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Franklin Synergy Bank's eCD Yield Increased to 1.95%

Tuesday, March 23, 2010 - 7:53 PMFranklin Synergy Bank - Details
It's nice to see a rate hike for a change. Franklin Synergy Bank's eCD yield is now 1.95% APY (was 1.90%). It's not a big increase, but it's a whole lot better than a rate cut. Unfortunately, ther term increased from 12 to 15 months. The CD is available nationwide. I have more details on this bank and its eCD in my December Franklin Synergy Bank review.

Edit: Added the term change
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Ken TuminKen Tumin5,467 posts since
Nov 29, 2009
Rep Points: 124,996
1. Thursday, March 25, 2010 - 7:45 AM
This eCD is now offered at the 1.95% APY for 15 mo., not the 12 mo as indicated in this post.
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AnonymousAnonymous2,282 posts since
May 9, 2010
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2. Thursday, March 25, 2010 - 7:59 AM
Thanks. I had missed the term change. It's another example of how we need to be suspicious when we see a rate hike.
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Ken TuminKen Tumin5,467 posts since
Nov 29, 2009
Rep Points: 124,996
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