4.30% 12-Month / 4.78% 60-Month CD at a Texas Bank (San Antonio National).


Update 7/12/08: The CD rates are no longer listed at the bank's website. Please check with the banks for the latest rates.

San Antonio National Bank is offering a special 4.30% APY 12-month CD. The minimum deposit is $500. New funds are required. The early withdrawal penalty is 30 days interest.

Other good deals at this bank include a 4.78% APY 60-month CD (4.83% APY for the Jumbo CD) and a 4.25% APY 12-month IRA.

The bank is also offering a money market account with a yield of 3.56% APY, but this requires a minimum balance of $100,000.

Branches are located in the Texas cities of San Antonio, Laredo, Refugio and Edinburg. The bank has been FDIC insured since 1934 (FDIC Certificate # 3405). It has a 3.5 star rating (good) at BauerFinancial based on 3/31/08 data.

Thanks to the reader who mentioned this special CD in the comments.

Other High Certificate of Deposit Rates

Wachovia just started a CD promotion that includes a 4.25% APY 12-month CD, a 5.25% APY 60-month CD and a 4.00% APY 7-month CD (see post). For more high CD rates, please refer to my Nationwide CD rate summary.