5.90% 72-Month CD at a Missouri Bank - and 6.11% IRA (Garden City).

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Update 9/22/07: CD rates have gone down. Please check bank's website for latest rates.

Garden City Bank continues to offer very competitive rates on its long term certificates of deposit. The high rates include a 5.90% APY for a 72-month CD and a 5.64% APY for a 60-month CD. The minimum deposit is $100. They're also advertising a special 6-year IRA CD with a yield of 6.11% APY.

Garden City Bank has been offering these rates through out 2007 and for much of 2006. My last report on them was in May. For awhile they were taking out-of-state deposits, but a reader left a comment in January stating that this has ended. Another reader just left a comment in the May post saying that he had just opened a CD at the bank. It was a long drive, but he was pleased with the customer service and the high rates.

The bank is located in Garden City, Missouri which is about 30 miles southeast of Kansas City. It has been FDIC insured since 1934 (FDIC Certificate # 8283).
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5.90% 72-Month CD at a Missouri Bank - and 6.11% IRA (Garden City)
Garden City Bank continues to offer very competitive rates on its long term certificates of deposit. The high rates include a 5.90% APY for a 72-month CD and a 5.64% APY for a 60-month CD. The minimum deposit is $100. They're also advertising a special 6-year IRA CD with a yield of 6.11% APY.

Garden City Bank has been offering these rates through out 2007 and for much of 2006. My last report on them was in November. For awhile they were taking out-of-state deposits, but a reader left a comment...

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5.90% 72-Month CD at a Missouri Bank (Garden City)
Garden City Bank is offering a 5.90% APY 72-month certificate of deposit. The 60-month CD is also competitive at 5.64% APY. These have a minimum of $100. There's also a special Fall CD with a rate of 5.60% APY with a 13 month term and a $1,000 minimum.

The 5.90% CD has been available for much of this year. Earlier this year, I hadn't considered it that great of a deal while rates were still rising. But now that rates seem to have peaked and with long-term CD rates at many...

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