Acacia Federal Savings Bank Certificates of Deposit

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.
 
Author: Robert Till
March 7th, 2010
Posted in: CD Rates