Variable Rate IRAs – Delaware - May 23, 2012
Below are Variable Rate IRA CDs offered from banks that are located in Delaware. 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 |
|---|---|---|---|---|
| Midcoast Community Bank | 0.50% | $1 | - | |
| Calvin B. Taylor Banking Company Of Berlin, Maryland | 0.50% | $100 | - | |
| Artisans' Bank | 0.40% | $100 | - | |
| Bank Of America, National Association | 0.30% | $1 | - | |
| Fulton Bank, National Association | 0.30% | $500 | - | |
| Rbs Citizens, National Association | 0.25% | $1 | - | |
| The First National Bank Of Wyoming | 0.20% | $250 | - | |
| First Shore Federal Savings And Loan Association | 0.14% | $25 | - | |
| Cnb | 0.13% | $500 | - | |
| Wilmington Savings Fund Society, Fsb | 0.10% | $1 | - | |
| Td Bank, National Association | 0.05% | $250 | - | |
| Pnc Bank, National Association | 0.05% | $250 | - | |
| Manufacturers And Traders Trust Company | 0.05% | $1,000 | - | |
| Wells Fargo Bank, National Association | 0.05% | $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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