17-Month CD Special at Community Bank of Broward in Florida - Local Only


Community Bank of Broward has a competitive 17-month CD special with a 2.35% APY. Minimum deposit is $5,000. This special doesn't seem to be listed at the bank's website. A reader mentioned it to me, and I just called this morning (1/27/2010) for additional details. According to the CSR, there are no other requirements. She wasn't sure how much longer it would last. They began offering it last Friday.

A branch visit is required to open an account. Branches are located in several cities in Broward County including Hollywood and Fort Lauderdale.

The bank's ratings for safety and soundness are above average: 4 stars (exellent) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 9/30/09 data. I was happy to see these respectable ratings for a Florida bank with a high CD rate. The bank has been a FDIC member since 2002 (FDIC Certificate # 57300).