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Wednesday, June 1, 2011

Bank of America CD Rates May 2011 Update

Bank of America brings the power of human and financial capital to transform communities into vibrant, desirable places for people to live, work and raise families.

This Bank of America CD Rates May 2011 Update is to assist you in investing your money in certificates of deposit with this financially sound institution. They are currently offering promotional CDs with a minimum deposit of $10,000 and standard CDs which require a minimum deposit of $1,000 for terms over 27 days. For terms between 7 and 27 days the minimum deposit is $15,000.

The promotional bank CD Rates have a term of 1 year and are earning an APY of 0.60%.

The standard CD Rates include the 7 to 27 day CD that is earning an APY of 0.26%. The 28 to 89 day CD is earning an APY of 0.27%. The 90 to 179 day CD is earning an APY of 0.28%. The 6 to 11 month CD is earning an APY of 0.30%. The 12 to 17 month CD is earning an APY of 0.45%.

The 18 to 23 month CD is earning an APY of 0.60%. The 24 to 35 month CD is earning an APY of 0.65%. The 36 to 47 month CD is earning an APY of 1.00%. The 48 to 59 month CD is earning an APY of 1.31%. The 60 to 119 month CD is earning an APY of 2.01%. The 10 year CD is earning the best CD rates with an APY of 1.21%.

This Bank of America CD Rates May 2011 Update is accurate as of May 31, 2011 but is subject to change to change without notice.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.

To know more about the CD Rates, Citibank CD Rates, best cd rates USA, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdratesinusa.wordpress.com

Article Source: http://www.bestcdratestoday.com/bank-of-america-cd-rates-may-2011-update/

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