1.75% APY Competitive CD rates for 12-Month CD offered at NC’s Park Sterling Bank
For only $1000 minimum deposit, you can now open a 13-month CD which yields a competitive interest rate of 2.00% APY with Park Sterling Bank headquartered in North Carolina. This is definitely one of the edgiest Certificate of Deposit rates out there. A high yielding year-long CD is hard to find today. If you scan the internet, the closest competition you can find is a 1.50% CD, which is nothing compared to this deal.
The only downside is that the Park Sterling Bank needs you to visit one of its branches before you can open an account. This also means that, although this is one of the highest CD rates in the bracket, it’s only offered locally. You should also check the bank’s main website because these promotional CD rates tend to change frequently over time.
If you want to look for the best CD rates offered online, there’s a list of them available at DepositAccounts.com. Should you be within the spheres of Charlotte and Wilmington, North Carolina, finding branches of this bank should be no trouble.
The bank’s performance is somewhere in the middle of the road, earning a 4-star rating from BauerFinancial (excellent) and a 3-star rating from Bankrate.com. Park Sterling Bank has also been a member of the FDIC since 2006 under FDIC Certificate #58408.
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