Acacia Federal Savings Bank (Acacia Federal), based in Falls Church, VA, is offering the following certificates of deposit but first a little background on Acacia Federal.

Acacia Federal is a thrift institution which has been operating in the Washington DC Metro area since it opened in March 1985. Acaica Federal is a subsidiary of the Acacia Life Insurance Company.

In addition to CD accounts, the bank offers a design your own certificate of depost option that allows you to chose any CD term from 6 months to 6 months.

Here is a current list of rates:

• 3 Months $500 N/A 0.95% 0.95%
• 6 Months $500 $100 1.09% 1.10%
• 9 Months $500 $100 1.34% 1.35%
• 12 Months $500 $100 1.69% 1.70%
• 18 Months $500 $100 1.83% 1.85%
• 24 Months $500 $100 2.03% 2.05%
• 30 Months $500 $100 2.18% 2.20%
• 36 Months $500 $100 2.62% 2.65%
• 48 Months $500 $100 2.96% 3.00%
• 60 Months $500 $100 3.25% 3.30%

For the design your own CD account option you need to call the bank at 1-800-950-0236.

The banks CD accounts have the following features:

• You can select the term or maturity that’s best for you from 3 months through 5 years.
• The standard insurance amount of $250,000 per depositor is in effect through December 31, 2013. 
• Interest can be sent to you monthly, quarterly or semiannually
• Option to Maximize Your Earnings – CD interest is compounded daily and can be paid to your account quarterly … paying “interest-on-interest” until maturity.
• The application can be completed online.

Rates can change at anytime so check Acacia Federal Savings Bank for current rates.