Central Bank
Central Bank in Florida is promoting their mid and long term certificates of deposit with new higher rates of return.  The Tampa, Florida based bank offers an above average rate on their three year, four year and five year term CDs.  The three year CD has a rate of 1.55 percent, the four year term certificate earns 1.80 percent, and the five year maturity has an interest rate of 2.10 percent. 

All three bank CDs require a minimum opening deposit of $2,500.00 to earn the advertised yields.  The bank CDs are automatically renewable with a 10 day grace period.  The interest earned on the accounts can be compounded back into the CD or can be deposited to a Central Bank checking or savings account. 

Additional CD terms are available from the bank with one month to 5 years.  All accounts have the same $2,500.00 minimum deposit needed to open.  Early withdrawal penalties may apply.  In addition to a full array of traditional bank CDs and deposit products, Central Bank also offers loan products and home mortgages.

Central Bank is a full service, independently owned Florida bank that serves the banking needs of individuals and small businesses in the Tampa metropolitan area.  The bank has one office located in Tampa.  Certificates of deposits at Central Bank, which are FDIC insured, can be one of the safest investments available.  The added boost in the Annual Percentage Yield makes these accounts all that more desirable.

More information about the CD account rates and other products and services available at Central Bank can be obtained by visiting the bank web site at centralbankfl.com or calling the bank customer service number at 813-929-4477.

The annual percentage yields listed assumes interest will remain on deposit until maturity.  A withdrawal of interest or fees will reduce earnings.  Rates and terms are current as of March 4th, 2015 and are subject to change at any time prior to opening an account.  Additional terms and conditions may apply.

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