Central Progressive Bank 9 month Special CD at 2.11%APY

Central Progressive Bank is offering a 9 month Special CD at 2.11%APY. The rate is quite competitive in the area and is above the national average.

The required minimum deposit amount and the minimum balance to obtain the APY is $500.

The bank’s longest CD term is a 120 month 2 Jump Special CD at 4.10%APY. It requires the same amount of $500 as minimum opening deposit and to obtain the APY. What’s good about this 2 Jump Special CD is that a customer can request the bank to jump up the rate if there is a rate increase. The customer can make a request twice since it’s a 2 Jump Special CD. In other words, there is a better chance of getting a higher return on ones CD investment.

There are other Jumbo CD accounts offered by the bank but rates are the same with regular CDs and the balance requirement is over $100,000.

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