The state known as Old Dominion is home to a bank offering a 4.06% APY on a 21 month term certificate of deposit.  Old Dominion is the nick name for Virginia, that an apparently the nick name of Mother of States since eight U.S presidents were born in the state.  Virginia is also the home of Pioneer Bank.  Pioneer Bank is an independent, locally owned banking institution that can trace it roots back to 1909.

Just before the start of 2009, Pioneer bank is promoting two of the best CD rates in the region.  The 21 month CD with the 4.06% interest rate and a 13 month CD that earns an interest rate of 3.27% APY.  The bank also has a 28 month CD with an interest rate of 3.52% APY and a 48 month CD with an interest rate of 3.01% APY.  The minimum deposit to open the 21 month CD and 13 month CD is $2,000.00 and $500.00 for the 28 month CD and 48 month CD.  Interest is compounded daily and credited semi annually.

Pioneer Bank provides a broad range of banking products and services.  Some of the banking products and service include; checking accounts, savings accounts, personal loans, credit and check cards, IRAs, business checking, business loans and mortgages.  Pioneer Bank has locations in Stanley, Shenandoah, Luray, Harrisonburg, Stanardsville, and Charlottesville.

Interest rates are subject to change and additional conditions may apply.  Contact a bank customer representative today for details at 540-778-2294.  The bank web site is located at www.pioneerbks.com.

No user commented in " Over 4% CD Less Than Two Year Term "

Follow-up comment rss or Leave a Trackback

Leave A Reply

 Username (*required)

 Email Address (*private)

 Website (*optional)