EXPIRED: 2.17% 12-Month CD at Town & Country Bank in Las Vegas - Local Only
POSTED ON BY Ken Tumin
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Update: These rates have expired.Town & Country Bank is offering a 2.17% APY CD for terms of 12 to 17 months. This is also available in an IRA, but the rate is much higher at 2.42% APY. They also have a competitive rate for short-term CDs. It's 1.79% APY for terms of 3 to 11 months. Minimum deposit is $25,000. Lower rates are available for a $500 minimum deposit. These rates are listed in the bank's rates page as of 9/18/09.
It appears that a branch visit is required to open an account. Branches are located in Las Vegas, Nevada.
The bank's ratings for safety and soundness are average: 3 stars (adequate) at BauerFinancial (based on 6/30/09 data) and 3 stars (performing) at Bankrate.com (based on 3/31/09 data). The bank has been a FDIC member since 2002 (FDIC Certificate # 57312).
Health of Las Vegas Banks
Town & Country is one of the stronger banks in Las Vegas. This Las Vegas Review-Journal article reported on the health of Las Vegas banks. Five of them now have zero-star ratings at BauerFinancial.
Other Competitive Certificate of Deposit Rates