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CD Rate Decrease

Friday, December 3, 2010 - 3:54 PMFirst Choice Bank - Details
18 month (541 days+) 50k CD rate has dropped from 1.80 to 1.60 effective December 1, 2010
3
edmapedmap1 posts since
Dec 3, 2010
Rep Points: 3
1. Friday, December 3, 2010 - 5:34 PM
Thanks for the info. Coincidentally, I had just emailed them about their rates. For some reason they stopped listing the rates on their website. This means we can't automatically keep their rates updated daily. At least they were quick to respond. Below is a summary of the rates that I received:

CD rates for $50,000 minimum deposit as of 12/03/2010:

183-287 days (6-9 months)      APY: 1.10% APR: 1.09%
288-365 days (9-12 months)    APY: 1.25% APR: 1.24%
366-540 days (12-18 months)  APY: 1.35% APR: 1.34%
541-730 days (18-24 months)  APY: 1.60% APR: 1.59%
36 months                             APY: 1.90% APR: 1.88%
48 months                             APY: 2.10% APR: 2.08%
60 months                             APY: 2.40% APY: 2.37%
2
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,077
2. Thursday, June 16, 2011 - 1:14 PM
The rates are back up on their website at www.firstchoicebankca.com.
1
ann13ann131 posts since
Jun 16, 2011
Rep Points: 1
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