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Best 6 month CD rates in California beat national avg by 85%

April 11th, 2010 Posted in Best CD Rates

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Although we have seen six month CD rates rise a bit recently – perhaps due to the rapid increase in mortgage rates over the last two weeks -  we’re still seeing the top 6 month CD rates in California ahead of the national average by nearly 85%. As of last Friday, 6 month CD (certificate of deposit) averages were nearing 0.81% APY, and one bank in California is offering nearly 1.50% APY on their 6 month CDs if you can manage a deposit of $5000.

United Pacific Bank, a small bank based out of the City of Industry, California is offering new and existing customers a 6 month CD yielding 1.48% APY. The rates associated with their deposits are actually set up in tiers. You can earn the 1.48% APY on deposits from 180 – 364 days. If you opt for a 1 year CD (or a CD maturing between 365 days to 17 months) you can earn 1.68% APY. The national average for 12 month CDs sits at roughly 1.20% APY.

United Pacific Bank is a private commercial bank specializing in commercial and international banking products for emerging middle-market companies. Their primary business and areas of expertise (as they refer to it) include corporate commercial banking, real estate finance, small business administration and corporate finance.

Branch Locations and Contact Info:

1630 S. Azusa Ave.
City of Industry, CA 91748
Tel: (626) 965-6230 begin_of_the_skype_highlighting (626) 965-6230 end_of_the_skype_highlighting
Fax:(626) 965-2840

101 W. Garvey Ave.
Monterey Park, CA 91754
Tel: (626) 312-2080 begin_of_the_skype_highlighting (626) 312-2080 end_of_the_skype_highlighting
Fax:(626) 312-2088



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