RBC Bank offers FDIC insured CD accounts as standard bank CDs, jumbo CDs and bank IRA CDs. If you are looking for the best bank IRA CD rates in the market area served by RBC Bank, they are certainly competitive with the largest US Banks.

RBC Bank fixed bank IRA CD funds offer a guaranteed fixed interest rate until the CD matures with the safety and security of FDIC insurance. With bank IRA CDs, account holders have the potential to grow their nest egg and save on taxes when the funds are held in an Individual Retirement Account.

RBC Bank offers a variety of CDs to choose from. Bank CDs can be short term, running as short as seven days with the bank and can have either fixed interest rates or variable interest rates. The bank CDs allow the account holder to choose their term, and when it expires there is the option to renew the CD investment at the current interest rates, cash out the account, or transfer the funds to another investment or bank savings account.

A sample of the current IRA CD rates and rate updates from RBC Bank include the following rates and terms:

15 month IRA CD rate is 1.20%
25 month CD interest rate 1.70%
2 year IRA CD rate 2.20%
5 year bank IRA CD rate is 2.60%

All of the promotional bank CDs require a minimum deposit of $5,000.00. These RBC Bank CDs are available as IRA CDs or standard CDs.

RBC Bank also offers additional promotional CD interest rates to clients with an RBC Bank personal checking account as well as a variety of other CD rates and terms.

Always compare the savings account, money market accounts, CD rates and IRA CD rates with multiple banks, so you can find the highest rates.

RBC Bank is based in Raleigh, N.C. RBC Bank serves the states of North Carolina, South Carolina, Virginia, Georgia, Florida and Alabama. The bank has more than 420 banking centers in the six states.

CD rates are accurate as of the date of this publication but are subject to change. All RBC Bank CDs and rates require bank approval. For current CD rates or additional account information, a bank representative can be reached at 800-236-8872.

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