CD Rate of 2.05% on 9 Month Certificate of Deposit – Daily Deal

by Rate Nerd on September 15, 2009

interest ratesThis 9 month CD rate from Fidelity Bank may be just what your CD ladder is calling for.

Fidelity Bank in Michigan is offering 2.05% APY on its 9 month certificate of deposit for new accounts up to $250,000.

Details of the CD include:

  • $1,000 minimum opening deposit to earn stated cd rate APY.
  • Maximum CD deposit of $250,000.
  • New money only. Penalty for early withdrawal of the certificate of deposit.
  • Consumer accounts only, brokered accounts not eligible.
  • Limited time offer. Subject to change at any time.   Not valid with any other promotions or special offers.
  • CD deposit funds are FDIC insured up to the maximum amount allowed by law.

Dearborn Bancorp, Inc. (DEAR) is the bank holding company for Fidelity Bank (the Bank), a banking corporation that commenced business on February 28, 1994. The Bank offers a wide range of financial products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit, business checking, direct deposit, loan services, travelers’ checks, cashiers’ checks, wire transfers, safety deposit boxes, collection services and night depository services.

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