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Friday, June 24, 2011

The Best CD Rates from Colorado Federal Savings Bank

Today Colorado Federal Savings Bank CD rates are from a financial institution that has one of the highest capital ratios in the financial industry. Its balance sheet is solid so even thou this financial intuition is insured by the FDIC, there is little worry it will ever become insolvent. This makes investing your money with CFSB as safe as it possibly can be.

The current bank CD rates include the 6 month CD that is earning an APY of 1.00%. The 1 year CD is earning an APY of 1.20%. The 18 month CD that is earning an APY of 1.30%.

The 2 year CD is earning an APY of 1.40%. The 3 year CD is earning an APY of 1.75%. The best CD rates are from the 5 year CD that is earning an APY of 2.30%.

To obtain the certificates of deposits rates there must be an initial deposit of $5,000. There are no monthly service fees and the CD can be linked to a CFSB checking account so the interest can be transfer to it if the account holder so wishes. This will reduce the earnings of the CD to only the interest rates instead of the stated APRs.

The early withdraw penalty is 3 months interest for CD with terms of less than 1 year and 6 months interest for CD with terms greater than 1 year.

Today Colorado Federal Savings Bank CD rates were posted on April 5, 2011 and were still valid as of June 23, 2011 but are subject 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.

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Article Source: http://www.bestcdratestoday.com/today-colorado-federal-savings-bank-cd-rates/

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