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iGObanking Slashes Their Long-Term CD Rates

Thursday, August 11, 2011 - 11:27 AMiGObanking - Details
Their 10-year and 7-year CD rates plummeted today:
  • 2.00% APY 10-year CD (was 3.25%)
  • 1.50% APY 7-year CD (was 2.75%)
It's interesting to note that these rates are lower than the bank's 5-year CD APY of 2.25%. But that's typical of iGObanking. They often go from competitive rates to very uncompetitive rates on certain terms. For example, their 12-month CD rates are only 0.25%.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634