With the focus on Florida for the Super Bowl it is only fitting to maintain that focus by looking at CD rates in Florida.  One Florida bank serving customers banking needs since 1922 is First Federal Bank of North Florida.  The main office of First Federal Bank of North Florida is located in Palatka, Florida and the bank has seven other bank branches in the surrounding area. 

First Federal Bank of North Florida provides all types of personal and business checking and savings accounts.  The bank also provides loans for personal and business and purposes.  Some of the products offered by the bank include; checking accounts with both free checking accounts and interest bearing accounts, savings accounts, money market accounts, certificates of deposit, Individual Retirement Accounts (IRA), residential mortgages, home equity loans, lot loans, second mortgages, unsecured loans and savings accounts and CD secured loans.

The bank has CDs with maturities that are offered in varying terms.  Simple interest is earned and paid on certificates of deposit that are less than one year.  Certificates of deposit of one year and more may be compounded and paid quarterly.

3 month to 5 month CD rate is 2.00% APY
6 month to 11 month CD rate is 2.25% APY
12 month to 23 month CD rate is 2.50% APY
24 month to 35 month CD rate is 2.90% APY
36 month to 47 month CD rate is 3.10% APY
48 month to 59 month CD rate is 3.30% APY
5 year CD rate is 3.50% APY

The bank also offers a 23 month step up CD that has an interest rate of 3.10% APY.  All of these bank CDs require a minimum balance of $1,000.00 to obtain the rate and APY.

CD rates are subject to change and additional conditions may apply to open the accounts.  For current CD rate information and account details call a bank representative at 800-822-6761.  The bank web address is located at www.ffbnf.com.

Tags: , , , , , , ,

2 users commented in " Super Bowl Weekend CD Rates "

Follow-up comment rss or Leave a Trackback

Leave A Reply

 Username (*required)

 Email Address (*private)

 Website (*optional)