For outstanding community banking and outstanding CD rates in California, California Community Bank rises up. The bank has steered clear of sub prime lending, instead they stay focused on relationship style of banking targeted toward small-to-medium size businesses, professionals, and high net worth individuals within the market area served. California Community Bank is headquartered in Escondido California and currently operates four bank branches in Escondido, Encinitas, San Diego, and Vista. The bank has stayed true to the foundation of community banking by serving the community’s banking needs in taking deposits and making loans to qualified borrowers. The Bank finished the third quarter of 2008 with an asset base of $168,389,000.00.
California Community Bank is a full service commercial bank and services include the use of advanced information technology, not as a substitute for personal service, but as an enhancement to the high quality services and products delivered by the bank. As part of the bank products and service delivered, California Community Bank is now offering some of the best CD rates in California.
The bank offers the following CD rates for its California bank customers;
7 to 29 day term CD that earns an interest rate of 1.43% APY.
1 to 2 month CD with an interest rate of 1.62% APY.
3 to 5 month CD with a yield of 2.43% APY.
6 to 11 month CD that has an interest rate of 3.09% APY.
12 to 17 month CD with an interest rate of 3.23% APY.
18 to 23 month CD that earns an interest rate of 2.78% APY.
24 to 35 month CD that yields an interest rate of 2.78% APY
And a 36 to 60 month CD that has interest rate of 2.78% APY.
California Community Bank offers additional personal and business banking services on top of the bank CDs in California. The bank provides deposit products, including savings and checking accounts, basic checking, interest checking, money market accounts, and certificates of deposits. The bank’s loan portfolio includes auto and vehicle loans, real estate construction loans, home equity loans and lines of credit, and personal loans. The bank also provides business loans, such as accounts receivable and inventory financing, business lines of credit and term loans, professional loans, equipment loans, commercial real estate loans, construction financing, small business administration loans, and letters of credit. In addition, the bank offers debit and credit cards, cash management, check imaging, and merchant services, as well as online and telephone banking services.
Interest rates on the bank CDs are subject to change. There maybe additional conditions for opening the CD accounts. For more information on the bank and the bank rates visit the bank website at www.calcommunitybank.com or call 760-888-1000.
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