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CFG Bank Raises 1-Yr and 18-Month CDs to 5.25% APY But Products Carry an 180 Day EWP
May 11, 2023

CFG Bank has raised its 1-year and 18-month CDs to 5.25% APY today.   The rate had previously been 5.17%.

This rate now tops the respective tables.

Depositors should be aware that these products carry 180-day Early Withdrawal Penalties which would be a heavy price to pay should you need to terminate the CD before maturity.

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