Marquis Bank offers best cd rate at 2.00% APY for 6-month term, 2.20% APY for 1-year deal
The Marquis Bank offers locals of South Florida attractive money in the bank deals through their certificates of deposit with the current cd rates:
2.00% APY 6 months
2.20% APY 12 months
2.25% APY 18 months
2.40% APY 24 months
These highest cd rates can be enjoyed by opening an account with an initial deposit of $1,000.
The top cd rate of 2.40% APY is posted on the main page of their website. We confirmed the rest of the figures with the customer service and they said these may change any time.
It will be best to ask about early withdrawal fees, renewal process, and any other factor which may affect your earnings before you open an account.
It seems that a branch visit is necessary to get these CD deals. They have an office in North Miami Beach in Florida.
The bank is still labeled as a start up financial institution by BauerFinancial since it was only established in 2007. Bankrate.com gave 4 stars when they reviewed Marquis Bank’s performance using their March 2009 data.
Marquis Bank is insured with the FDIC with certificate number 58345.
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