5.06% 6-Month CD at Clarkston State Bank in Michigan

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Clarkston State Bank is offering a special 5.06% APY 6-month CD. The minimum deposit is $500. This is listed at the top of the bank's CD rate table.

It appears that a branch visit may be required to open new accounts. Branches are located in Waterford and Clarkston, Michigan which are located between Detroit and Flint.

The bank's financial ratings for soundness are weak: 1 star (troubled) at BauerFinancial and 1 star (lowest) at Bankrate.com. Both are based on 6/30/08 data. The bank has been FDIC insured since 1998 (FDIC Certificate # 34957).
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4.84% 24-Month CD at Clarkston State Bank in Michigan
Clarkston State Bank is offering a very competitive special 24-month CD with a yield of 4.84% APY. The minimum deposit is $500.

It appears that a branch visit may be required for new customers. Branches are located in the Michigan cities of Clarkston and Waterford.

The bank doesn't appear to have the best financial health. BauerFinancial gives it a 1 star (troubled) based on 3/31/08 data. As I recommend with any bank, make sure you stay under the FDIC limits. The bank has been FDIC insured since 1998 (FDIC Certificate #...



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