Advertising Disclosure
Useful Resources

2.50% 24-Month & 2.10% 12-Month Jumbo CDs at Universal Bank in CA - Local Only

CommentsPost a Comment
POSTED ON BY

Universal Bank is offering competitive rates on its 1-year and 2-year CDs. They provide six interest rate tiers with the best rates available for a $100,000 minimum deposit: 2.10% APY for 1 year and 2.50% APY for 2 years. The rates for the lowest $1,000 tier are 1.90% APY for 1 year and 2.30% APY for 2 years. CDs are also available in an IRA. These rates are listed at the bank's rates page as of 11/25/09.

It appears that a branch visit is required to open an account. Branches are located in Los Angeles and Orange County.

Universal Bank's ratings for safety and soundness are a little weak: 2 stars (problematic) at BauerFinancial and 2 stars (below peer group) at Bankrate.com. Both ratings are based on 6/30/09 financial data. The bank has been a FDIC member since 1954 (FDIC Certificate # 30722).

Other High Certificate of Deposit Rates
Related Pages: Universal Bank, Los Angeles, CD rates, IRA rates

Comments
4.10% 12-Month CD at a California Bank (Universal).
Comments
POSTED ON SATURDAY, JULY 26, 2008 BY KEN TUMIN
Update 7/26/08: This CD is no longer listed at the bank's website. Please check with the bank for the latest specials and rates.

Universal Bank is offering a 4.10% APY 12-month CD. The minimum deposit is $25,000. There's also a special "CD Builder" account with a top yield of 3.80% and a term of one year. It allows unlimited deposits and withdrawals of interest without penalties or fees. This 3.80% APY requires a $100K balance so it would be more appropriate for joint accounts.

These rates are listed in the bank's rate...



Continue Reading


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.