5.75% 60-Month CD at a Wisconsin Bank (Cashton)


Bank of Cashton has a 5-year certificate of deposit with a rate of 5.75% APY. The minimum is $5,000. I called the bank at 608-654-5121 (note their toll-free number is all automated) for further details. The early withdrawal penalty is 3 months of interest. It's not available in an IRA. Their IRA's have lower rates. The CSR said that they may be able to open the account by mail, but wasn't sure about out-of-state deposits.

The bank is located in Cashton, Wisconsin.

The bank has been FDIC insured since 1934. It's a small bank with only 14 employees so they may not be able to handle out-of-state deposits. It has a safe and sound rating of 3 out of 5 stars (performing) at Bankrate.com.


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