Bank of Hope is advertising some CD promos today:
•24 months: 1.80% APY
•18 months: 1.75% APY
•12 months: 1.65% APY
I do not see these listed at their Website. I saw this advertised in today's Los Angeles Times. I have posted that ad here:http://oi65.tinypic.com/2889gdd.jpg
I can't tell where this is offered, although obviously in the Los Angeles area because that is where the ad is. The bank operates branches in nine states: California, Washington, New York, New Jersey, Virginia, Illinois, Texas, Alabama and Georgia.
But from its Website, it apparently gives different rates in different areas, so I can't presume these promos are available in all of the states, but they might be. They are not even listed when doing a ZIP code search of Los Angeles at their Website.
These rates are for new money only. The CD requires minimum of $1,000, and there is a maximum of $200,000 per account (strange that they set the limit at $50,000 under the FDIC insurance level).
It says you must go into the branch to open the account.
There is a EWP, but I don't know what it is.
The promo started Nov. 4 and will end at any time.