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Virtual Bank Raises 5-Year CD Rate

Thursday, May 1, 2014 - 6:47 AMVirtual Bank - Details
VirtualBank, the Florida-based online division of Sabadell United Bank, raised the yield on its 5-year CD by nearly three-tenths of a percentage point.

2.28% interest rate 2.31% APY with a minimum $10,000 to open the account.

VirtualBank is owned by Sabadell United Bank, which has 23 branches in Florida. VirtualBankā€™s former owner, Lydian Private Bank, failed in 2011 and Sabadell acquired its deposits.

Compare Online CD (Certificate of Deposit) Rates | VirtualBank
5
ShorebreakShorebreak2,700 posts since
Apr 6, 2010
Rep Points: 14,636
1. Thursday, May 1, 2014 - 7:03 AM
Thanks Shorebreak. I just did a blog post on this.

It's nice to see VirtualBank offering some competitive rates. It has been a long time since we've seen that.
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Ken TuminKen Tumin5,473 posts since
Nov 29, 2009
Rep Points: 125,800
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