regal Financial Bank for more details. The bank has been a FDIC member since 2002 (FDIC Certificate # 57236).
How This CD Rate Compares
The best 1-year CD rate continues to be at the all-access Communitywide Federal Credit Union. It has a special 1-year CD with a 2.00% APY. Maximum deposit is $100,000, and an active checking is required.
The rate of the second best deal is much lower. That’s at all-access Connexus Credit Union. Its rate is 1.10% APY. This also requires an active checking account.
To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.