MidCoast Community Bank has just made a nice bump-up in its short-term CD rates. The CDs with terms of 6 to 9 months now have a 1.35% APY. Minimum deposit is $500. These rates are listed in the bank's rates page as of 6/7/2011.
It appears that a branch visit is required to open an account. MidCoasat Community Bank branches are located in Dover and Wilmington, Delaware.
Midcoast Community Bank has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas Ratio of 5.96% (excellent) based on March 2011 data. Please refer to our financial overview of MidCoast Community Bank for more details. The bank has been a FDIC member since 2007 (FDIC Certificate # 58498).
It's hard to find short-term CD rates above one percent these days. The best nationally available 6-month CD rate is 1.12% APY at AloStar Bank. The best nationwide short-term CD deal is at Ally Bank which offers a 1.14% APY 11-month no-penalty CD.
To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.
