Umpqua Bank CD Rates July 2011 Update
From the people at Highest CD Rates the Umpqua Bank CD rates are being updated today. This is a community bank based out of Portland, Oregon that has met the needs of their customers since 1953.
Umpqua Bank certificate of deposit rates are available in two varieties the Fixed Rate CDs and the Advantage CDs. Each one is set up in a tiered format so the more you deposit, the greater your return. The minimum deposit amounts are $1,000, $10,000, $25,000 $50,000 and $100.000 for the fixed rate CDs. The Advantage CD’s have a tiered format of $5,000, $10,000, $25,000 $50,000 and $100.000
The current CD rates for the fixed rate CDs include the 180 to 364 day CD that is earning an APY of 0.30%, 0.30%, 0.30%, 0.30% and 0.50% respectively. The 12 to 17 month CD is earning an APY of 0.35%, 0.35%, 0.35%, 0.40% and 0.75%.
The Advantage CDs allows for one rate increase during the term of the CD. Their current CD rates include the 6 month CD that is earning an APY of 0.30%, 0.30%, 0.30%, 0.30% and 0.50% respectively. The best CD rates are from the 1 year CD that is earning an APY of 0.35%, 0.35%, 0.35% 0.40% and 0.75%.
If you desire to increase the amount of deposit the Advantage CDs allow for increased in increments of $1,000 at any time during the term of the investment.
The Umpqua CD rates were posted on June 6, 2011 but are subject to change without notice.