2-Year CDs Can Earn A Decent 1.60% APY at Scott Valley Bank

With year-round sunshine, Californians are dedicated to spending their leisure time in the great outdoors. The last thing they want to do is waste any time trying to find the best 2-year CD interest rates. With Scott Valley Bank’s tiered certificate of deposit rates, they will not have to.

Scott Valley Bank CD rates are well along the lines of the national averages, regardless of the size of your initial deposit. The 24-month CD interest rate tiers are:

• Deposit amounts ranging between $2,500 and $9,999 can qualify for an 1.40% APY
• Deposit amounts ranging between $10,000 and $24,999 can qualify for an 1.50% APY
• Deposit amounts ranging between $25,000 and $49,999 can qualify for an 1.50% APY
• Deposit amounts ranging between $50,000 and $99,999 can qualify for an 1.60% APY
• Deposit amounts totally $100,000 or more can earn 1.55% APY

To ensure that you earn the maximum potential of 2-year Scott Valley Bank CD rates you should know:

• Minimum opening balance of $2,500 required
• Interest is fixed for entire term of 2-year certificate of deposit
• Early withdrawal penalties will apply
• Interest compounded daily
• You choose between monthly, quarterly, or maturity interest distribution
• FDIC insured

Scott Valley Bank’s history traces back to when Adam Baker Carlock left his family’s Iowa home in 1852. His vision was finding gold and adventure in California. Eventually, the entrepreneur struck gold of a different type. He started to offer packing services to the local miner community and that proved far more valuable over time. After a couple of years of building relationships with the miner’s community, he became a trusted friend. He started holding the gold for the laborers, and his banking career was launched.

Over one hundred years later, this simple act of friendship has evolved into the Scott Valley Bank financial institution. This entity is the oldest independently owned bank within the entire state of California. Scott Valley Bank has locations in Walnut Creek, Redding, Shingletown, Mount Shasta, Weed, Etna, Fort Jones, Happy Camp and Medford.

>>Top 24-Month 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.