1.95% APY current cd rates for 18-mont CD special with Great Florida Bank
Posted on May 9th, 2010
Great Florida Bank offers money in the bank deals through their certificate of deposit specials. The highest cd rate is offered for the 18-month CD that earns 1.95% APY. The other attractive offers has the top cd rates of 1.55% APY for a 12-month term and 1.30% APY for the 6-month certificate of deposit.
The best cd rates can be enjoyed by opening an account with a minimum initial funding of $10,000. These interest rates are still listed on the bank’s website as of April 26.
We tag this as a local deal since the online application is only limited to the residents of the state.
Applicants can fund the certificate of deposit via ACH transfer. The bank will lock the interest rate once they receive the initia funds.
The bank has branches spread through South Florida. They have offices in the cities of Boca Raton, Fort Lauderdale, and Miami.
The rating of the bank is weak with both BauerFinancial and Bankrate.com issuing 1 star for its soundness and safety. It will be wise to stay within the limits of the FDIC.
Great Florida Bank is insured with the FDIC through certificate number 57719.
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Tags: Bank, Florida Bank, Great Florida, Great Florida Bank
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