Comments For: 2.25% 11-Month CD Special is Back at Colonial Branches of BB&T - TX, FL & NV

Anonymous - #1, Wednesday, November 18, 2009 - 7:29 AM CT

Just checked with csr at *877-502-2265 and was told rate of 2.25 was only available with checking or savings customers. Lee

Anonymous - #2, Friday, November 20, 2009 - 7:24 AM CT

I opened one of these CDs in Irving, Texas on November 19 and did not have to open a checking or savings account.

Anonymous - #3, Saturday, November 21, 2009 - 4:26 AM CT

I opened one of these CD's in Sarasota FL on 11/18 and was not required to open a checking or savings account. I did have to go into a branch (called ahead to ensure they were offering the product). I was in and out in 10 minutes. Great service! No credit check. I was told the rate would be available until they fulfilled their deposit targets. Apparently it has been in effect since August (at least at this branch).

Anonymous - #4, Saturday, November 21, 2009 - 10:17 AM CT

I opened a 11 mo cd @2.25% at the Lakeland FL branch on 11/19. No checking account was required.

Anonymous - #5, Monday, December 14, 2009 - 10:03 AM CT

It's now down to 2% APY as of this morning per the CSR at the branch in Southlake, Texas.

Banking Guy - #6, Monday, December 14, 2009 - 10:15 AM CT

Thanks for the update. I also confirmed it with an Austin branch so it looks widespread. Unfortunately, 2% is still competitive for an 11-month term.

Anonymous - #7, Thursday, December 17, 2009 - 12:56 PM CT

Confirming that the rate has also dropped to 2.0% in Florida as of Dec 14.

Banking Guy - #8, Thursday, December 17, 2009 - 2:09 PM CT

Thanks for confirming this for Florida. Looks like it's probably for all branches. At least they didn't lower it below 2%. Unfortunately, in today's environment 2% for 11 months is still quite competitive.