If you live in the Pacific Northwest you can take advantage of this special offer.
Banner Bank is paying 2.75% on a 15-month certificate of deposit with a one time bump.
That means your rate could go up if Banner offers a higher rate on 15-month CDs anytime before your CD matures.
We don’t think step-up CDs offer a lot of additional value.
But this is a very good interest rate for a CD this short — almost twice the national average of 1.55% for 24-month CDs.
You can apply on-line or go to any of Banner’s 86 branches in Washington, Oregon and Idaho. But you must be a resident of those states to open an account.
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