Nexity Bank CD Rates
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The Nexity Financial Corporation makes its headquarters in Birmingham, Alabama. It was incorporated on March 12, 1999 in Delaware. Nexity Financial operates a subsidiary bank called the Nexity Bank. The Nexity Bank also has its headquarters in Birmingham. It also has other offices in Raleigh, North Carolina, Myrtle, Beach, South Carolina, Columbia, South Carolina and Atlanta, Georgia.
The Nexity Financial Corporation makes its headquarters in Birmingham, Alabama. It was incorporated on March 12, 1999 in Delaware. Nexity Financial operates a subsidiary bank called the Nexity Bank. The Nexity Bank also has its headquarters in Birmingham. It also has other offices in Raleigh, North Carolina, Myrtle, Beach, South Carolina, Columbia, South Carolina and Atlanta, Georgia.
The Nexity Bank has a banking center, a lending center and an investment center. It also has some of the best interest rates around. Check out the current Nexity Bank CD rates at a local branch or visit the bank’s website to learn more.
The CDs at Nexity offer high rates of return on your money. In fact they are consistently among the highest rate CD investments in the nation. If you are looking for an excellent return on your investment then look no further then a Nexity Bank CD!
At Nexity there are a variety of terms to choose from. The terms range from 30 days to 24 months. To open a personal Nexity CD requires a minimum deposit of $1,000. Interest on a certificate of deposit is compounded on a daily basis. The interest that is earned on CDs that are 12 months in duration or less is paid out at maturity while those that are 12 months or more are paid out yearly. All certificates of deposit at this financial institution automatically renew once they reach their maturity date.
Here are the current Nexity Bank CD rates for CDs with an opening deposit of $1,000- $49,999 (effective as of July 21, 2010):
• 30 Day CD- 0.26% APY
• 90 Day CD- 0.56% APY
• 6 Month CD- 1.01% APY
• 9 Month CD- 0.90% APY
• 12 Month CD- 1.26% APY
• 24 Month CD- 1.57% APY
Here are the most recent Nexity Bank CD rates for CDs with an opening deposit of $50,000+ (effective as of July 21, 2010):
• 30 Day CD- 0.26% APY
• 90 Day CD- 0.56% APY
• 6 Month CD- 1.01% APY
• 9 Month CD- 0.90% APY
• 12 Month CD- 1.26% APY
• 24 Month CD- 1.57% APY
The Nexity Bank is the one to look to if you are ready to invest in a stable and virtually risk free form of saving and investing your money. It is important to note however that a substantial penalty will be imposed on a customer if they choose to withdraw their money from the deposit account early. That is why it is vital that you think through which term is best for you and do not just randomly choose one.
To learn more about what the Nexity Bank has in store for you as well as to see the current Nexity Bank CD rates visit the website found at http://www.nexitybank.com/.