Metro Phoenix Bank is scoring a triple play in CD rates for Arizona customers.  Metro Phoenix Bank has the highest CD rates for one year term CDs, two year term CDs, five year term CDs.  Per the bank website, the one year CD rate is at 4.06% APY.  The two year CD has an interest rate of 4.32%.  The five year term CD has an interest rate 4.47%.  There is a $5,000.00 minimum deposit to open the account and obtain the listed interest rate.

In addition to these bank CD rates, Metro Phoenix Bank offers an exceptional rate on their personal money market account.  This is a tiered money market account that has a minimum opening balance of $1,000.00.  A balance in the money market account up to $24,999.99 earns a interest rate of 2.53%, balance between $25,000-$99,999.99 earns an interest rate of 2.78%, balance of $100,000-$999,999.99 earns an interest rate of 3.56%, and for those who happen to be sitting on over a million dollars, the interest rate is hit out of the park at 4.13% APY.

The bank describes its mission as, “Through its sincere customer service, practical market knowledge and entrepreneurial spirit, Metro Phoenix Bank strives to become one of Phoenix’s premier providers of consistent, predictable and meaningful commercial bank services, thus maximizing returns for all stakeholders.”

The bank has one location in Phoenix; a bank representative can be reached at 602-346-1800.  The web address for the bank is www.metrophoenixbank.com.  Interest rates subject to change, additional conditions may apply.

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