Special CD Rates at Raymond Federal Bank in WA State - Local Only

POSTED ON BY

APYMINMAXINSTITUTIONPRODUCTDETAILS
0.19*%$50k-Raymond Federal Bank15 Month CD
Accounts mentioned in this post. Rates as of August 25, 2016.

Raymond Federal Bank is offering two CD specials with competitive rates. The two best rates are 1.74% APY for a 30-month CD and a 1.26% APY for a 15-month CD. Slightly lower rates are available for smaller deposits. For example, the rates for a $15K deposit are 1.69% APY for 30 months and 1.21% APY for 15 months. These rates are listed in the bank's rates page as of 6/16/2011.

Above the rate table, it states that "IRA accounts are available for all Terms" and that "there is a 90 day interest penalty for early withdrawal". This is a mild penalty for long-term CDs.

Local Availability Only

A reader who commented in a previous post on this bank said that the bank only opens accounts for those who live in their market area (Pacific County and adjacent counties).

Raymond Federal Bank branches are located in the Washington State cities of Raymond, Long Beach and South Bend.

The bank has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas Ratio of 4.09% (excellent) based on March 2011 data. Please refer to our financial overview of Raymond Federal Bank for more details. The bank has been a FDIC member since 1934 (FDIC Certificate # 28266).

Searching for the Best CD Rates

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

Comments


Competitive CD Rates at Raymond Federal Bank in WA State - Local Only

Raymond Federal Bank is offering some competitive CD rates. The most competitive is the 5-year CD with a 3.56% APY. Other notable ones include a 1.56% APY 1-year CD and a 2.63% APY 3-year CD. Minimum deposit is $50,000. Rates are only 5 basis points lower for a $15,000 minimum deposit. Additional lower rates are available for smaller deposits. These rates are listed in the bank's rates page as of 4/13/2010.

On top of the bank's rates page, it states that "there is a 90 day interest penalty for early withdrawal"....

Continue Reading
2.89% 7-Month CD & 3.05% Money Market at Raymond Federal Bank in Washington State - Local Only
Update 5/19/09: The rates have fallen. Please check the bank's website for the latest rates.

Raymond Federal Bank continues to offer competitive CD specials. The latest ones include a 7-month and 30-month CD. The 7-month CD yields range from 2.79% APY for a $100 minimum deposit to 2.94% APY for a $50,000 minimum. The 30-month CD yields range from 3.10% APY for a $100 minimum deposit to 3.25% APY for a $50,000 minimum. CDs are also available in an IRA.

The bank also has an attractive rate on its Premier Plus Money...



Continue Reading
3.14% 16-Month CD and Other High CD Rates at Raymond Federal Bank in Washington State
Raymond Federal Bank is offering a CD special with three competitive rates: 2.89% APY for 7 months, 3.14% APY for 16 months and 3.51% APY for 33 months. Minimum deposit is $15,000. Other rates are available for smaller and larger minimum deposits. These rates are listed in the bank's rate table as of 4/02/09.

The bank appears to require a branch visit to open accounts. Branches are located in the Washington State cities of Raymond, Long Beach and South Bend.

Raymond Federal Bank has a 5 star rating (superior) for safety...



Continue Reading
3.77% 8-Month CD at a Washington State Bank (Raymond Federal).
Update 5/17/08: The 8-month CD special has ended and has been replaced with a 33-month CD special. Please refer to the bank's website for the latest rates.

Raymond Federal Bank is offering a special 8-month CD with a yield up to 3.77% APY. This yield requires a minimum deposit of $50,000. Lower rates are available for smaller balances including a yield of 3.61% APY for a $100 minimum deposit.

The bank appears to require a branch visit to open accounts. Branches are located in the Washington State cities of Raymond, Long Beach...



Continue Reading