Posted on April 13, 2012
Variable Rate IRAs – Vermont - May 23, 2012
Below are Variable Rate IRA CDs offered from banks that are located in Vermont. 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 |
|---|---|---|---|---|
| Nbt Bank, National Association | 0.75% | $25 | - | |
| Mascoma Savings Bank | 0.65% | $25 | - | |
| Merchants Bank | 0.65% | $25 | - | |
| People's United Bank | 0.55% | $1,000 | - | |
| Lake Sunapee Bank, Fsb | 0.45% | $10 | - | |
| The Randolph National Bank | 0.45% | $250 | - | |
| Rbs Citizens, National Association | 0.40% | $1 | - | |
| Berkshire Bank | 0.30% | $10 | - | |
| Ledyard National Bank | 0.25% | $10 | - | |
| Union Bank | 0.25% | $100 | - | |
| Passumpsic Savings Bank | 0.20% | $25 | - | |
| The Bank Of Bennington | 0.18% | $100 | - | |
| Keybank National Association | 0.11% | $1,000 | - | |
| Td 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.
BestCashCow strives to maintain the most accurate rates. If you find a
rate that is not accurate, please let us know so that we can update it.
Please email us at contact (at) bestcashcow.com.
Thank you.
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