Friends Bank CD Rates

Friends Bank of New Smyrna Beach, Florida, is offering regular certificates of deposit and Individual Retirement Account (IRA) certificates of deposit. Friends Bank tag-line is "A Real Hometown Bank" and they actually have a monthly recipe on their website...this month's recipe is for White Corn Casserole.

The bank's regular certificate of deposits have CD terms between 30 days and 5 years. IRA certificates of deposit have terms ranging between 6 months and 5 years. Their CD rates are not the best CD interest rates available but they still beat the national average rates.

Regular CD Rates and Yields

• 30 Day CD 0.2497% Rate 0.25% APY $ 2000 Min


• 60 Day CD 0.4988% Rate 0.50% APY $2,000.00 Min


• 90 Day CD 0.4988% Rate 0.50% APY $2,000.00 Min


• 6 Month CD 0.6976% Rate 0.70% APY $2,000.00 Min


• 12 Month CD 1.2423% Rate 1.25% APY $500.00 Min


• 18 Month Advantage CD 1.4396% Rate 1.45% APY $5,000.00 Min


• 24 Month CD 1.4889% Rate 1.5% APY $1,000.00 Min


• 30 Month Advantage CD 1.6858% Rate 1.7% APY $5,000.00 Min


• 36 Month CD 2.4205% Rate 2.45% APY $1,000.00 Min


• 48 Month CD 2.5669% Rate 2.60% APY $1,000.00 Min


• 60 Month CD 2.713% Rate 2.75% APY $1,000.00 Min

IRA CD Rates and Yields

• 6 Month IRA 0.6976% Rate 0.70% APY $1,000.00 Min


• 12 Month IRA 1.2423% Rate 1.25% APY $1,000.00 Min


• 18 Month Advantage IRA 1.4396% Rate 1.45% APY $1,000.00 Min


• 24 Month IRA 1.4889% Rate 1.50% APY $1,000.00 Min


• 30 Month Advantage IRA 1.6858% Rate 1.7% APY $1,000.00 Min


• 36 Month IRA 2.4205% Rate 2.45% APY $1,000.00 Min


• 48 Month IRA 2.5669% Rate 2.6% APY $1,000.00 Min


• 60 Month IRA 2.713% Rate 2.75% APY $1,000.00 Min

All certificate of deposit accounts are insured by the FDIC up to $250,000 until December 31, 2013. FDIC insurance reverts back to $100,000 of coverage starting in 2014.

Friends Bank also has locations in Edgewater, and Ormond Beach, Florida. For current CD rates and yields visit: friendsbank.com.