BankUnited CD Rates

By: EconomyWatch Content Team   Date: 16 July 2010

About The Author

EconomyWatch Content Team

The Economy Watch Content Team manages our thousands of reference pages on economic, industry,

EconomyWatch, Content Team

 

  • Dot Div
  •      

Whether you have been investing your money for a number of years or are new to doing this investing is a way to grow the money that you have worked hard to earn. Stop for a moment and think about all of the time, energy and effort that you put into the job you do each and every day. Isn’t it about time that your money began to earn some real interest for you as opposed to mere pennies?

Certificates of deposit are often thought of as steady and stable investments that are just a tad bit boring. Do not let that deter you. The wonderful thing about CDs is they earn you money over the term of the CD but you never have to sacrifice any of the principal of your money. These are safe and secure investments that are free of the risks inherent in other investments such as stocks and bonds.

BankUnited is referred to as Florida’s Bank. If you live in the state of Florida and wish to save your money in a safe investment then you will want to focus in on the BankUnited CD rates. Visit a branch of the bank to learn more. You may also want to place a call to the financial institution for information. Still another option is to see what this financial establishment has to offer by visiting them online.

If you have goals in mind and wonder how you will find the money to afford them then you are in an excellent place to open a certificate of deposit. Watch your money growing and growing when you open a CD account. If you wish to see your savings grow then a CD is a very smart way to do just that!

Here is a sampling of the current BankUnited CD rates that are current as of July 7, 2010. (Please note that all of the CDs at BankUnited require a minimum deposit of $5,000 to open them.):

•    12 Month Term- Interest rate of 1.19%, APY of 1.20%
•    24 Month Term- Interest rate of 1.58%, APY of 1.60%
•    36 Month Term- Interest rate of 1.98%, APY of 2.00%

It is worth mentioning that the interest on the certificates of deposit at BankUnited is compounded on a daily basis. If you have decided that you want to invest the money you have saved then the time has come to open a CD account. For Floridians the place to invest is BankUnited. To learn more visit them online at http://www.bankunited.com/.


  • Dot Div
  •      

Most Popular in Bank CD Rates

Related Links
blog comments powered by Disqus