bank rates

9-Month CD Deal Pays For Missourians

Savers along I-70 take note: American Bank of Missouri is paying 1.15% APY on 9-month CDs.

Short-term deals are few and far between these days, and this one comes very close to the top return of 1.17% APY for 12-month CDs on our CD Rates Leaderboard.

You won’t find this special certificate of deposit listed anywhere on the American Bank of Missouri website. We discovered it in a local newspaper ad and called the bank to confirm.

You’ll need to pony up a $5,000 minimum deposit of new money, or funds not already on deposit at American Bank of Missouri.

And while you don’t have to be a Missouri resident to buy these certificates of deposit, they must be purchased at one of the banks six branches.

One office is in the suburban St. Louis town of Rock Hill. The others are in small towns west of the city – Middletown, Montgomery City, Warrenton, Wellsville and Wright City.

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