3.70% 6-Month CD at a Tampa Florida Bank (Pilot).


Update 5/24/08: The CD special is no longer listed at the bank's website. Please check with the bank for the latest CD rates and specials.

Pilot Bank is offering a special 3.70% APY 6-month CD. The minimum deposit is $2,500, and the maximum is just under $100,000.

It appears they require a branch visit to open the CD. Branches are located in the Florida cities of Tampa, Brandon and Lakeland. The bank has been FDIC insured since 1987 (FDIC Certificate # 27045).

Other High Certificate of Deposit Rates

As I mentioned yesterday, the 3.70% yield for a 6-month term isn't great, but it is competitive in today's rate environment. The best nationwide 6-month CD currently available at a federally insured institution is 3.75% APY at Corus Bank and Countrywide Bank. A credit union that's easy to join but lacks federal insurance (only has ASI) is offering a 4% APY 7-month CD for new members. For more CD rates and the links to these CDs, please refer to my Saturday rates summary.
Related Pages: Pilot Bank, Tampa, CD rates