The Jacksonville Bank 6-Month CD 1.75% APY, 24-Month CD 2.60% APY

The Jacksonville Bank, a small bank in Florida is currently paying 1.75% APY on a 6-month CD and 2.60% APY on a 24-month CD. Those are the best CD rates for their respective terms according to the BestCashCow rate tables.

The minimum deposit for opening a CD is $1,000 and they can be opened nationally via the site's online application. Funding can be done via an electronic ACH transaction from another account. Note that unlike some other CDs, these accounts can only be funded via ACH. When funding a CD by ACH transfer, your rate and term will be determined on the day funds are received by The Jacksonville Bank. CDs funded by a successful internal transfer will have their rates locked in on the same day.

Jacksonville Bank has 3 out of 5 stars (Adequate) for its safety and soundness according to Bauer Financial. The bank has $430 million in assets according based on June 2009 data. The Jacksonville Bank is FDIC insured, FDIC Certificate # 34941.