1.88% 6-Month CD at United Pacific Bank in California - Local Only


United Pacific Bank is offering some competitive short-term CD rates. These include a 1.68% APY CD for terms of 90 to 179 days and a 1.88% APY for terms of 180 days to 18 months. Minimum deposit is $2,500, and they are available for both personal and business accounts. The rates are listed at the bank's deposit rates page as of 10/27/09.

I'm not happy on reporting on competitive CD rates under 2%, but in today's environment, I'm afraid these are competitive for terms under one year. If you think interest rates are going to head up next year, you may want to settle for lower rates on shorter terms.

It appears that a branch visit is required to open an account. Branches are located in City of Industry and Monterey Park, California.

The bank's ratings for safety and soundness are fair to above average: 4 stars (excellent) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 6/30/09 financial data. The bank has been a FDIC member since 1982 (FDIC Certificate # 23805).

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Related Pages: United Pacific Bank, Los Angeles, CD rates