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Earn 2.50% With Ridgestone 25-Month CD

Posted in CD Rates by RateRunner
October 21, 2009 10:00 AM - 2 Comments

If you’ve got big money, Ridgestone Bank has big CD rates.

Ridgestone Bank is paying 2.50% APY on a 25-month CD with a $40,000 minimum deposit.It’s paying 2.50% APY on a 25-month CD, which matches the best rates on nationally available 24-month CDs.

The drawbacks are that Ridgestone wants a hefty $40,000 minimum deposit and you can’t buy one of these certificates of deposit online.

You have to call one of the bank’s two branches in suburban Chicago (847-805-9520) or suburban Milwaukee (262-789-1011) to get an application e-mailed to you.

Click here to compare these offers with the best CD rates from dozens of other banks in our extensive database.

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Comments (2)
1 Star2 Stars3 Stars4 Stars5 Stars (6 votes, average: 4.50 out of 5)
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2 Existing Comments

  1. DealMaven said:
    on November 5th at 08:22 am

    Ridgestone Bank dropped its APY on the 25-month CD special to 2.25% from 2.50%, which takes it out of the “great offers” category. You can earn more by checking out your options at “Frontier Alone At Top of 2-Year CD Rates.”

  2. DealMaven said:
    on November 9th at 09:18 am

    Ridgestone Bank in Schaumburg wants a $40,000 minimum deposit for its savings account that now earns 2.25%, but Ridgestone Bank in Brookfield, Wis., requires only a $20,000 for the same rate.

    As mentioned in the above comment, you can get more for your money with a 2-year CD and the rate will not change.

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