Rhode Island CD rates at Independence Bank. Independence Bank is an FDIC insured bank based in RI. Independence Bank offers personal and commercial banking services in the Ocean State.
Independence Bank is a full service bank based in East Greenwich, RI. As a locally operated bank, Independence Bank provides local service, competitive rates and a wide array of products for business and personal needs.
For consumers in the area looking for a place to hold their savings or investment funds, Independence Bank offers a number of deposit and savings products. Financial products for savings and investments for both short term and long term options that are available at Independence Bank include interest bearing checking accounts, savings accounts and certificates of deposits.
Bank CDs come with a $1,000.00 opening deposit for traditional accounts and $100,000.00 for jumbo CDs. Interest accrued on the CDs may be paid monthly by check or transferred to another bank account or paid at maturity with the original principal amount of the CD.
Bank CDs in RI come in terms from 3 to 60 months. The CD rate in RI is a fixed interest rate with a fixed term.
Current CD rates in Rhode Island offered by Independence Bank include the following:
5 month RI CD rate is 1.25%
11 month CD has an interest rate of 1.50%
15 month bank CD rate in RI is 1.75%
24 month CD with an interest rate of 2.00%
36 month bank CD rate in RI of 2.25%
48 month CD interest rate is 2.50%
60 month bank CD rate in RI of 3.25%
Bank rates and CD rates offered by Independence Bank are subject to change at any time prior to opening an account. CD interest rates listed are current as of this publication but are not guaranteed.
For current RI CD rates promoted by Independence Bank as well as information on bank account terms and conditions, a bank representative can be reached at either 401-886-4600 or 888-824-8873.