This California First National Bank CD rates September Review 2011 has been initiated because of the changes that have occurred at this financial institution since our last update. All of the CD rates being offered by the California First National Bank have decreased by 0.10% to 0.35% in their APY’s.
This makes investing your money with this financial institution not as profitable as it was just 3 months ago. This is a national trend of decreasing rates and not a sign that the CFNB does not want your business.
To obtain the stated APYs for the certificates of deposits a minimum deposit amount of $2,000 must be made for an IRA and $5,000 for a standard CD account.
The current bank CD Rates include the 3 month CD that is earning an APY of 0.40%. The 6 month CD is earning an APY of 0.88%. The 1 year CD is earning an APY of 0.95%.
The 2 year CD is earning an APY of 1.15%. The best CD rates are from the 3 year CD that is earning an APY of 1.45%.
This is a financial intuition that is use to contacting their customers via the phone and over the internet. This allows for each customer to use the medium of communications they prefer.
All of the CalFirst CD rates are of a fixed rate for the term of the investment. Each term is subjective to a penalty if an early withdraw occurs.
The California First National CD rates were posted on September 18, 2011 but are subject to change without any prior 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/california-first-national-bank-cd-rates-september-review-2011
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