bank rates

Big Easy Deal: 1.77% On 3-Year CDs

New Orleans-based First NBC Bank is paying savers 1.77% APY on its 3-year certificates, with a minimum deposit of $10,000.

That’s more than a quarter point above the best nationally available return of 1.50% APY on our CD Rates Leaderboard.

piggly bank with cash poking out of the deposit slot.

It also means New Orleans-area savers have two great offers to choose from.

Crescent Bank & Trust is offering a comparable 1.81% on its 3-year certificates.

We’re only aware of two other local deals that pay this much or more on 36-month CDs:

First NBC has become Louisiana’s second-biggest bank since opening in the aftermath of Hurricane Katrina.

Its certificates of deposit can be purchased at any of its 32 branches located throughout Jefferson, Orleans, St. Tammany, Livingston, Tangipahoa and Washington parishes.

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