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Wednesday, February 29, 2012

Highest CD Rates from Frontier State Bank

The Frontier State Bank CD rates are another of the new banks on the list of Highest CD Rates. This is a financial institution that first opened their doors in 1975. Since that time, they have been serving the community of Oklahoma City.

The Frontier State Bank certificate of deposit rates require a minimum deposit of $1,000. They also have a maximum of $95,000. For deposits higher than that, you can call your local Frontier State Bank branch office for the current CD rates.

The Current CD rates include the 1 year CD that is earning an APY of 0.25%. The 18 month CD is earning an APY of 0.30%.

The 2 year CD is earning an APY of 0.35%. The 4 year CD is earning an APY of 0.45%. The 5 year CD is earning an APY of 1.00%.

The 6 year CD is earning an APY of 1.16%. The 7 year CD is earning an APY of 1.26%. The Best CD Rates are from the 10 year CD that is earning an APY of 2.02%.

All of these CD rates and their corresponding terms are fixed for the life of the investment. There is an early penalty fee assessed against the account if an early withdrawal occurs before the maturity date.

There is only one IRA CD being offered at this time. This is the 18 month IRA CD. The APY it is earning is 0.20% and the minimum deposit for this account is $1,000.

The Frontier State CD rates were posted on February 23, 2012 but are subject to change without notice.

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