While the North American Savings Bank offered better CD rates last April, the current cd rates they’ve released recently are still comparatively better than what most banks are offering. Their best cd rate is pretty competitive at 1.75% APY over a 14-month-period. This best interest rates can be enjoyed for only a minimum deposit of $1000.

Your first step to enjoy these best CD rates is to go to andera.com, you’ll find an online application database which is considerably easy to use, as long as you’re already 18 years old and a US citizen. The online application database, however, only has the standard CD rates listed. The special isn’t included. According to the bank, you just need to choose the 14-month CD and call them up at 816-316-4000 and choose the third option once the machine comes on.

The mid to long-term regular CDs are also money in the bank deals: 36 to 47 months (2.5% APY), 48 to 59 months (2.75% APY), and 60 to 120 months (3.00% APY). You can open this accounts with an initial deposit of $1,000.

You can also email the bank and tell them the actual CD term that you wish to open. Several individuals were able to open this special CD account with ease, online. One commenter from the bank review’s page also noted that this CD has a cap of $100,000 deposit.

For those who are concerned about the bank’s safety and security, it’s nice to know that they’ve scored rather well with BauerFinancial and bankrate.com which both issued 4 stars.

The bank has been a member of the FDIC since 1940 with FDIC Certificate #29708.