Bank of the West provides a variety of certificates of deposits to try and meets the needs of a wide range of investors and savers in the geographic area served by their bank branch network. Unfortunately, it is not hard to find better CD rates than those promoted by Bank of the West. For short term and midterm CD rates, Bank of the West is falling well behind the national average CD rates

Bank of the West operates primarily in the west and Midwest of the nation. Bank of the West is the 32nd largest bank in the country with over 700 bank branches and offices locations in 19 states.

Bank of the West has several CD terms to choose from. The bank short term CDs have maturities that run from seven days to 31 days. The midterm and long term CDs have maturities that run from 32 days up to 60 months or five years.

The bank CDs are available with fixed interest rates for all terms. The certificates require a $1,000.00 minimum opening deposit. The CD deposits are eligible for FDIC insurance up to the maximum established by the FDIC per depositor and ownership type.

A sample of the current CD rates and CD terms at Bank of the West includes the following:

Bank of the West 6 month CD rate is 0.25%
1 year CD rate is 0.25%
2 year CD interest rate 0.65%
5 year CD rate 1.75%

These are just samples of the current CD rates available at the bank. CD rates are subject to change prior to funding a new account. The bank CDs have an automatic renewal feature. With the automatic renewal feature, the CDs will automatically roll over into new CD with the same term with a 10-day grace period.

Bank of the West is a subsidiary of the BancWest Corporation. BancWest Corporation is owned by the European financial institution, BNP Paribas. Bank of the West offers a full range of personal bank products and services as well as commercial bank products and services, wealth management services and international banking services in the U.S.

Additional information regarding Bank of the West CD products or other bank products and services can be obtained by calling customer service at 800-488-2265.

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