One of the best midterm certificate of deposit rates in Florida is available through a special promotion at the state’s six largest bank.  The CD rate promotion can be found at Florida Community Bank based in Weston, FL.

Florida Community Bank is offering a new 18 month CD that has a rate of return well above the national average rate for 12 month term bank CDs and 24 month term bank CDs.  The bank’s 18 month CD promotion has a current yield of 1.35% which is more than four times the average rate on a longer term, two year certificate.  The minimum deposit need to open the account and earn the promotional yield is $10,000.00.

The CD rate promotion expires December 31, 2015 and applies to new accounts and new money to the bank only.  The account will automatically renew at maturity to the bank’s standard 18 month CD at the current rate and APY.  Account holders can choose not to renew if they withdraw the funds in the account at maturity or within the seven calendar day grace period after the original maturity date.  Penalty may be imposed for withdrawals made prior to maturity.

Florida Community Bank (FCB) offers a variety of additional certificates of deposit and IRA CDs with competitive interest rates on a fixed-dollar investment.  Bank customers can choose from a wide range of terms, from 7 days to 5 years.

The Annual Percentage Yield (APY) listed for this promotion is accurate as of this publication date.  The rate is subject to change by the bank at any time without notice prior to opening the account.  Fees may reduce earnings.

Florida Community Bank is a national banking association that has over $6.5 billion in total assets.  The bank operates over 45 full service bank centers throughout Florida.  More information about the bank and bank promotion can be found at the FCB web site located at floridacommunitybank.com or by calling the FCB customer service number at 1.877.378.4297.

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