4.14% 7-Month CD at a Tennessee Bank (Oakland Deposit)

POSTED ON BY

Oakland Deposit Bank is advertising a special 4.14% APY 7-month CD. The minimum deposit is $1,000, and new money is required. This special doesn't seem to be listed at the bank's website. It was advertised in last Friday's Memphis newspaper. The ad is available online here.

It appears to require a branch visit to open an account. Branches are located in Oakland, Arlington and Somerville, TN.

It has some pretty good financial ratings: 4-star rating (excellent) at BauerFinancial and a 3-star rating (performing) at Bankrate.com. Both are based on 3/31/08 data. The bank has been FDIC insured since 1934 (FDIC Certificate # 10320).
Comments
4.04% 4-Month CD at a Tennessee Bank (Clayton Bank and Trust)
Clayton Bank and Trust is advertising a 4.04% APY 4-month CD. The minimum deposit is $400, and the maximum deposit is $400,000. This special doesn't seem to be listed at the bank's website. It was advertised in today's Knoxville News Sentinel. The ad is available online here.

It appears this special requires a branch visit. The ad lists the branches in Downtown Knoxville (620 Market St.) and in West Knoxville (10216 Kingston Pike). The bank also has branches in other parts of Tennessee including the cities of Lexington, Henderson and Jackson....

Continue Reading
5.05% 5-Month CD at a Tennessee Bank
Clayton Bank and Trust is offering a special 5.05% APY 5-month CD with only a $5 minimum and a 5 month renewal. The special was advertised in yesterday's Knoxville News Sentinel and is also mentioned on the bank's home page.

The bank has two branches in Knoxville, Tennessee.

Continue Reading