The value of bank CDs is that regardless of fluctuations in the market, the certificate of deposit earns one of the highest interest rates possible under FDIC insurance protection. For many consumers and investors, there’s a real financial opportunity hidden in that extra cash they may have sitting around until it has to be used and paid out again.  Searching for the best CD rates becomes a key component in maximizing the value of bank CDs.

Village Bank is a community bank that is family owned and operated in Minnesota and offers some of the best CD rates for the region.  The bank has five bank branches in Ramsey, Oak Grove, Blaine, St. Francis and East Bethel.  Per the banks disclosure, the bank has assets totaling over $250, 000,000.

Village Bank has various FDIC insured consumer savings products to help customers meet their personal savings goals.  These products include personal checking accounts, personal savings accounts, personal money market accounts and certificates of deposit.
Bank CDs from Village Bank come in a wide variety, including fixed rate CDs, fixed term CDs, and deposit accounts all of which are available to meet both short-term and long-term investment goals

Whether an investor is planning for the long term or putting away funds for short term savings, the bank has CD that can meet the goal with a competitive CD rate.

The bank has the following CD rates:

3 month CD rate 2.05% APY
6 month CD rate 2.44% APY
1 year CD rate 2.95% APY
2 year CD rate 3.30% APY
3 year CD rate 3.60% APY
4 year CD rate 3.75% APY

Certificates with terms greater than 12 months have interest compounded annually at the bank.  The 36 and 48 month CD’s contain a one-time step-up feature, allowing the CD account holder the option of raising their interest rate one time during the term of the CD, for the current rate then in effect for that CD, based on the original term and dollar amount.

For additional details and current CD rates, the bank can be reached at 763-398-8000.  The bank web site also contains information on current CD rates and account details.  The web address for the bank is www.villagebankonline.com.

Tags: , , , , , , , , ,

No user commented in " Village Bank CD Rates, Minnesota "

Follow-up comment rss or Leave a Trackback

Leave A Reply

 Username (*required)

 Email Address (*private)

 Website (*optional)