First State Bank of Harvey CD Rates

The First State Bank of Harvey has been growing and evolving for the past century. It was chartered at Silva, North Dakota in the year 1913 as the First Bank of Silva. The bank started with $10,000 in capital and has grown to a financial institution with $60 million in assets. The name was changed to the First State Bank of Harvey in 1936. The bank also has a branch in Anamoose, MD.

The First State Bank of Harvey has been growing and evolving for the past century. It was chartered at Silva, North Dakota in the year 1913 as the First Bank of Silva. The bank started with $10,000 in capital and has grown to a financial institution with $60 million in assets. The name was changed to the First State Bank of Harvey in 1936. The bank also has a branch in Anamoose, MD.

The bank has seen its ups and downs, including a fire that destroyed the building it was housed in in the year 1952. But it has remained strong over the years. The bank has much to offer all of its customers, new and old. Both the growth and prosperity of the First State Bank of Harvey is due to the dedication of all of its hard working staff members. The bank has developed an atmosphere that can only be described as family-like, thanks to the fact that so many of its employees have been with the company for a number of years.

This is as good a time as any to invest in a certificate of deposit (CD). A CD is a safe and risk free investment that is very stable. All accounts at the First State Bank of Harvey are insured by the Federal Deposit Insurance Corporation (which is often abbreviated to FDIC) up to the total of $250,000 per depositor. This should provide you with of the peace of mind that you require.

Here is the current First State Bank of Harvey CD rates (effective from July 16 to July 22, 2010):

•    3 Month CD – Rate of 0.80%, APY of 0.80%
•    6 Month CD – Rate of 1.00%, APY of 1.00%
•    12 Month CD- Rate of 1.30%, APY of 1.31%
•    18 Month CD- Rate of 1.50%, APY of 1.51%
•    24 Month CD Special- Rate of 1.90%, APY of 1.90%
•    30 Month CD- Rate of 1.90%, APY of 1.91%
•    60 Month CD- Rate of 2.90%, APY of 2.93%
•    18 Month IRA- Rate of 1.50%, APY of 1.51%
•    30 Month IRA- Rate of 1.90%, APY of 1.91%

The 3 and 6 month certificates of deposit compound at maturity, whereas that is not the case with the other terms. The 12, 18, 30 and 60 month CDs compound on a quarterly basis, a semi-annual basis or an annual basis. The checks and deposits to CD accounts can be monthly or they can be longer. The minimum balance required to open any of the certificates of deposit at the First State Bank of Harvey is $1,000. Be forewarned that withdrawing all or part of the money from a CD account early will result in a substantial penalty being imposed.

To learn more about the First State Bank of Harvey CD rates visit the site at http://www.firstharvey.com/.