bank rates

The Jacksonville Bank Has 3 Top CD Rates

A small north Florida bank has shot to the top of our rankings of the best, nationally available CD rates.

The Jacksonville Bank is now paying the best rates on three different terms:

A small north Florida bank has shot to the top of our rankings of the best, nationally available CD rates.2.60% APY on a 24-month certificate of deposit. That beats the 2.55% APY from Frontier Bank.

2.25% APY on a 12-month CD. That beats the 2.10% APY Amboy Direct and UmbrellaBank are offering.

1.75% APY on a 6-month CD, tying First Century Bank for the top rate.

You don’t need much cash to take advantage of these rates, either — the minimum deposit is only $1,000.

The bank has five branches in Jacksonville, Fla. and provides an online application for savers in other states.

The only catch is that deposits must be made by an electronic funds transfer.

Click here to compare these deals 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 (10 votes, average: 4.50 out of 5)
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2 Existing Comments
  1. DONLD BUTLER said:
    on November 16th at 06:58 pm

    INTERESTED IN INVESTING 55,000 IN CDS FOR 12 MONTHS. HOW DO I GET THE MONEY TO YA??

  2. DealMaven said:
    on November 20th at 10:50 am

    As often happens after a post on Bankaholic, The Jacksonville Bank has lowered a couple of its CD rates. The demand gets to be too much to handle. The 12-month CD now pays 2.10% APY instead of 2.25%, tying it with two other banks for the top rate. The 6-month CD rate was lowered to 1.50% APY from 1.75%, dropping it way down in the rankings.