3.50% APY for 5-year CD, highest cd rates with MainStreet Bank
MainStreet Bank offers their highest cd rates for long term certificate of deposit deals. The most attractive interest rate is for the 5 year CD which earns 3.50% APY. Other top cd rates are as follows:
4 years 2.48% APY
3 years 2.43% APY
2 years 1.98% APY
These certificate of deposit rates can be enjoyed by opening a CD for a minimum initial deposit of $500. The cap is set at $100,000.
Individuals who are interested to open this account can visit a branch of MainStreet to complete an application. The bank has branches in Northern Virginia particularly in the cities of McLean, Herndon, and Fairfax.
Take note that this is only a local deal for Virginia residents. The website does not detail much about the certificate of deposit account. If you want to find out more about their products and services, you can call their customer service line through 703-481-4589.
The bank has some mixed ratings with BauerFinancial giving the highest possible rating of 5 stars while bankrate.com issued only 3 stars.
MainStreet Bank is insured with the FDIC with certificate number 57742.
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