CD Interest Rates Today: Alterra Bank at 0.85% APY
Many savings accounts offer impressive interest rates, but there’s always the concern that they might decline as the market changes. With a certificate of deposit, the rules are different. A CD is just like any other savings package, with one difference — a CD’s interest rate remains fixed in exchange for the account holder’s promise to keep his money on deposit for a set period of time.
With Alterra Bank‘s 24-month CD, dedicate a minimum $1,000 to this special savings account and receive a 0.85% APY that earns impressive dividends.
CD Interest Rates: Terms and Conditions
Interest on this savings account, at the 0.85% APY, is credited and compounded quarterly — which, after a two-year term, is eight times total over the life of the CD. Account holders can also track how much interest they’ve earned with free online banking.
Alterra Bank’s two-year CD is insured by the FDIC up to $250,000.
About Alterra Bank
Operating with a simple motto of “Become the world’s greatest bank,” Alterra Bank follows through with a number of personal and business solutions designed to help people near Kansas City achieve a healthy financial future.
Click here for the best CD interest rates today.
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.