bank rates

Countrywide Bank Certificate of Deposit (CD) Rates

Now you can secure your spare funds and yield a higher rate of interest with a Certificate of Deposit account from Countrywide Bank. It is the best choice to meet your financial goals. You can lock in your funds for a suitable time frame and earn interest for as long as they are lying with the bank. There is no risk or danger of decreasing of interest rates with the market fluctuations. The returns on your investment are guaranteed.

The interest rates offered by Countrywide Bank are amongst the highest in the nation. Below is an overview of the Annual Percentage Yields (APY) as offered on Certificate of Deposit (CD) for various durations:

– A deposit of $10,000-$97,999 or $98,000-$249,999 or $250,000+ locked in for 3 months would earn 3.25% APY.
– A deposit of $10,000-$97,999 or $98,000-$249,999 or $250,000+ locked in for 6 months would earn 3.75% APY.
– A deposit of $10,000-$97,999 or $98,000-$249,999 or $250,000+ locked in for 9 months would earn 3.25% APY.
– A deposit of $10,000-$97,999 or $98,000-$249,999 or $250,000+ locked in for 12 months would earn 4.10% APY.
– A deposit of $10,000-$97,999 or $98,000-$249,999 or $250,000+ locked in for 18 months would earn 3.00% APY.
– A deposit of $10,000-$97,999 or $98,000-$249,999 or $250,000+ locked in for 24 months would earn 4.25% APY.
– A deposit of $10,000-$97,999 or $98,000-$249,999 or $250,000+ locked in for 30 months would earn 3.00% APY.
– A deposit of $10,000-$97,999 or $98,000-$249,999 or $250,000+ locked in for 36 months would earn 4.50% APY.
– A deposit of $10,000-$97,999 or $98,000-$249,999 or $250,000+ locked in for 48 months would earn 4.50% APY.
– A deposit of $10,000-$97,999 or $98,000-$249,999 or $250,000+ locked in for 60 months would earn 4.50% APY.
– A deposit of $10,000-$97,999 or $98,000-$249,999 or $250,000+ locked in for 84 months would earn 3.00% APY.
*The above mentioned Annual Percentage Yields (APY) are effective as of Thursday, May 08, 2008 at 8:30 AM EST and are subject to change without prior notice. These rates pertain to accounts opened via the internet only. For local Financial Center & Call Center rates, you can enter your zip code and get the customized rates from the site. For more information you can visit this page of their site: https://bank.countrywide.com/cwbrates.aspx?tab=cd.

Features of a CD Account:
– The minimum deposit to open a CD account and obtain the APY is $10,000.
– These rates pertain to consumer accounts only.
– The interest is compounded on a daily basis.
– For your convenience monthly interest checks are also available.
– A penalty is imposed for early withdrawal.
– No service fees is charged for this account.
– with a certificate of deposit account your deposits are insured to the regulatory maximum by the FDIC.

Countrywide Bank was launched on May 17, 2001. By providing substantial cost savings to its customers and keeping overhead low it has been established as one of the prestigious banks in the nation. Today it is a part of the Countrywide Financial Corporation (NYSE: CFC) family of companies and also a member of the Federal Deposit Insurance Corporation (FDIC). One can easily benefit from this bank and profit from its dependability & high quality customer service.

Once you become their member, you will enjoy facilities like highly competitive rates, easy online access to your accounts through their site: www.countrywidebank.com and a toll-free customer care center (1-800-214-8704). Their friendly and informed financial representatives are always be ready to help you for achieving your financial goals.

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  1. S. Robinson said:
    on May 1st at 06:32 pm

    Is Countrywide Bank still in business? All of the banks in Houston, Tx failed and were taken over by Bank of America. Haven’t seen good interest rates since!
    Please advise!

    S. Robinson