4.00% 4-Year CD at First Community Bank in Corpus Christi Texas - Local Only
First Community Bank is offering three CD specials: a 2% APY 2-year CD, a 3% APY 3-year CD and a 4% APY 4-year CD. Minimum deposit is $1,000. The CDs also allow a rate bump for the first 24 months. These specials are listed on the bank's home page in the main image as of 4/11/2010.
It appears a branch visit is required to open an account. Branches are located in Corpus Christi, Texas and in a few nearby cities.
The bank's ratings for safety and soundness are strong: 4 stars (excellent) at BauerFinancial (based on 12/31/09 data) and 4 stars (sound) at Bankrate.com (based on 9/30/09 data). The bank has been a FDIC member since 1983 (FDIC Certificate # 24353).
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You can't even find a 3% 4-year CD at Bankrate these days. The highest 4-year CD at Bankrate.com is currently 2.91% APY at EverBank. You can find higher rates in the CD rates section of DepositAccounts.com. The tables now have a new & improved format!
Too bad its always "local" somewhere else, I have yet to see anything like this in my area. If I did I'd go for it and stop looking anymore. The only banks i have here, and deal with are Suntrust, BBT, Wells Fargo, and my local CU, NONE of which have rates like this.