5.70% 18-Month / 5.60% 12-Month CD at a Colorado Bank (New Frontier).

POSTED ON BY

Update 4/10/09: The bank has been closed by regulators. Please refer to this post for more details.


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

New Frontier Bank has some nice rates on its certificates of deposit. The best is an 18-month CD with a yield of 5.70% APY. The 12-month CD has a yield of 5.60% APY. The minimum deposit is $1,000. These also have an Add-On feature that allows additional deposits of at least $1K to be made during the term. The maximum that can be added is $100K per term. The 12-month CD also has a step-up feature with a minimum deposit of $25K. This gives you the option to bump up the rate to the current rate being offered up to two times during the term.

Only in-state funds are accepted. Branches are located in the Colorado cities of Greeley, Windsor and Longmont which are located north of Denver. The bank has been FDIC insured since 1998 (FDIC Certificate # 34881).
Comments
5.55% 18-Month / 5.45% 12-Month CD at a Colorado Bank (New Frontier)
Update 4/10/09: The bank has been closed by regulators. Please refer to this post for more details.

New Frontier Bank continues to offer competitive CD rates although the rates have fallen since my August post. The current best rate is 5.55% APY for an 18-month term. The 12-month CD has a yield of 5.45% APY. The minimum deposit is $1,000. These also have an Add-On feature that allows additional deposits of at least $1K to be made during the term. The maximum that can be added is $100K per term. The...

Continue Reading
5.30% 12-Month CD at a Colorado Bank (New Frontier).
Update 4/10/09: The bank has been closed by regulators. Please refer to this post for more details.

Update 2/16/08: The special CD rates have gone down. Please check the bank's website for the latest rates.

New Frontier Bank is offering a special 5.30% APY 12-month certificate of deposit. The minimum deposit is $1,000, and the maximum is $95,000. This special is listed in the bank's CD rate table, and the date listed at the bottom is 2/08/2008, so hopefully this special will last for a while.

Only in-state funds are accepted. Branches are...





Continue Reading
1.22% Reward Checking Account at a Colorado Bank (New Frontier)
Update 4/10/09: The bank has been closed by regulators. Please refer to this post for more details.

Update 3/10/09: The top rate has plummeted to 1.22% APY. See bottom of post for the rate history.

New Frontier Bank has started a reward checking account it calls e-Power Checking. It pays 1.22% APY on balances up to $50,000 (and also 1.22% for above) if the following monthly requirements are met: 1) 12 debit card purchases, 2) one automatic payment or direct deposit, 3) receive electronic statement, and 4) log into online banking. If...



Continue Reading
5.00% 12-Month / 4.80% 60-Month CD at a Colorado Bank (New Frontier).
Update 4/10/09: The bank has been closed by regulators. Please refer to this post for more details.

Update 3/8/08: The CD rates have fallen. Please check the bank's website for the latest rates.

New Frontier Bank has changed its CD promotion. The yield on the 12-month CD special has gone down from 5.30% to 5.00% APY. The bank has also added a special 9-month CD with a yield of 5.10% APY and a special 60-month CD with a yield of 4.80% APY. The minimum deposit is $1,000, and the maximum is $95,000....



Continue Reading
4.50% 12-Month / 4.65% 60-Month CD at a Colorado Bank (New Frontier).
Update 4/10/09: The bank has been closed by regulators. Please refer to this post for more details.

Update 5/17/08: These CD specials have ended.

Update 4/19/08: The rates actually went up! The new rates for these specials include: 4.65% APY 60-month, 4.50% APY 12-month and 4.25% APY 9-month. The title has been modified to reflect this change.

New Frontier Bank has some high rates on its special CDs. The rates are down from my February post, but they're still competitive. The specials include a 3.90% APY 9-month CD, a 4.10% APY 12-month CD...





Continue Reading

More Past Offers