Rhinebeck Savings Bank CD Rates
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
At the Rhinebeck Savings Bank saving your money is something this bank knows all about! This year the Rhinebeck Savings Bank is celebrating its 150th anniversary. The bank got its start in 1860 and is still growing strong in the year 2010. At the Rhinebeck you can do personal banking or business banking. The website provides you with plenty of handy tools as well as a selection of calculators. All accounts at this financial institution are a part of the FDIC Transaction Account Guarantee Program.
At the Rhinebeck Savings Bank saving your money is something this bank knows all about! This year the Rhinebeck Savings Bank is celebrating its 150th anniversary. The bank got its start in 1860 and is still growing strong in the year 2010. At the Rhinebeck you can do personal banking or business banking. The website provides you with plenty of handy tools as well as a selection of calculators. All accounts at this financial institution are a part of the FDIC Transaction Account Guarantee Program.
The Rhinebeck Savings Bank CD rates are an excellent deal that is worth exploring further. If you are ready to save your money in a serious manner then opening a certificate of account is the way to do that. Take a chance. You risk nothing when you open a CD account because you have the security of FDIC insurance (as previously mentioned) behind you. CDs do not bounce all over the place like other types of investments such as stocks, bonds or mutual bonds. If you want both safety and return then a certificate of deposit is the right kind of investment for you.
The Rhinebeck Savings Bank is a strong community-driven financial institution in Dutchess County. The bank was incorporated on April 12, 1860 as a mutual savings bank. It then opened its doors as of May 5, 1860 which happened to be a Saturday that year. Over the years the bank has opened a number of branches in various locations. The bank has a belief in relationship focused banking. It believes in growing relationships through one-on-one interactions. Its success is in its customers.
The Rhinebeck Savings Bank makes available to its customers a selection of CDs. Some CDs must be started with $2,000 or more while others must be started with $10,000 or more. Let us take a look at the most recent Rhinebeck Savings Bank CD rates that were effective on January 15, 2010:
• 3 Month CD- 0.75% APY, 0.75% Rate (Min. to open- $10,000)
• 6 Month CD- 0.95% APY, 0.95% Rate (Min. to open- $2,000)
• 6 Month CD- 1.00% APY, 1.00% Rate ($10,000)
• 1 Year CD- 1.20% APY, 1.19% Rate ($2,000)
• 1 Year CD- 1.25% APY, 1.24% Rate ($10,000)
• 18 Month CD- 1.30% APY, 1.29% Rate ($2,000)
• 18 Month CD- 1.35% APY, 1.34% Rate ($10,000)
This is only a sampling of the CD rates that are available at the Rhinebeck Savings Bank. The shortest term CD that the bank offers to its customers is the 3 month CD. The longest one is the 5 year CD. The ones that fall in between these two terms include the 6 month CD, the 1 year CD, the 18 month CD, the 2 year CD, the 3 year CD and the 4 year CD.
To learn more about the certificates at the Rhinebeck Savings Bank visit the website at http://www.rhinebecksavings.com/.
