3.85% 13-Month CD at The Village Bank in Southern Utah


The Village Bank is offering several competitive deposit rates. The most competitive CD rates include a 2.99% APY 6-month CD, a 3.85% APY 13-month CD and a 3.19% APY 24-month CD. Minimum deposit is $1,000 for the 13-month term and $500 for the other terms. The same 13-month CD is available as an IRA. Other IRA CD terms have rates 0.25% higher than the regular CDs. These rates are listed in the bank's CD rate table as of 3/05/09.

The bank also has a competitive rate on its eMarket account. The rate is 2.65% APY on balances of $2,500 and above. Under $2,500, the rate is 1.25% APY. These rates are listed in the bank's eMarket rate table as of 3/05/09. Details of this account are described in this eMarket Account Page. There's also an online application.

According to the bank representative, new accounts are limited to those living in the bank's market area. This is in Southern Utah. Branches are located in St. George and Washington, Utah.

The Village Bank has some strong ratings for safety and soundness: 4 stars (excellent) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 9/30/08 financial data. The bank has been FDIC insured since 1996 (FDIC Certificate # 34219).
Anonymous   |     |   Comment #1
I don't know why we have to read all the way to the end of the 3rd para before we find it's only good in a fly speck of a place - why can't you put the area in a sub heading so it's obvious.
Anonymous   |     |   Comment #2
That was an uncalled for comment. Anyone who reads this blog on a regular basis knows that generally, ALL little dinky banks and CU's are generally in the middle of nowhere. DUH! It goes with the turf. If you live somewhat nearby, then all the more "money power" to you. If not, well, watch and hope that banks & CU's in your area will duplicate the success of other dinky's. This is not rocket science. The writer of this blog does his absolute bestto serve his readers. Lets give him kudos and credits and not little nit-picky criticisms! He's doing a fabulous job and I dote on his work. GOOD JOB and keep up the great work!
Anonymous   |     |   Comment #3
Also, when there is a CD rate that is nationally available Banking Guy puts that in the title of the post. (ie = March 3's post on GMAC: http://bankdeals.blogspot.com/2009/03/review-of-gmac-bank-and-its-12-month-cd.html )

If it bothers you that much perhaps you should look on your own for CD rates... Then maybe you'll realize how much time you save by reading a paragraph or two on this blog.
Anonymous   |     |   Comment #4
This is for the 1st poster here. Why would you want to **** about something that is free. In the fly speck place that I come from we had a comment for people like you. He's got a lunch pail in each hand and he is still ****ing. Banking Guy should charge for this great site. I bet you would scream like a stuck pig then