A suburban Philadelphia bank with a single location has jumped to the top of our rankings of the best nationally available 36- and 60-month CD rates.
Quaint Oak Bank in Southampton has topped both terms by offering:
- 2.25% APY for 36-month CDs
- 3.00% APY for 60-month CDs
Quaint Oak Bank is also paying 2.75% APY for 48-month CDs. All CDs require a minimum deposit of $500.
Our advice: Jump on this fast before Quaint Oak Bank pulls the deal or restricts it to local residents only.
These certificates of deposit can be purchased in person at Quaint Oak Bank’s single office, which is located in the Lakeside Office Park at 607 Lakeside Drive, or by mail.
You’ll need to call the bank first at 215-364-4059, and have the paperwork sent to you. You can download it on the bank’s website.
In the past, many community banks that have unexpectedly landed on the Leaderboard with top nationally available rates have been swamped with inquiries and have lowered rates or restricted sales within hours.
(We’re looking at you, First Bank Richmond.)
Of course, we’ve been proven wrong once or twice. Oh, Quaint Oak Bank, how we love being proven wrong.
See how these returns compare with the best CD rates from scores of banks in our extensive database.