Florida Bank Deal: 13-month CD interest rates with Palm Bank at 2.50% APY
If you are from Florida, you can enjoy the best cd rates that Palm Bank
offers. The current cd rates are quite competitive at 2.50% APY for their 13-month certificate of deposit. To enjoy the highest cd rates you can open an account for a deposit of at least $2500.
The ceiling of deposit for this money in the bank deal is $90,000. This allows for opening multiple certificates of deposit. The yields of the CD are following the assumption that the principal and the earned interest are not taken out of the account until maturity.
You need to ask the bank for any fees or charges which you account may incur during the term since this will affect the total earnings of the account. You can reach their customer service line through 813-873-7256.
Interest individuals can visit the bank to open a certificate of deposit account. Palm Bank has branches spread across Davis Island and Tampa in Florida.
BauerFinancial issued 3 stars while Bankrate.com gave 2 stars when they reviewed the bank’s performance and soundness. The study was based on their March 2009 data.
Palm Bank is a member of the FDIC and covered under certificate # 57456.
You can be earning hundreds or even thousands of dollars a year in CD investments, money market, and cash back credit cards. Subscribe to our free newsletter below to learn how to maximize your rewards, improve your credit, and make money!
