Best CD Rates at 2.65% APY with WashingtonFirst Bank
WashingtonFirst Bank continues to offer an excellent money in the bank deal through their certificate of deposit that has current interest rates of 2.65% APY. Interested consumers can open an account with an initial deposit of $10,000.
The highest CD rate for the 15-month CD is still accurate as of 7 July. We are hoping that the rates will be on for a while since the page on the bank’s website was just updated last 6 July.
This certificate of deposit rates can only be enjoyed by local residents. The WashingtonFirst Bank has offices spread across Washington DC, Virginia, and Maryland. Interested individuals can drop by their offices to accomplish the necessary forms for opening an account.
So far, the bank is getting some fair reviews from bankrate.com which gave it 3 stars and BauerFinancial issuing 3.5 stars. These ratings are based on their March 2009 data.
WashingtonFirst is insured with the FDIC with certificate # 57696.
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