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Variable Rate IRAs – California - May 23, 2012

Below are Variable Rate IRA CDs offered from banks that are located in California. Depending on the type of IRA you have, a variable rate IRA CD offers tax-free or tax-deferred interest. Unlike a Fixed Rate IRA CD, the interest from a VIRA CD can fluctuate depending on market and economic conditions even though the principle is FDIC insured. VIRAs are often preferred when interest rates are expected to rise as the yield on the CD can be adjusted upward over its term. Learn more about the benefits and drawbacks of a Variable Rate IRA CD.

Bank APY Min Bal Miles More
Preferred Bank 0.89% $1,000 -
Trans-pacific National Bank 0.75% $500 -
United Security Bank 0.70% $1 -
Bank Of The West 0.65% $1 -
Compass Bank 0.65% $1 -
Capitalsource Bank 0.60% $500 -
Cathay Bank 0.50% $100 -
Union Bank, National Association 0.45% $500 -
Santa Cruz County Bank 0.40% $100 -
American Perspective Bank 0.40% $1 -
Sterling Bank And Trust, Fsb 0.40% $1 -
Luther Burbank Savings 0.40% $1,000 -
Metcalf Bank 0.40% $100 -
Central Valley Community Bank 0.40% $1 -
First Bank 0.35% $1,000 -
Friendly Hills Bank 0.30% $1,000 -
Firstbank 0.30% $100 -
Exchange Bank 0.30% $250 -
Beach Business Bank 0.25% $1 -
Broadway Federal Bank, F.s.b. 0.25% $50 -
Gateway Business Bank 0.25% $2,000 -
Share Plus Federal Bank 0.25% $1 -
Community Bank 0.20% $1 -
Citibank, National Association 0.20% $1 -
Amalgamated Bank 0.20% $10 -
Community Business Bank 0.20% $100 -
The Bank Of Hemet 0.20% $100 -
North Valley Bank 0.20% $100 -
Valley Community Bank 0.15% $300 -
Heritage Oaks Bank 0.15% $100 -
Mechanics Bank 0.15% $100 -
Savings Bank Of Mendocino County 0.15% $100 -
Onewest Bank, Fsb 0.15% $1 -
Redding Bank Of Commerce 0.11% $10,000 -
Chinatrust Bank (u.s.a.) 0.10% $1,000 -
Golden Valley Bank 0.10% $1 -
Hsbc Bank Usa, National Association 0.10% $1 -
Westamerica Bank 0.10% $1 -
Redwood Capital Bank 0.10% $1 -
The Northern Trust Company 0.10% $1 -
Pacific Trust Bank, Fsb 0.10% $1 -
Fremont Bank 0.08% $2,500 -
El Dorado Savings Bank, F.s.b. 0.07% $5,000 -
U.s. Bank National Association 0.05% $1 -
Tri Counties Bank 0.05% $250 -
Umpqua Bank 0.05% $1 -
Wells Fargo Bank, National Association 0.05% $1 -
Bank Of Agriculture And Commerce 0.05% $200 -
Comerica Bank 0.05% $1 -
Rabobank, National Association 0.05% $1 -
Mother Lode Bank 0.05% $1 -
First Community Bank 0.05% $1 -
California Bank & Trust 0.03% $500 -
First Republic Bank 0.02% $1 -
Jpmorgan Chase Bank, National Association 0.01% $1 -

Banks listed above are FDIC insured. The FDIC insures each named individual's deposits to $250,000. To avoid exceeding FDIC insurance limits, please use the FDIC's EDIE function on its website.

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