Update 2/28/14: The 11-month CD special has ended.
United Legacy Bank has a nice CD promotion. It’s offering a special 11-month CD with a 1.15% APY. Minimum deposit is $1,000, and the maximum is $99,000 per depositor. This special doesn’t appear to be listed at the bank’s website. A reader emailed me news of this, and I contacted the bank for additional information. This special was available as of 2/6/2014.
A branch visit is required to open this CD. United Legacy Bank branches are located in the Central Florida cities of Orlando, Longwood, Oviedo, Winter Park and Kissimmee.
The bank has an overall health grade at DepositAccounts.com of a B+ with a Texas ratio of 11.08% (above average) based on September 2013 data. Please refer to our financial overview of United Legacy Bank for more details. The bank has been a FDIC member since 2001 (FDIC Certificate # 57164).
How This CD Rate Compares
United Legacy Bank’s 11-month CD rate is close to the best 12-month CD rate that’s nationally available. That best 12-month CD rate is from PenFed which is offering a 1.16% APY. This rate is accurate as of 2/7/2014.
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. Use the "Filter Accounts" button on top of the table to select either nationwide accounts and/or your state.