Deal of the Day: Westbound Bank CD Rates at 0.80% APY
Certificates of deposit are a good place to put your money if you want to lock in a higher interest rate for a specific period of time. Because you will not be able to withdraw your money without facing penalties, it’s important to find the highest rate possible on a CD.
Westbound Bank is offering 24-month CD rates at 0.80% APY.
Westbound Bank CD Rates: Terms and Conditions
The CD requires a minimum balance of $1,000. You might face early withdrawal penalties if you take out your money before the term of the CD is finished. The interest on the CD is compounded quarterly.
About Westbound Bank
Westbound Bank is a Texas-based financial institution with four branches. As of December 2012, the bank has more than $129 million in assets. The bank is a member of the FDIC, which means your deposits are insured up to $250,000.
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Other Terms and Conditions may apply. Additionally, interest rates are based on the institution’s online published rates and may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.