CD Rates offered by banks are barely staying above 2% these days. Yet First Republic Bank is still offering some pretty nice competitive rates. Although, high yield short term CD Rates are hard to come by for any bank – First Republic Bank still has an 11-month CD that offers 2.10% APY. This is a liquid CD and is guaranteed for 10 months. There are no penalties on withdraw of this liquid CD account, however, there are certain restrictions with this CD – the restrictions include:
- $10,000 balance has to be in the account at all times – otherwise there is a penalty for early withdrawal
- No additional funds can be made during the length of the CD
- APY will stay the same for the entire term of the CD
- Withdrawing of CD has to be done in person
- Every withdrawal has to be 7 days apart and the first withdrawal has to be 7 days from the day the account was open in order to face no penalty fees
Some other great competitive CD Rates offers First Republic Bank has are in the mid and long term CDs, including:
- 2.8% APY for up to 2 years
- 3.15% APY for up to 3 years
- 3.50% APY for up to 4 years
- 3.75% APY for up to 5 years
If you want to open a CD account with First Republic Bank you can find them located in the following California locations: Los Angeles, Newport Beach, San Diego, San Francisco, Santa Barbara. They are also located in – Las Vegas (NV), Portland (OR), New York (NY), and Boston (Massachusetts). This bank is FDIC insured (#34571).
Do you know of any CD Rates offers that are working for you? Please share with the Go Banking Rates community.
Are you still located in the South Bay?
What is your CD rate for 18 months, $99K ? Thanks.
DON’T YOU POST CURRENT CD RATES, OR IS IT TOO
EMBARASSING? WHAT I SEE ON YOUR SITE IS 2.15% APY 1 YR.
DATED JUNE, 2009. SURELY YOU CAN UPDATE.
LMK
We publish the latest CD rates every day. You can view our rates table (which is updated daily) as well as our CD rate “deals of the day” at http://www.gobankingrates.com/cd-rates/