Urban Trust Bank IRA CD Rates

Urban Trust Bank offers competitive IRA CD rates that only require a minimum opening deposit of $500. The IRA CD rates offered however apply only to opening balances between $500 and $249,999.

The highest IRA CD rate offered by the bank is 4.50%APY for a 60 month term. The rest of the IRA CD rates are as follows:

  • 48 months – 4.25%APY
  • 39 months – 4.00%APY
  • 24 months – 2.85%APY
  • 18 months – 2.80%APY
  • 12 months – 2.75%APY
  • 9 months – 2.30%APY
  • 6 months – 2.15%APY
  • 3 months – 2.00%APY

Update October 14, 2009: Urban Trust Bank IRA CD Rates are down.

  • 60 months – 3.18%APY
  • 48 months – 2.93%APY
  • 39 months – 2.70%APY
  • 24 months – 2.42%APY
  • 18 months – 2.18%APY
  • 12 months – 1.95%APY
  • 9 months – 1.80%APY
  • 6 months – 1.65%APY
  • 3 months – 1.41%APY

Update January 1, 2010:

  • 60 months – 2.83%APY
  • 48 months – 2.57%APY
  • 39 months – 2.34%APY
  • 24 months – 2.05%APY
  • 18 months – 1.83%APY
  • 12 months – 1.61%APY
  • 9 months – 1.47%APY
  • 6 months – 1.32%APY
  • 3 months – 1.11%APY

Update February 21, 2010:

  • 60 months – 2.83%APY
  • 48 months – 2.57%APY
  • 39 months – 2.34%APY
  • 24 months – 1.99%APY
  • 18 months – 1.77%APY
  • 12 months – 1.55%APY
  • 9 months – 1.41%APY
  • 6 months – 1.27%APY
  • 3 months – 1.11%APY

Urban Trust Bank, which has locations in Florida, Virginia and Maryland, is FDIC insured.

If you are a resident of California, you may want to check California’s 12 month bank IRA rates. The IRA CD rates for Indiana in February 2010 are also quite competitive.

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