2.25% APY Top certificate of deposit rates with Arundel Federal Savings Bank

June 30th, 2011 Jonathan Chamberlain Leave a comment Go to comments

Arundel Federal Savings Bank invites consumers to grab a great savings opportunity thru their best certificate of deposit account with the best cd rates. The following are the current CD rates:

For balances of $10,000 and above:

9 months CD special 1.05% APY
12 months 0.80% APY
18 months 0.90% APY
30 months 1.50% APY
48 months 2.00% APY
60 months 2.25% APY

The bank also offers their 13 month CD special with an interest rate of 1.30% APY when you have an existing checking account and the minimum balance for this best CD rate is just $500. In case you decide to make a withdrawal before the maturity date, you will have to pay for the penalty which will be applied on your account. When your certificate of deposit account matures, the bank will automatically renew your account except for the 9 month CD special. The earnings of this money in the bank deal is compounded daily and paid on a monthly basis. The bank also gives a privilege to monitor your account using internet banking. Take note that the interest rate listed above is subject to change any time without notice.

Consumers who want to open this top CD rate will have to visit one of the banks branch near you to apply. You can also call Arundel Federal Savings Banks customer service if you have questions or concerns with regards to detailed information on their best CD account and current rates thru 410-355-9400.

The bank has branches located in the cities of Saverna Park, Pasadena, Glen Burnie, Gambrills, Baltimore, and Annapolis in the state of Maryland.

Arundel Federal Savings Bank was established in 1906 and has grown to have over $492 million in declared assets. They are also a member of the Federal Deposit Insurance Corporation with certificate number 28780

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