Florida’s Central Bank with 2.50% APY Liquid CD for a 7-month deal
The Central Bank in Florida offers a great money in the bank deal with its liquid certificate of deposit that earns 2.50% on a 7-month term.
The Advantage cd getting the top cd rates gives account holders an option to take out $500 from the account once a month. Another liquid feature of the certificate of deposit is the chance given to consumers to deposit at least $500 any time as long as you stay within the $100K cap.
Opening an account may require a branch visit and a minimum deposit of $5000. The lone branch of this bank is located in Tampa, Florida.
Aside from the Advantage CD they also offer the 12-month certificate which can a 2.00% APY. A 2-year deal has a 2.50% APY. Both require a $5000 deposit to open.
The bank is new in the business and was just established in 2007. BauerFinancial has not yet released a review for the bank since is relatively a young financial institution. Bankrate.com issued a performance rating of 3 stars.
Central Bank is covered by the FDIC with certificate number 58377
