Bank of Oklahoma CD Rates
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
The slogan for the Bank of Oklahoma is, “Long Live Your Money.” This is a bank that is serious about helping its customers to save and invest their money in the ways that are most suitable for them. The Bank of Oklahoma has certificates of deposit (CDs), a premier money market account and a personal savings 2.0 account. The Bank of Oklahoma is a financial institution that serves the Tulsa Metro and Oklahoma City areas.
The slogan for the Bank of Oklahoma is, “Long Live Your Money.” This is a bank that is serious about helping its customers to save and invest their money in the ways that are most suitable for them. The Bank of Oklahoma has certificates of deposit (CDs), a premier money market account and a personal savings 2.0 account. The Bank of Oklahoma is a financial institution that serves the Tulsa Metro and Oklahoma City areas.
A savings account is a good place to start when you are in a saving mode. It lays the groundwork for your future financial goals. When you are ready to get a little more sophisticated and want to not just save but also invest then it is time to open a CD account. A CD provides you with the security of a savings account while at the same time earning you higher yields with a fixed interest rate that is guaranteed. This means that you do not risk the principal of your money when you put it into a certificate of deposit account.
Certificates of deposit (CDs) also act as tools that come in handy in terms of managing your money. It takes discipline and restraint to set aside money for a specified period of time. But once you do it you prove to yourself that you are capable of being an effective money manager and an effective money saver!
The Bank of Oklahoma CD rates have much to offer anyone who takes the time to learn more about them. With a CD you can lock in higher interest rates then you would lock in with other types of savings products. The terms are very flexible and range from seven days to seven years. That is a great deal of choice right there!
You are not charged a fee to open a CD account nor are there any maintenance fees to pay throughout the term of the CD. If you like the interest you earn can be credited to the certificate of deposit or it can be credited to another account you have at the Bank of Oklahoma such as a checking account, savings account or money market account.
Most accounts at the Bank of Oklahoma are insured by the FDIC up to the amount of $250,000. Many of the certificates of deposit that this bank sells can be styled as either Roths or IRAs. It is also worth noting that a CD through this bank can be used as a form of collateral for a loan through the bank.
To see the most recent Bank of Oklahoma CD rates visit the bank’s website found at http://www.bok.com/.
