Texas: Valliance Bank offers 2.15% APY for their 12-month Certificate of Deposit special
Valliance Bank offers a very competitive top cd rates for their 12-month special earning 2.15% APY. Consumers can enjoy this highest cd rate by opening an account with an initial deposit of at least $1000. The CD has a set ceiling of $99,000.
These special cd rates are not listed on the website of the bank but are posted online on the Dallas Morning News website. If you want to know more about the certificate of deposit offerings and other savings options, you can call their Concierge Bankers at 214-544-2400. The website does not detail the fees which may be involved with this CD deal so it is also best to ask about factors which may affect the earnings of your deposits.
A branch visit is necessary to open an account. Valliance Bank only operates one branch located in McKinney, Texas. This is on the northern portion of the Dallas suburbs.
The bank has some mixed ratings. Bankrate.com issued 2 stars with their performance review while BauerFinancial gave 3 stars looking at their soundness and safety. Both evaluations used financial data from their June 2009 findings.
Valliance Bank is covered by the FDIC through certificate number 58572.
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