Compass Bank CD Rates Update
Here at Highest CD Rates Info, we try to keep you informed of the latest rates available at your favorite bank. Today, we’re going to have another look at the offers in Compass Bank CD rates. The current CD rates start in terms of 1 month and go out to 60 months (5 years).
Minimum deposits on all Compass CD rates are $5,000 to open and maintain the account. There are penalties for early withdrawal.
The 1 and 3 month terms both offer an annual percentage yield (APY) of 0.15%. A six month terms gets a 0.40% APY and a 9 month term pulls a 0.60% APY. These are nationally competitive.
For a 12 month term, rates at 1.10% APY – better than average – and for 18 months it drops to 1.05% APY.
Two years gets 1.20% APY while 30 months gives a 1.30% APY. 36 months offers a 1.55% APY and 48 months gives a respectable 2.00% APY. Highest CD rates are offered on a 60 month term at 2.40% APY.
The most competitive of these current CD rates are the 9 and 12 month offers as well as the 24 month rates.
Of course, all accounts at Compass (dba BBC Compass) are fully FDIC insured for security. Current rates could be different depending on your location and are subject to change at any time. Consult with a financial adviser before making any major financial decision. Compass is a regional bank and may not offer rates in your area.