Florida CD rate shoppers can earn extra income by maximizing their CD investments with high yield CDs such as those that can be found at TransCapital Bank. TransCapital Bank offers a number of high yielding savings products through their three bank branch locations in Southeast Florida. Among the high yield savings options at the bank are a number of CD accounts with varying terms and CD interest rates.
Consumers have choices when it comes to where they can bank in Florida but a growing number of savers in Florida are choosing banks that have above average bank rates and CD rates. The CD rates promoted by TransCapital Bank certainly fall into the category of above average rates. The current three month certificate available at the bank has a yield that is twice the national average CD rate as is the banks six month CD while the 12 month CD is almost three times the national average rate. The national average CD rates used are based on the FDIC’s weekly CD rate post available at the FDIC web site which currently shows the three month rate at 0.10 percent, the six month rate at 0.15 percent and the 12 month rate at 0.24 percent.
The bank CDs at TransCapital Bank can be opened with as little as $1000.00 for maturities that range from three months up to five years. Current Florida CD rates available at TransCapital Bank include the following interest rates and terms:
The three month CD rate from TransCapital in Florida is 0.20 percent.
A six month CD interest rate is at 0.30 percent.
The 12 month CD rate in Florida is 0.70 percent.
An 18 month certificate has a yield of 0.80 percent.
A two year bank CD has a rate of 0.95 percent.
The three year CD interest rate is 1.00 percent.
A four year CD rate in FL from TransCapital is 1.30 percent.
The five year certificate yields 1.40 percent.
The Florida CD interest rates listed are based on the bank’s online published rates and may have changed since this publication date. The Annual Percentage Yields (APYs) displayed above are effective as of December 29, 2012 and are subject to change without notice. Additional terms and conditions may apply.
Current CD rates at TransCapital Bank as well as the terms and conditions can be obtained by calling the bank at 877-339-2265. A list of bank branches with the branch phone numbers can be found at TransCapital Bank locations.
Compare top CD rates in Florida with the bank rate comparison tool at Florida CD rates.
This information is believed to be reliable, but the information is not guaranteed.