There is a new market leader for the best six month CD rate available nationally.  The highest six month CD rate is now at 2.25% which is a startling 49 basis points or 49/100 of a percent higher than the next best CD rate with a six month term.

The highest six month bank CD rate is promoted by Atlantic Coast Bank which is based in Georgia and has branch bank locations in Florida as well as Georgia.  The Atlantic Coast Bank six month CD, as well as all bank CDs offered by Atlantic Coast Bank, can be opened online through the bank website.  The minimum deposit amount to open a certificate of deposit with Atlantic Coast Bank and obtain this CD interest rate is $1,000.00.

This CD rate is not covered by the larger bank rate review sites that predominantly accept advertised spots on their lists of the best bank rates available nationwide.  The CD interest rate promoted by Atlantic Coast is almost ½ of a percent higher than the second best six month CD rate which is offered by Ascencia Bank at 1.76% and is seen as the bank rate leader on most review sites both online and in print. 

Atlantic Coast Bank is also this week’s leader for the highest two year CD rate.  Atlantic Coast Bank raised their two year CD rate up to 2.40%.  This rate leads the two year term category and just inches out E-Loan by the three basis points which promotes a two year CD rate of 2.37%.   

Atlantic Coast Bank representatives can be reached at 800-342-2824, the web address can be found at  Atlantic Coast Bank has incurred an operating loss for the first six months of this year.  Certificates of deposit and other depository accounts held at the bank are FDIC insured and the bank is organized as a Savings Association making the primary regulator the Office of Thrift Supervision.

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