CD ladders are a great way to diversify investment portfolios, as the move is a low risk strategy protecting your principal. 1st Mariner Bank has an outstanding 2-Year CD rate offer at a whopping 1.98% APY that should be incorporated into any CD ladder strategy. The terms for qualifying for the high 24-month CD rates include:
- Minimum deposit of $500 required
- Early withdrawal penalties may apply
- Interest rate is fixed for entire 2-year certificate of deposit terms
- FDIC insured
There are multiple locations of the 1st Mariner Bank around the Maryland area. Those interested in applying for the 24-mo CD should feel free to stop by any of the branches located at 1st Mariner Tower, Annapolis, Arbutus, Bel Air, Canton (drive through), Carroll Island, Cockeysville, Columbia, Downtown Baltimore, Dundalk, Easton, Ellicott City, Glen Burnie, Hickory, Lutherville, Odenton, Owings Mills, Perry Hall, Pikesville (plus a drive through branch), Severna Park, Shrewsbury, Towson-Loch Raven, Westminster, White Marsh and Woodlawn. Learn how to set up a CD ladder with this easy
CD ladder spreadsheet
Current 1st Mariner Bank CD Rates
Other Terms and Conditions may apply. Additionally, rates 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.
