4.00% CD with Terms from 4 to 12 Months at Patriot Bank in Texas

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Update 10/13/08: The yield has dropped to 3.75% APY.

Patriot Bank has a CD special with some competitive short-term rates. The yield is 4.00% APY for all terms from 4 to 12 months. The 4% isn't that great for 12 months, but it's much more competitive for terms under 6 months. The minimum deposit is $10,000, and the maximum is $100,000. New money is required.

They are continuing to offer a special 4.00% APY savings account. The minimum balance for this yield is $50,000. They were advertising this 4% savings back in June.

Based on past reports from this bank, a branch visit to open accounts is likely to be required. Branches are located in the Texas cities of Dallas, Houston, Honey Grove and Ladonia. The bank has been FDIC insured since 1934 (FDIC Certificate # 3258).
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Duck
Duck (anonymous)   |     |   Comment #1
Update: It is now 3.75% for these terms
4.00% 15-Month / 4.10% 25-Month CD at a Texas Bank (Patriot).
Update 7/12/08: These CD specials have ended. Please check with the bank for the latest rates and specials.

Patriot Bank has increased the rates on its CD promotions since my post from last month. The largest increase was on the 15-month term. The rate increased 25 basis points to 4.00% APY. The 25-month CD special is now at 4.10% APY, and there's a new 13-month CD special with a yield of 3.85% APY. The minimum deposit is $10,000, and the maximum is $100,000. Funds must be new to the bank.

They are...



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4.00% 25-Month / 3.75% 15-Month CD at a Texas Bank (Patriot).
Update 6/14/08: The CD specials have changed. Please see the bank's website for the latest rates and specials.

Patriot Bank has a CD promotion with a 4.00% APY 25-month CD and a 3.75% APY 15-month CD. The minimum deposit is $10,000, and the maximum is $100,000. Funds must be new to the bank.

They're also offering a special 4.00% APY savings account. The minimum deposit is $50,000, and it requires the opening of a checking account with direct deposit and a debit card. Funds must also be new to the bank.

This bank...





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5.50% 3-Month CD at a Texas Bank - and 5.50% Savings Account (Patriot)
Patriot Bank is offering a special 5.50% APY 3-month certificate of deposit. The minimum deposit is $10,000, and the maximum is $100,000. Funds must be new to the bank.

They're also offering a special 5.50% APY savings account. The minimum deposit is $100, and the yield applies to all balances. However, the yield is subject to change at any time.

I haven't called, but based on their June 6% CD special, it's very likely that a branch visit is required.

Branches are located in the Texas cities of Dallas, Houston, Honey Grove and...





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6.00% 6-Month CD at a Texas Bank (Patriot)
Patriot Bank is advertising a 6.00% APY 6-month certificate of deposit. The minimum deposit is $10,000, and the maximum is $100,000. It requires money new to the bank, and is only available for consumer accounts. The offer is good through July 3, 2007. The special doesn't seem to be listed at the bank's website. It was advertised in today's Dallas Morning News. The ad is available online here.

Update:: The special CD is now listed at the bank's website at this page. A branch visit is required to open CD.

The...



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6.00% 6-Month CD at a Texas Bank
Patriot Bank is offering a promotional 6.00% APY 6-month certificate of deposit. The minimum opening deposit is $10K. The funds must be new to the bank and are for consumer accounts only. This special doesn't seem to be listed at the bank's website. It was advertised in today's Dallas Morning News. The ad is available online here.

The bank also has some other decent offers for a brick and mortar bank including a 4.80% APY savings account for balances over $10K and a 5.50% APY 12-month CD.

Patriot Bank has branches...



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