1.35% APY bump up certificate of deposit special with MidCoast Community Bank
MidCoast Community Bank offers a competitive cd rate for their short term certificates of deposit. The best interest rate is now at 1.35% APY for their certificates of deposit with terms of 6 thru 9 months. This bump up CD requires an initial deposit of $500.
The earnings of this money in the bank deal are compounded on a daily basis and credited to your account every month. Like other certificate of deposit offerings, penalties apply when the account holder decides to take out some funds prior to the maturity of the CD account.
It looks like interest parties need to drop by the bank’s branch to open this account. MidCoast Community Bank has offices in Wilmington and Dover which are in Delaware.
Based on recent data, MidCoast Community Bank is performing well in terms of soundness and safety. The bank has been a member of the FDIC since 2007 with certificate number 58498.
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