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AIG bank CD rates and bank review

January 6th, 2009 Posted in Bank Reviews, Best CD Rates, bank CD rates

American International Group, Inc. (AIG) (NYSE: AIG) through its subsidiaries, provides insurance and financial services in the United States and internationally. It operates in four segments: General Insurance, Life Insurance and Retirement Services, Financial Services, and Asset Management. Although AIG bank is primarily known for it’s insurance products and services, the Financial Services segment provides a vast array of banking products and services as well. Some of the banking services in which AIG provides that most people may not be aware of are aircraft and equipment leasing, capital market transactions, consumer finance, and insurance premium financing. The Asset Management segment operations comprise investment-related services and investment products, including institutional and retail asset management, broker-dealer services, and spread-based investment products such as CD (certificate of deposits), money market accounts and high yield savings accounts as well as basic checking accounts and savings accounts. The company was founded in 1967 and is based in New York, New York.

AIG Bank frequently tops BankVibe’s top CD rates list. Here are AIG’s current CD rates:

AIG Bank’s 6 month CD rates: 2.56% APY

AIG Bank’s 12 month CD rates: 3.01% APY

AIG Bank’s 5 year CD rates: 3.51% APY

Please share your banking experience with AIG Bank by submitting a comment to this post. Thanks!



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