bank rates

Missouri, Arkansas Deal: 3.50% 5-Year CD

Southern Bank has one of the best 5-year CD rates around for savers in Missouri and Arkansas.

Southern Bank has one of the best 5-year CD rates around.It’s paying 3.50% APY, which is two-tenths of a point higher than the best nationally available 60-month CD rates.

The minimum deposit is an affordable $500, although it carries a steeper than average penalty for early withdrawals — 12 months worth of interest.

You can buy this CD at one of Southern Bank’s 14 branches in southeast Missouri and northeast Arkansas, or online. But applications are only accepted from residents of Missouri and Arkansas.

Compare this return with the best CD rates from scores of other banks in our extensive database.

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Comments (3)
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3 Existing Comments
  1. Jen Stryker said:
    on July 4th at 12:26 pm

    Social shopping sitesSocial shopping sites have been characterized as a Facebook for people with a compulsion to shop and share.They allow users to tell the world what they’ve bought, where they got it and how much they paid for it. We think that’s a bad idea for all sorts of reasons. But our most recent post on the Personal Finance blog focuses on two reasons that are clearly hazardous to your financial health.

  2. Tim D. said:
    on July 18th at 09:40 am

    This rate has been lowered to 3.30%. Still a good deal.

  3. RateRunner said:
    on July 27th at 11:10 am

    Too bad. Southern Bank has lowered its 5-year CD rate to 3.30% APY. Still a good deal.