Higher Long-Term CD Rates at Home Loan Investment Bank in Rhode Island


Home Loan Investment Bank raised its long-term CD rates last week, and now its 5-year and 3-year CD and IRA CD rates are very competitive. Its 5-year CD has a 2.00% APY, and its 3-year CD has a 1.50% APY. Minimum deposit is $1,000. These rates are listed in the bank’s CD page as of 7/29/2013. According to the small print at the bottom of this page rates apply only to residents of RI, MA and CT.

If you’re interested in these CDs, please refer to the bank’s contact page where they list the bank’s phone numbers and email address.

The bank has branches in Providence and Warwick, Rhode Island.

The bank's overall health score is 4 stars (out of 5) with a Texas Ratio of 24.29% (average) based on March 2013 data. Please refer to our financial overview of Home Loan Investment Bank for more details. The bank has been a FDIC member since 1994 (FDIC Certificate # 27417).

How These CD Rates Compare

2% 5-year CDs have become more common in the last month. As I mentioned on Friday there are three internet banks that offer these with the best yield being 2.06% APY at EverBank as of 7/29/2013.

To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.

Related Pages: Home Loan Investment Bank, F.S.B., Providence, CD rates


Top 4-Year CD Rate at Home Loan Investment Bank in Rhode Island - Local Only

Home Loan Investment Bank is advertising three competitive CD rates. The best deal is the 4-year CD with a 2.50% APY. The others are a 2.75% APY 5-year CD and a 2.00% APY 3-year CD. Minimum deposit is $1,000. These rates were advertised in today's (4/17/2011) The Providence Journal. The ad is available online here. The 5-year and 3-year rates are also listed on the bank's home page as of 4/17/2011.

It appears that a branch visit is required to open an account. Home Loan Investment Bank branches are located in...

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Competitive 3-Year CD at Home Loan Investment Bank in Rhode Island

Home Loan Investment Bank, F.S.B. is advertising two special CDs. The best deal is the 3-year CD which has a 2.50% APY. The other one is a 1.75% APY 2-year CD. Minimum deposit is $1,000. Both have a bump-up option which allows for a one-time increase in the CD rate to the current bump up CD rate. These bump-up options are rarely useful, but in this case the 3-year CD rate is still quite competitive even without any special feature. These specials don't seem to be shown at the bank's...

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