Competitive CD Rates at MidCoast Community Bank in Delaware - Local Only

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APYMINMAXINSTITUTIONPRODUCTDETAILS
1.30%--MidCoast Community Bank60 Month CD
1.30%--MidCoast Community BankBusiness 60 Month CD
1.00%--MidCoast Community Bank42 Month CD
1.00%--MidCoast Community BankBusiness 42 Month CD
0.50%--MidCoast Community Bank12 Month CD
0.50%--MidCoast Community BankBusiness 12 Month CD
0.25%--MidCoast Community Bank6 Month CD
0.25%--MidCoast Community Bank7 Month CD
0.25%--MidCoast Community Bank8 Month CD
0.25%--MidCoast Community Bank9 Month CD
0.25%--MidCoast Community Bank10 Month CD
0.25%--MidCoast Community Bank11 Month CD
0.25%--MidCoast Community BankBusiness 6 Month CD
0.25%--MidCoast Community BankBusiness 7 Month CD
0.25%--MidCoast Community BankBusiness 8 Month CD
0.25%--MidCoast Community BankBusiness 9 Month CD
0.25%--MidCoast Community BankBusiness 10 Month CD
0.25%--MidCoast Community BankBusiness 11 Month CD
Accounts mentioned in this post. Rates as of July 24, 2016.

MidCoast Community Bank is once again offering a top rate on its short-term CDs. The rate is 1.45% APY for terms from 6 to 12 months. Most of the longer-term CD rates are not quite as competitive. However, the CDs with terms over 3 years are pretty good. There's a 1.80% APY 42-month CD and a 2.25% APY 5-year CD. Minimum deposit is $500. These rates are listed in the bank's rates page as of 10/25/2011.

It appears that a branch visit is required to open an account. MidCoasat Community Bank branches are located in Dover and Wilmington, Delaware.

Midcoast Community Bank has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas Ratio of 5.09% (excellent) based on June 2011 data. Please refer to our financial overview of MidCoast Community Bank for more details. The bank has been a FDIC member since 2007 (FDIC Certificate # 58498).

How These Compare

It's hard to find short-term CD rates above one percent these days. The best nationally available short-term CD deal is at Ally Bank which offers an 11-month No-Penalty CD with a 1.01% APY. Since this is a no-penalty CD, it can be compared to any CD maturity from 7 days to 11 months.

The best nationally available 5-year CD rate at a bank is 2.20% APY at First Internet Bank. Higher rates are available at credit unions. The best nationally available 5-year CD rate at a credit union is 2.68% APY at Melrose Credit Union.

Searching for Top CD Rates

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

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Higher Short-Term CD Rates at MidCoast Community Bank in Delaware - Local Only

Update 6/23/11: The CD rates have fallen.

MidCoast Community Bank has just made a nice bump-up in its short-term CD rates. The CDs with terms of 6 to 9 months now have a 1.35% APY. Minimum deposit is $500. These rates are listed in the bank's rates page as of 6/7/2011.

It appears that a branch visit is required to open an account. MidCoasat Community Bank branches are located in Dover and Wilmington, Delaware.

Midcoast Community Bank has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas...



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Competitive Short-Term CD Rates at MidCoast Community Bank in Delaware - Local Only

MidCoast Community Bank is offering a very competitive rate on its short-term CDs. For terms from 6 months to 12 months the CD yield is 1.00% APY. Minimum deposit is $500. These CDs are listed at the bank's rates page as of 12/21/2010.

It appears that a branch visit is required to open an account. Branches are located in Wilmington and Dover, Delaware.

As a comparison to internet banks on 12/21/2010, the best 6-month CD rate is 1.11% APY at Aurora Bank FSB. ING Direct's 6-month CD rate is only 0.75%. Both...



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2.25% CD for Terms of 3 to 11 Months at MidCoast Community Bank - Local Only
MidCoast Community Bank is offering a very competitive rate on its short-term CDs. For terms from 3 months to 11 months the CD yield is 2.25% APY. Minimum deposit is $500. CDs are available as both personal and business accounts. These CDs are listed at the bank's rates page as of 12/15/09.

It appears that a branch visit is required to open an account. Remember to call before driving a long distance to make sure they accept non-local deposits. Branches are located in Wilmington and Dover, Delaware.

The bank has a history...



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2.05% 7-Month CD at MidCoast Community Bank in Delaware - Local Only
MidCoast Community Bank is offering some competitive short-term CDs. These include a 1.90% APY 3-month CD, a 2.00% APY 6-month CD, a 2.05 APY for terms of 7 to 10 months, and a 2.10% APY for terms of 11 to 18 months. Minimum deposit is $500. The rates are available for both business accounts and IRAs. The above rates are listed at the bank's rates page as of 7/30/09.

I last posted on this bank in September 2008. Since then the bank has maintained competitive rates on its Gold Interest Checking...

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5.15% 48-Month / 4.75% 30-Month CD at a Delaware Bank (MidCoast Community)
MidCoast Community Bank is offering some competitive long-term CD rates. Below is a list of the most competitive rates:
  • 4.35% APY 18-month
  • 4.45% APY 24-month
  • 4.75% APY 30-month
  • 5.15% APY 48-month
  • 5.25% APY 60-month
The minimum deposit is $500. These are available as an IRA CD and a business CD.

Money Market and Checking Deals

In addition to the CDs, the bank has some good deals on checking and money market accounts. The rates are competitive for a brick-and-mortar bank. The money market account has a yield of 3.35% APY for a minimum balance of $7,500, and the...




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