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Towne Bank of Arizona

5.60% 6-Month / 5.60% 12-Month CD Continues at an Arizona Bank (Towne Bank).


Update 11/17/07: This special CD rate has fallen to 5.15% APY.

Towne Bank of Arizona continues to list a special rate of 5.60% APY on its 6 and 12-month certificate of deposit. The minimum deposit is $10,000.

I first reported on this CD in August.

At the bottom of the rates page it states that rates are available to residents of the bank's market area only. The bank is located in Mesa, Arizona. It's FDIC insured (FDIC Certificate # 57697).

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