39-month 3% CD at Regions Bank
Regions Bank has a relatively competitive mid-length CD available: Their 39-month (3 years plus 3 months) CD is yielding 3.00% APY. This CD has a $10,000 minimum, and it is only available to people who have or open a Regions Bank checking account. The minimum drops to $4000 for an IRA CD, but the money must be new to Regions Bank. The CD has a maximum deposit of $1 million. Regions Bank does not seem to list their CD rates on their website, but you can see an ad for it from April 5th here.
Regions Bank has numerous branches in the Southeast and Midwest, including Florida. You can find one near you here.
Long-term CDs up to 3.85% at Intervest National Bank
Intervest National Bank has a number of long-term CDs available with competitive rates. Their 4-year CD is yielding 3.55% APY, their 5-year through 9-year CDs are yielding between 3.66% and 3.69% APY, and their 10-year CD is yielding 3.75% APY. The APY on the 10-year CD goes up to 3.85% for deposits over $100,000. The minimum deposit required for these CDs is $2500. The CDs are also all available as IRA CDs with a reduced $1000 minimum deposit. If you’re looking for shorter-term CDs, Intervest also has 18- to 36-month CDs available at between 2.75% and 3.15% APY.
Intervest National Bank has six locations in Florida: Four in Clearwater, and one each in Clearwater Beach and South Pasadena.
High long-term CDs at Intervest Bank
We mentioned last month that Invertest National Bank had some high CDs for long-term savers. Those CD rates are still holding, and in fact, the 4-year CD has even gone up slightly :
- 3-year CD: 4.75% APY
- 4-year CD: 5.05% APY (was 5.00% APY)
- 5-year CD: 5.25% APY
Intervest also has CDs up to 10 years available, all of which are between 5.25% and 5.31% APY.
The minimum deposit required for these CDs is $2500. The CDs are also all available as IRA CDs with a reduced $1000 minimum deposit.
Intervest National Bank has six locations in Florida: Four in Clearwater, and one each in Clearwater Beach and South Pasadena.
Long-term CDs up to 5.25% at Intervest National Bank
Invertest National Bank has a number of good long-term CDs:
- 3-year CD: 4.75% APY
- 4-year CD: 5.00% APY
- 5-year CD: 5.25% APY
The minimum deposit required for these CDs is $2500. The CDs are also available as IRA CDs with a reduced $1000 minimum deposit.
Intervest National Bank has six locations in Florida: Four in Clearwater, and one each in Clearwater Beach and South Pasadena.
CDs up to 5.35% at Heritage Bank
Heritage Bank of Florida has a number of very good CD rates for a wide range of time periods:
- 14-month and 18-month CDs: 4.25% APY
- 21-month CDs: 4.75% APY
- 4-year CDs: 5.00% APY
- 5-year CDs: 5.35% APY
These CDs all have a minimum deposit of $1000 and potentially a maximum deposit of $100,000 (the website isn’t quite clear). All of them are also available as IRA CDs.
Heritage Bank of Florida has three locations, one each in Tampa, Lutz, and Wesley Chapel.
CDs up to 4.58% at Florida Credit Union
Florida Credit Union has a pretty nice short-term CD: Their 11-month CD is currently yielding 4.32% APY. If you’d like a somewhat longer term, their 25-month CD is also yielding 4.32% APY, and their 4-year CD is yielding an even better 4.58% APY. These CDs all have $10,000 minimums. These CDs are also available as IRA CDs.
Residents of Alachua County, Bradford County, Citrus County, Clay County, Columbia County, Gilchrist County, Lake County, Levy County, Marion County, Putnam County, Sumter County, Suwannee County and Union County are eligible to join Florida CU. Florida Credit Union has eight branches: three each in Gainesville and Ocala, and one each in Lake City and Starke.
5.25% CDs at National City
National City Bank has some really great CD rates available right now: Their 3-year and 4-year CDs are currently returning 5.25% APY. There’s a few hoops that need to be jumped through to get this deal, however: First, it requires either having a National City personal checking or savings account or opening a new NatCity checking account (not Free Checking) or a Money Market Savings account. Without that account, the rate drops by .25%. Second, it requires a minimum deposit of $10,000. If you go down to a minimum of $2500, the rate drops by .20%. On the plus side, the CDs area also available for IRA and Rollover IRA CDs, and the rate is currently expected to last through September 13th.
National City has numberous branches throughout Florida. You can find one near you here.