Top Long-Term CD Rates at Fidelity Bank of Florida - Local Only

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Fidelity Bank of Florida did something that's rare these days. They increased their CD rates. The largest bump was in the 4-year CD rate which increased 45 basis points to 3.45% APY. The 5-year CD rate went up by 10 basis points to 3.75% APY. Minimum deposit is $10,000 ($4,000 for an IRA CD). These rates are listed at the bank's rates page as of the morning of 1/19/2010.

It appears that a branch visit is required to open an account. Branches are located in the Central Florida cities of Merritt Island, Longwood and Port Richey.

On the downside, the bank's financial ratings for safety and soundness continue to be weak: 1 star (lowest) at Bankrate.com (based on 6/30/09 data) and 2 stars (problematic) at BauerFinancial (based on 9/30/09 data). The bank has been a FDIC member since 1990 (FDIC Certificate # 33198).

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3.65% 60-Month CD at Fidelity Bank of Florida - Local Only
Fidelity Bank of Florida continues to offer competitive long-term CD rates. The rates have gone down a bit since my October post, but they remain competitive. The best two are the 3.65% APY 5-year CD and the 3.00% APY 48-month CD. Minimum deposit is $10,000 and $4,000 for an IRA CD. These rates are listed at the bank's rates page as of 11/30/09.

It appears that a branch visit is required to open an account. Branches are located in the Central Florida cities of Merritt Island, Longwood and Port Richey.

The bank's...



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3.75% 60-Month CD at Fidelity Bank of Florida - Local Only
Fidelity Bank of Florida continues to offer very competitive long-term CD rates. The best two are the 3.75% APY 5-year CD and the 3.45% APY 48-month CD. Minimum deposit is $10,000 and $4,000 for an IRA CD. The bank also has competitive rates on its NOW Checking and tiered money market account. The money market account has rates up to 1.75% APY for a $100K balance. The APY had been 2% in July. These rates are listed at the bank's rates page as of 10/02/09.

It appears that a branch visit...

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4.00% 60-Month CD Continues at Fidelity Bank of Florida - Local Only
Update 8/01/09: The 60-month CD rate has fallen to 3.75% APY. Please check the bank's website for the latest rates.

Fidelity Bank of Florida continues to offer a 5-year CD with a 4.00% APY. Minimum deposit is $10,000 and $4,000 for an IRA CD. The bank also has competitive rates on its NOW Checking and tiered money market account. The money market account has rates up to 2.00% APY for a $100K balance. These rates are listed at the bank's rates page as of 7/23/09.

My last post on this CD was...



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4.00% 60-Month CD at Fidelity Bank of Florida - Local Only
Fidelity Bank of Florida is offering a special 5-year CD with a 4.00% APY. Minimum deposit is $10,000 and $4,000 for an IRA CD. The bank also has competitive rates on its NOW Checking and tiered money market account. The money market account has rates up to 2.00% APY for a $100K balance. These rates are listed at the bank's rates page as of 5/19/09.

It appears that a branch visit is required to open an account. Branches are located in the Central Florida cities of Merritt Island, Longwood and Port...

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4.80% 12-Month CD at Fidelity Bank of Florida.
Update: 9/19/08: The 4.80% CD special has ended.

Fidelity Bank of Florida is offering a yield of 4.80% APY for terms 12, 18 and 24 months. The minimum deposit is $10,000. These are also available in an IRA with a $4,000 minimum.

It appears that a branch visit may be required to open an account. Branches are located in the Central Florida cities of Merritt Island, Longwood and Port Richey.

The bank has some decent financial ratings for soundness: 4 stars (sound) at Bankrate.com and 3.5 stars (good) at BauerFinancial. Both are based...





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