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Variable Rate IRAs – South Carolina - June 19, 2013

Below are Variable Rate IRA CDs offered from banks that are located in South Carolina. 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
The Bank Of South Carolina 0.85% $100 -
Bank Of Walterboro 0.85% $500 -
Carolina Bank & Trust Co. 0.76% $1,000 -
The Citizens Bank 0.65% $50 -
First South Bank 0.60% $500 -
Palmetto State Bank 0.60% $500 -
First National Bank Of South Carolina 0.56% $100 -
Enterprise Bank Of South Carolina 0.50% $500 -
Bank Of North Carolina 0.50% $500 -
Farmers And Merchants Bank Of South Carolina 0.45% $1 -
Arthur State Bank 0.40% $100 -
Bank Of Travelers Rest 0.40% $100 -
Vistabank 0.35% $1 -
The Bank Of Clarendon 0.35% $100 -
Security Federal Bank 0.35% $100 -
Anderson Brothers Bank 0.35% $500 -
The Conway National Bank 0.31% $5 -
Bank Of The Ozarks 0.30% $1,000 -
Bank Of York 0.25% $50 -
Clover Community Bank 0.25% $100 -
Palmetto Heritage Bank & Trust 0.25% $1,000 -
Cornerstone National Bank 0.25% $500 -
Branch Banking And Trust Company 0.20% $1 -
First Federal Bank 0.20% $1,000 -
First Community Bank 0.20% $500 -
Blue Ridge Bank 0.20% $100 -
Scbt 0.20% $1 -
First Citizens Bank And Trust Company, Inc. 0.15% $100 -
Carolina Premier Bank 0.10% $1 -
The Palmetto Bank 0.10% $1 -
Community First Bank, Inc. 0.10% $100 -
Yadkin Valley Bank And Trust Company 0.05% $1 -
Pnc Bank, National Association 0.05% $250 -
Td Bank, National Association 0.05% $1 -
Bank Of America, National Association 0.05% $1 -
Wells Fargo Bank, National Association 0.05% $1 -
First Bank 0.05% $100 -
Suntrust Bank 0.01% $2,000 -

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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