Capitol Federal Savings has a rather unusual CD rate promotion running…that will be running for a high yield certificate of deposit account.  The Cap Fed promotion is a one day deal that is available on Presidents’ Day, February 16, 2015.  The CD rate promotion is for a 27 month term certificate and comes with an Annual Percentage Yield of 1.50 percent.

The rate offered on the Cap Fed promotion is almost five times the national average CD rate found on comparable term accounts and exceeds the best CD rate found on two year term certificates available nationwide.

The bank CD is available for personal, retirement or personal trust account deposits only.  There is a $1,000.00 minimum balance needed to open and earn the advertised APY.  Early withdrawals from the account may be subject to penalty.  Additional restrictions and conditions may apply.

Only available for personal accounts that are opened in person at any Capitol Federal bank branch location or applications that are sent by mail and received on or before February 16, 2015 and will be opened only on that date. 

Capitol Federal Savings Bank has 47 branch locations, serving primarily the metropolitan areas of Topeka, Wichita, Lawrence, Manhattan, Emporia and Salina, Kansas and a portion of the metropolitan area of greater Kansas City.  The bank offers an array of savings and lending products for consumers and is one of the largest residential lenders in the State of Kansas.

Additional certificate of deposit products are available from Cap Fed with terms ranging from three months to eight years.  More information about Capitol Federal Savings Bank and the bank promotion can be obtained by visiting the bank web site at capfed.com or by calling the bank’s customer service number at 1-888-822-7333.

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