Goldwater Bank Offering 3.03% APY 36-month CD

Goldwater Bank is offering a 3.03% APY 36-month CD with a minimum balance of $50,000. That's the best 36-month CD rate according to the BestCashCow rate table.

We covered Goldwater Bank back in August 2008 when savings rates were still paying 4% (remember those days). Goldwater is now paying 1.52% APY on its savings account. That's not terrible but certainly not one of the best savings rates.

The bank opened in 2007 and now has 14 employees and $29.8 million in deposits. It's too new to have a Bauer rating but it is FDIC-Insured (FDIC Certificate # 58405).

Acccount Opening

Once you fill in the online form, they'll mail you a signature card. You can mail a check with the signature card or do a wire transfer. They do not accept ACH transfers. Wire transfers are free from their end.

Goldwater Bank has a 3 out of 5 (Adequate) star rating from Bauer Financial.