State banks in Florida are offering some of the best CD rates available and the best CD rates are measurably better than the best national CD rates.  Atlantic Southern Bank which is based in Macon, Georgia but has one location in Jacksonville offers the best 6 month CD rate with a special odd month, seven month CD with a rate of 2.70%.  In contrast, the best national six month CD rate is offered by GMAC Bank at 2.25%. Trustco Bank runs in second position with a six month CD that has a rate of 2.55%.  CD rates continue well above the best national rates with the runner up, Commerce Bank of Southwest Florida promoting a six month CD rate at 2.25%.

Atlantic Southern Bank also leads the best one year CD rate category with a 13 month special CD that has a rate of 3.00%.  This rate surpasses the best national rate by 25 basis points.  Coastal Bank follows, right at the best national rate with a one year CD that earns a rate of 2.75%.  Urban Trust Bank is a few basis points back offering a one year CD that has an interest rate of 2.72%.  The list ends with the CDs marketed by Bay Cities Bank that have a yield of 2.62% on the one year term.

The best two year CD rate in Florida continues the trend of surpassing the best national rates starting with the two year CD of Heritage Bank of Florida that has a rate of 3.05%.  Century Bank also offers a two year CD rate above the national average with a rate of 3.00%.  Bay Cities Bank drops a few basis points behind this rate, yet still above the best national rate, with a two year CD rate of 2.96%.  The list ends with Fidelity Bank and their 30 month CD that earns a rate of 2.75%.

The best five year CD rate in Florida in measurably higher than the best national rate.  Urban Trust Bank with 14 bank branches in Florida has five year CD with an interest rate of 4.50%.  This CD has a low minimum $500.00 minimum deposit requirement.   Fidelity Bank of Florida is a distant second place with a five year CD at 3.75%.  Florida Traditions Bank is only a few basis points behind offering a five year CD that earns a rate of 3.71%.  Bay Cities Bank and Commerce Bank of Southwest Florida round the list with five year CDs that have rates of 3.50%.

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