bank rates

Countrywide Bank 5.50% CD Rate

Posted in Bank CD Rates by Bankaholic
September 30, 2007 08:07 PM - 12 Comments

Countrywide Bank has given a decrease to the CD interest rates, Countrywide Bank still is a leading CD provider inside the banking market, who maintain a generous CD interest rate. Nationally the new yeild that Countrywide Bank is giving customers is 5.50% APY CD rate. The required first deposit for this CD interest rate is high, $10,000. People that are Californians are given a 10 more basis points on any type of CD that is short term.

Countrywide is giving this CD rate, and according to the Wall Street Journal the banking company is getting around 40$ million dollars a day in new deposits each and every day. These increases in profit for Countrywide has allowed them to fund the new mortgage loan setup that Countrywide has recently opened.

Interesting developments for the Countrywide Bank, remember you can be insured up to one hundred thousand dollars, remember this when opening a CD account.

Comments (12)
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 4.00 out of 5)
Loading...
12 Existing Comments

Add New Comment

  1. JacMac said:
    on November 5th at 08:14 pm

    As of today, 11/5/07 Countrywide has dropped this rate to 5.35% — I was just one of their financial centers. It’s still a good rate though not as good as it was last week.

  2. Las said:
    on December 7th at 07:17 pm

    A few months back, just about at the time when the subprime fiasco started I walked into a local Countrywide Branch with the intent to open a new CD; at that time @5.65%. The money was never transfered since we decided that a few fractional points in the interest rate are not worth the risk.

  3. J Kohler said:
    on January 20th at 03:04 pm

    I have been banking with Countrywide with NO problems. The accts. are easy to open. To date I’ve only done increments of 10,000 but I’m ready to go bigger as they have earned my trust.

  4. Allen B said:
    on May 15th at 08:21 am

    Where is there a Countrywide in New York?

  5. rca ieftin said:
    on May 27th at 04:57 am

    You really help it become seem really easy together with your presentation but I to find this topic to get really a very important factor which I feel I’d never understand. It type of feels too complicated and also extensive personally. I am taking a look ahead on your own next submit, I will try to find the cling of the usb ports!

  6. worldwidesex said:
    on September 4th at 05:06 pm

    Fastidious answer back in return of this difficulty with firm arguments and telling everything about that.

  7. adultfrinendfinder avis said:
    on September 22nd at 05:00 am

    I think that what you wrote made a lot of sense.
    However, what about this? suppose you typed a catchier title?

    I am not saying your content isn’t solid,
    however suppose you added a title to maybe get people’s attention? I mean Countrywide Bank 5.50% CD Rate at CD (Certificate of
    Deposit) Rates – Top 25 Highest CD Rates is a little vanilla.
    You could look at Yahoo’s home page and note how they create news headlines to get
    viewers to click. You might try adding a video or a pic or two
    to grab readers excited about what you’ve got to say.
    In my opinion, it could make your website a little bit more interesting.

  8. asult friend finder said:
    on October 20th at 02:25 pm

    Hi, this weekend is pleasant in favor of me, since this occasion i am reading this impressive educational piece of writing here at my
    home.

  9. suba suba said:
    on June 11th at 05:17 am

    Very neat article.Really looking forward to read more. Keep writing.

  10. Rolet online said:
    on July 8th at 10:57 am

    Very good information. Lucky me I found your site by accident (stumbleupon). I have bookmarked it for later!

  11. Slotxo said:
    on July 19th at 11:40 am

    You might be my role models. Many thanks for the post

  12. noticias autonómicas said:
    on July 26th at 11:50 pm

    There as certainly a lot to learn about this topic. I love all the points you have made.

© 2020 Bankrate, LLC. All Rights Reserved.
privacy policy/your california privacy rights - terms of service - contact us - affiliates - press