Mountain View Bank of Commerce (CO) Offers Top Rate 18-month CD - Local

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Colorado residents

Mountain View Bank of Commerce (Mountain View) raised the rate today on its 18-month CD (1.25% APY). This is the first substantial rate increase for this CD in two years.

The minimum opening deposit is $1K and there is no maximum balance cap. According to a very cheerful and helpful CSR, the Early Withdrawal Penalty is a considerable 12 months interest.

APYMINMAXINSTITUTIONPRODUCTDETAILS
1.26%$1k-Mountain View Bank of Commerce18 Month CD
Accounts mentioned in this post. Rates as of September 27, 2016.

Availability

Located in suburban Denver, Mountain View Bank of Commerce is a full-service bank offering its product line and services to residents of Colorado.

CSR stated that the initial account opening at Mountain View requires an in-person visit to the sole branch in Westminster, but once all the pertinent information is on file at the Bank, further transactions can be done through the mail, fax, or e-mail. At this time, Mountain View’s online banking services are limited to bill payment and existing account management.

N.B. There is a Mountain View Bank located in Colorado Springs, which is separate financial institution with no relationship to Mountain View Bank of Commerce.

Bank Overview

Mountain View Bank of Commerce has an overall health rating of "B+" at DepositAccounts.com, with a Texas Ratio of 7.67% (excellent), as of September 30, 2014. Mountain View has an excellent capitalization level of 13.67%, a result of holding assets of $66.05 Million, with $9.03 Million in equity. Please refer to our financial overview of Mountain View Bank of Commerce for more details.

Mountain View Bank of Commerce (FDIC Certificate # 58772) is a young bank, having been founded in 2008 by J. Andy Ellison, the current President and CEO. As a community oriented bank, Mountain View’s mission statement reads:

Make the community in which we live and work a better place by helping local business owners achieve and sustain economic success.

How the CD Compares

When compared to similar length of term CDs tracked by DepositAccounts.com, with similar deposit requirements and available to Colorado residents, Mountain View Bank of Commerce’s 18-month CD is quite competitive:

The above rates are accurate as of 12/30/2014.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.

Comments
Top CD Rates in Colorado at Mountain View Bank of Commerce - Local Only

Mountain View Bank of Commerce is listing several competitive CD rates. The two most competitive CDs are 2.03% APY for 3 years and 2.35% APY for 4 years. Minimum deposit is $1,000, and the maximum deposit is $100,000. These rates are listed in the bank's rates page as of 1/25/2012.

It appears that a branch visit is required to open accounts. It's a small bank with one office located in Westminster, Colorado which is just north of Denver.

The bank has an overall health score at DepositAccounts.com of 4 stars (out of...



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Top Savings Account and CD Rates at Mountain View Bank of Commerce in CO - Local Only

Mountain View Bank of Commerce is offering several deposit account deals. The first is a savings account with a 1.52% APY for balances of at least $1,000. The rate falls to 0.60% for smaller balances. The Health Savings Account is also a good deal with a 2.43% APY on balances of at least $10,000. For balances from $3,000 to $10,000 the yield is 1.92%. These rates are listed in the savings account tab of the bank's rate page as of 8/29/2010.

The bank's Shareholder Premium Money Market Deposit Account is a...

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