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Monadnock 5-Year CD Rate: 151% APY

Wednesday, September 28, 2011 - 9:37 PMMonadnock Community Bank
...obvious error (it should be 1.51% APY) on their website as well as here.  Just something to wake us up and have a laugh:D
1
51hh51hh1,462 posts since
Jan 16, 2010
Rep Points: 6,352
1. Thursday, September 29, 2011 - 4:18 AM
thought was error, but 1.51% for 5 year?  geez, worse than insult...
1
ninissniniss59 posts since
Sep 22, 2010
Rep Points: 153
2. Thursday, September 29, 2011 - 5:18 AM
If you can get 151% apy for 5 years, I would suggest it's time to lock it in, but I have a feeling the bank probably won't honor that APY even though it's listed on their rate table ;-)

BTW, I've temporarily delisted the rates.
1
Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
Rep Points: 123,743
3. Thursday, September 29, 2011 - 9:43 AM
That 151%APY must be why they limit CDs to $100,000 per household according to their website.  :D 
1
pearlbrownpearlbrown1,356 posts since
Nov 2, 2010
Rep Points: 5,955
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