Local Rates Listing for Texarkana ------------------------------------------------------------------------------- Jumbo 7/1 Adjustable Thursday May 28, 2009 6.625 Bank offers CDs for terms ranging from seven days to four years. 7 to 31 day CDs require a minimum of $5,000 to open while 32 days and above CDs require $1,000 for the same. These accounts are automatically renewable at maturity. CD (Certificate of Deposit) from Fifth Third Bank 've had a CD at Fifth Third Bank for about 10 years now and it has been a very good decision for me. When contacting their offices, their customer service has been very helpful and understanding. As also said before, the APY is very generous and always competitive with other banks. It offers a safe, solid way to start saving money for a house, college, etc. ------------------------------------------------------------------------------ 4.75% 12-Month CD at a Dallas Bank read and submit comments for this post Century Bank advertised a 4.75% APY 12-month
form_title= Jumbo CD Rates form_header= Find the best rate for a CD. What is your desired rate of return?*= _ [50] Do you have any other open CDs?*= () Yes () No Do you want to add any other financial savings?*= () Yes () No
I would call www.theloanlady.net - Paula Cochran is her name. LocalBizNetwork
Certificate of Deposit (CD) rates vary a lot between banks and specific circumstances. To get a jumbo rate it is best to talk directly with several banks in order to get them to compete for your custom.
The average rates for a jumbo CD are between 1.2 and 1.3 percent depending on the company chosen. Rates are also determined by the length of the CD. The longer the term, the better the rate.
A Jumbo CD Rate can be liquidized relatively easily because there is usually not too high of a penalty for breaking your contract. Although interest rates are usually pretty low, a CD is a good way to let your money work for you.
A good jumbo CD rate would be over 5% and one must be careful to find out how often the interest will be compounded. Also important is the minimum investment amount that would be required.
Jumbo CD rates are higher than regular CD rates because the deposits are generally higher. However due to the recession, the difference in these rates are not great. It is better to invest elsewhere.
The following banks have the best jumbo CD rates: City bank, Ally bank, Nationwide bank, Ever bank, Bank of internet USA, Discover bank and Doral Bank.
For up-to-the minute CD rates for both local and national banks, visit www.bankrate.com to compare terms.
Jumbo CD rates are higher than regular CD rates. Sometimes they are only slightly higher but typically require a deposir of $100,000 or more in order to qualify for jumbo rates.
Best CD Rate, $10,000 for 1 year?
As of June 27, 2011, a 6-month jumbo CD can yield 1.12% with a minimum deposit of $100,000. A 2-year jumbo CD can yield 2.49% with a minimum deposit of $100,000.