Alliance Bank with 3.25% APY Special 18-month Certificate of Deposit
The Alliance Bank invites consumers to take advantage of their highest cd rates through their 18-month CD special that earns 3.25% APY. The promo is still on the bank’s website as of April 2, 2009. This top cd rate requires a minimum opening deposit of $2500.
Interested individuals may visit one of their branches to apply for this certificate of deposit. It will be best to inquire about the fees applicable to the investment and for any withdrawal fees not disclosed in the promo page.
Alliance Bank has offices in Virginia and the suburbs of FairLakes, Annandale, Ballston, Manassas Park, Tysons Corner, and Reston in Washington DC.
The financial soundness of this bank doesn’t get a very good feedback from BauerFinancial and bankrate.com which both gave 2 stars. It will be best to stay within the limits of the FDIC.
Alliance bank is insured with the FDIC through certificate # 34664.




