Centennial Bank IRA Rates

Centennial Bank, which hasĀ  a 4 star rating from Bauer Financial, is offering IRA products. IRA rates effective April 1, 2009 are as follows:

  • 12 months – 2.02%APY
  • 24 months – 2.32%APY
  • 36 months – 2.63%APY
  • 48 months – 2.73%APY
  • 60 months – 3.04%APY

IRA products offered by Centennial Bank are FDIC insured to $250,000.

Update: Centennial Bank IRA rates effective August 26, 2009:

  • 12 months – 1.61%APY
  • 24 months – 1.92%APY
  • 36 months – 2.53%APY
  • 48 months – 2.73%APY
  • 60 months – 3.04%APY

If you notice, the 12 month and 24 month IRA rates are down. The big drop is on the 12 month IRA, which is down by 0.41%APY. The 24 month IRA is also down by 0.40%APY. The 36 month IRA made a slight change of 0.10%APY while the rest remains the same.

Centennial Bank still guarantees FDIC insurance of $250,000 per depositor.

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