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America Bank of Commerce’s 24 month CD rate – locals only

February 23rd, 2010 Posted in Best CD Rates

Warning: The rates featured on this page are likely outdated. Visit our CD Rates Center for updated rates and special offers.

While it’s kind of disheartening hyping up a 24 month CD yielding only 2.32% APY, we still feel obligated considering the national average for 2 year CD rates sits at a pathetic 1.90% APY. Much thanks to BankVibe.com reader Sam for submitting this product for review!

Currently anyone willing to visit one of their branches can take advantage of this 24 month CD rate with a minimum deposit of $1,000. ABC Bank or America Bank of Commerce has a dozen locations throughout Texas and Colorado.

Compare this offer to the best CD rates in Texas to see how it holds up!

It’s branches reside in the following cities: Austin, Lubbock, Mansfield, Plano and Wolfforth, Pueblo and Colorado Springs.

ABC Bank’s Certificate of Deposit Terms and Conditions:

  • Partial withdrawals of Interest only are allowed
  • Penalty for early withdrawals
  • Additional or add-on deposits are not allowed
  • Automatic Renewals
  • 10 Day grace period

Be sure to contact the bank prior to the end of the 24 month duration so that you can have your funds transferred to another account, otherwise they will automatically renew your account at whatever current rates they are offering for 2 year CD’s.



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