It appears that a branch visit is required to open an account. It's a small bank with one office located in McKinney, Texas which is in the northern suburbs of Dallas.
The bank has an overall health score at DepositAccounts.com of 2 stars (out of 5) with a Texas Ratio of 71.81% (below average) based on September 2011 data. Please refer to our financial overview of Valliance Bank for more details. The bank has been a FDIC member since 2007 (FDIC Certificate # 58572).
How These CD Rates Compare
The best nationally available 18-month CD rate is 1.35% APY ($25K minimum) at Alliant Credit Union. For nationally available banks, the highest 18-month CD rate is 1.24% APY at Franklin Synergy Bank.
The best nationally available 1-year CD rate without a checking relationship is 1.15% APY. This is available at three institutions, but the best deal is at CIT Bank since it has an add-on and bump-up option.
It's very hard to find 6-month CD rates near 1.00% these days. Atlantic Coast Bank is offering a special 7-month CD with a 1.00% APY. Ally Bank's 11-month No Penalty CD has 0.96% APY. This CD can be made into any term you want from 7 days to 11 months.
These rates are accurate as of 12/06/2011.
Searching for the Best CD Rates
To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.