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  • First Bank of San Luis Obispo, a division of Pacific Capital Bank, NA which is based in California, is currently promoting IRA CDs.

    It offers 3 long term IRA CDs that requires $1,000 minimum opening deposit. The terms are 36-month IRA CD at 2.25%APY, 48-month IRA CD at 2.25%APY and 60-month IRA CD at 2.25%APY.

    These APYs are accurate as of April 28, 2009 but is subject to change without notice. APYs also assume interest remains on deposit up to its maturity period. A $20 annual fee and special handling fees may also apply.

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  • Omaha State Bank, a member of FDIC, is offering IRA CD rates that are competitive. The bank’s IRA CD terms are from 6 months to 30 months.

    $1,000 minimum balance is required by the bank to obtain the APYs current as of July 2, 2009.

    • 30 month  – 2.02%APY
    • 24 month – 1.76%APY
    • 18 month – 1.51%APY
    • 12 month – 1.21%APY
    • 6 month – .80%APY
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  • Midwest Bank, a federally insured bank based in Minnesota, is offering IRA Certificates of Deposit. The rates offered are quite competitive with terms from 12 months to 60 months.

    Opening an IRA CD account requires a minimum opening deposit of at least $1,000. You must also maintain the same amount as your minimum daily balance to obtain the APY.

    The offered IRA CD rates are:

    • IRA 12 month CD – 2.00%APY
    • IRA 24 month CD – 2.25%APY
    • IRA 36 month CD – 2.70%APY
    • IRA 48 month CD – 3.10%APY
    • IRA 60 month CD – 3.35%APY

    Avoid making early withdrawals to avoid paying penalty.

    Midwest Bank IRA CD rates effective January 05, 2010:

    • IRA 12 month CD – 1.45%APY
    • IRA 24 month CD – 1.85%APY
    • IRA 36 month CD – 2.20%APY
    • IRA 48 month CD – 2.85%APY
    • IRA 60 month CD – 3.20%APY
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  • Wells Fargo has special IRA CD rates that vary by state.

    For the State of Alabama, Wells Fargo features a 9 month IRA CD at 0.90%APY with a renewal term of 6 months, a 17 months IRA CD at 1.65%APY with a renewal term of 12 months and a 25 months IRA CD at 2.15%APY with a renewal term of 24 months.

    Wells Fargo requires a minimum opening deposit of at least $2,500 from interested investors.  Note that the special rates are available to initial terms only.

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