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Friday, June 24, 2011

`Highest CD Rates from National Penn Bank

The National Penn Bank CD rates are the topic of today being brought to you by the people at Highest CD Rates. This financial institution was founded in 1874 in the city of Boyertown, Pennsylvania. Since that time, this community bank has grown to over 124 branch offices and become the 4th largest in the state. They have also recently opened a branch office in the state of Maryland. National Penn gives you choices that help you go beyond those challenges, to help you succeed in an environment that’s always on, open for business and ready for the next transaction. That’s because National Penn’s products, technology and business services meet or exceed those of much larger banks and our level of personal service and attention to detail is unparalleled. In addition to traditional banking services such as checking, savings and cash management, National Penn Bank offers innovative products like online foreign exchange to help you compete in a global marketplace.

The National Penn Bank certificate of deposit rates can be obtained from several of divisions of this financial institution. These named banks include HomeTowne Heritage Bank, KNBT and Nittany Bank.

At the present time National Penn Bank offers Fixed Rate CDs, Ready Access CDs and Step Up CDs. The terms are from 3 month to 5 years for these investments. The deposit in the Ready Access CDs must remain on deposit for 7 days before any of it can be withdrawn.

The promotional National Penn Bank CD rates are the only ones being advertised at this time.

The current CD rates include the 5 month Ready Access CD special is earning an APY of 0.75%. The 13 month CD special is earning an APY of 0.85%. The 25 month CD is earning an APY of 1.40%. The 35 month CD is earning an APY of 1.75%.The best CD rates are from the 60 month CD special that is currently earning an APY of 2.25%.

To obtain the National Penn CD rates a minimum deposit of $500 is required. These CD rates were posted on June 20, 2011 but are subject to change without notice.

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