2.85% 18-Month Online CD & Other Competitive CD Rates at Community Banks of Colorado - CO Only

POSTED ON BY

Community Banks of Colorado is offering three competitive CD rates: 2.85% APY for 18 months, 2.50% APY for 12 months and 2.20% APY for 6 months. Minimum deposit is $1,000. They also offer Jumbo CDs with rates 10 basis points higher. Minimum deposit for the Jumbo is $100,000. These rates are listed in the product information section of the bank's online application as of 4/08/09. When you select the CD tab and click on the Jumbo Time CD or the Time CD, the rates appear.

The link to the online application is located on the bank's home page. It appears to allow you to fund the CD via an ACH transfer from an account at your current bank. The first page of the application states that you must be a Colorado resident.

This online application appears to be new. When I last posted on this bank in January, a branch visit was required to open an account. Branches are located in several Colorado cities including Denver, Alamosa, Greenwood Village, Buena Vista, San Luis, Avon, Glenwood Springs, Durango, Aspen and Pueblo.

The bank has fair ratings for soundness: 3 stars (adequate) at BauerFinancial (based on 12/31/08 data) and 3 stars (performing) at Bankrate (based on 9/30/08 data). The bank has been FDIC insured since 1973 (FDIC Certificate # 21132).

Other High Certificate of Deposit Rates

For top CD rates nationally available, refer to my weekly rate summary. Many of the best CD deals are only locally available. To find the best deals in your state, refer to the index of state CD and bank deals.
Comments
3.30% 18-Month CD & 3.10% 9-Month CD at Community Banks of Colorado
Community Banks of Colorado is offering four special CD rates: 3.30% APY 18-month, 3.20% APY 12-month, 3.10% APY 9-month and 3.00% APY 6-month. Minimum deposit is $1,000. These rates don't seem to be listed at the bank's website. It was advertised in the 1/24/2009 Denver Post. The ad is available online. When I checked with this bank last month, I was told Jumbo CDs are available with rates 10 basis points higher. Jumbo minimum deposit is $100K.

My last post on this bank in December shows how fast rates have fallen....

Continue Reading
4.20% 12-Month & 4.10% 9-Month CD at Community Banks of Colorado
Update 1/25/09: Rates have gone down. Refer to this post for new CD specials as of 1/25/09. Check with the bank for the latest rates.

Community Banks of Colorado is offering four special CD rates: 4.30% APY 18-month, 4.20% APY 12-month, 4.10% APY 9-month and 4.00% APY 6-month. Minimum deposit is $1,000. These rates don't seem to be listed at the bank's website. It was advertised in the 12/12/08 Denver Post. The ad is available online here. I called yesterday afternoon (12/15/08), and I was told that these special rates are...

Continue Reading
4.30% 12-Month / 4.15% 6-Month CD at a Colorado Bank (Community Banks of Colorado)
Community Banks of Colorado is offering two very attractive rates for its CDs, a 4.30% APY 12-month CD and a 4.15% APY 6-month CD. The minimum deposit is $2,000. This doesn't seem to be listed at the bank's website. It was advertised in today's Denver Post. The ad is available online.

This special appears to require a branch visit. The ad states that you can visit any of their Colorado banks for details. Branches are located in several Colorado cities including Denver, Alamosa, Greenwood Village, Buena Vista, San Luis, Avon, Glenwood...

Continue Reading
5.00% 24-Month CD at a Colorado Bank (Community Banks of Colorado).
Update 2/2/08: This CD special has ended.

Community Banks of Colorado is advertising a Pick-Your-Term certificate of deposit with a yield of 5% APY. Any terms from 9 to 24 months can be selected. The minimum deposit is $1,000. The offer is scheduled to last through 1/31/2008. This special doesn't seem to be listed at the bank's website. It was advertised in today's Denver Post newspaper. The ad is available online.

The ad lists the Colorado locations in Denver and Greenwood Village, Colorado. The bank also has branches in many other cities...



Continue Reading