Stockton National Bank CD Rates
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The Stockton National Bank in Stockton, Kansas is the bank to look to if you live in this area and want all of your financial needs to be treated with the utmost care. The Stockton National Bank offers to its customers a variety of checking and savings accounts. Examples of these include regular checking, free checking, the Now account, the HSA/Now account, money market account and the passbook savings.
The Stockton National Bank in Stockton, Kansas is the bank to look to if you live in this area and want all of your financial needs to be treated with the utmost care. The Stockton National Bank offers to its customers a variety of checking and savings accounts. Examples of these include regular checking, free checking, the Now account, the HSA/Now account, money market account and the passbook savings.
The financial institution also makes available to its valued customers IRA and CD accounts. For those who are not familiar with these acronyms, IRA stands for Individual Retirement Account while CD stands for Certificate of Deposit. Both are ways to save and invest your money and will earn you higher returns than a traditional savings account.
The Stockton National Bank CD rates are competitive and are also subject to change at any time without prior notice. These rates can be viewed at any Stockton National Bank office as well as at the bank’s website. The bank offers a variety of terms for its certificates of deposit. There is a 3 month CD, a 6 month CD, a 12 month CD, an 18 month CD and a 24 month CD. Do not be hasty in choosing the term for your CD account. There is a penalty for the early withdrawal of money from a certificate of deposit at the Stockton National Bank which is why you must make a well thought out decision.
Remember that you will not have access to the money you put into a CD until the term is up and the maturity date has been reached. If you cannot go without the money for more than one year then do not choose a 24 month CD, but instead go with the 6 month or 12 month CD. Be aware that all certificates of deposit at Stockton must be opened with a minimum balance of $1,000.
Here are the current Stockton National Bank CD rates as of March 15, 2010:
• 3 Month CD- Interest rate of 1.10%, APY of 1.10%
• 6 Month CD- Interest rate of 1.25%, APY of 1.25%
• 12 Month CD Interest rate of 1.45%, APY of 1.46%
• 18 Month CD- Interest rate of 1.60%, APY of 1.61%
• 24 Month CD- Interest rate of 1.70%, APY of 1.71%
A CD is a stable investment that can add diversity to your portfolio. It is also for the beginner investor who wishes to earn a high return on investment (ROI) than what comes from a regular savings account. Before you purchase a CD it is essential that you acquaint yourself with the rules that accompany it.
To learn more about the Stockton National Bank CD rates visit the bank online at http://www.snbks.com/.
