bank rates

Florida Deal: Short-Term CDs Pay 1.5%

Sun poking through cloudsOnce again, Florida’s HomeBanc has stepped up to the plate with special short-term CD rates that put them in a league of their own.

It pays 1.50% APY on 3-month CDs with a $5,000 minimum deposit of new money.

The top nationally available 3-month CD rate on our CD Rates Leaderboard pays just 0.45% APY – in other words, more than a percentage point less.

In fact, the offer pays more than even the best 36-month CD on our Leaderboard.

Unfortunately, the new money requirement isn’t the only stipulation for buying these certificates of deposit.

This offer isn’t available to customers who’ve taken advantage of HomeBanc’s previous CD promotions and closed their accounts in the last 24 months. But that doesn’t apply to those who bought CDs in that time period and maintained a relationship with the bank through a checking account.

Also, the maximum deposit is $75,000.

You have to be a resident of Florida to buy these certificates of deposit and do so in person at one of HomeBanc’s 14 banking centers.

Those are in Belleair Bluffs, Clearwater, Dunedin, Kenneth City, Lake Mary, Largo, Pinellas Park, Sarasota, Seminole, St. Petersburg, Tampa (which is closing at the end of April) and Winter Park.

Learn more about HomeBanc at or call 813-228-8300.

Compare these returns with the best CD rates from scores of banks in our extensive database.

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