Lock-in Top CD Rates with Transportation Alliance Bank

March 4, 2011 No Comments »

Transportation Alliance Bank, based out of Utah, is an FDIC insured bank which can accept deposits nationwide either online or over the phone. Their CD rates are currently providing some of the top annual percentage yields on the market and only come with a minimum deposit requirement of $1000.

Brief History of Transportation Alliance Bank:

A quick look into Transportation Alliance Bank’s history shows that operating as a bank may have been somewhat of an afterthought to their holding company’s primary business. Originally established as an Industrial Loan Corporation in 1998, Transportation Alliance Bank is a wholly owned subsidiary of a diesel fuel company called “Flying J.” Flying J is one of the nations leading diesel fuel providers (founded in 1968).

Transportation Alliance Bank’s Current CD Rates:

(Rates accurate as of March 2011)

- 3 month CD yielding 0.20% APY with a minimum deposit of $1,000 required.

- 6 month CD yielding 0.40% APY with a minimum deposit of $1,000 required.

- 12 month CD yielding 1.26% APY with a minimum deposit of $1,000 required.

- 24 month CD yielding 1.36% APY with a minimum deposit of $1,000 required.

- 36 month CD yielding 1.92% APY with a minimum deposit of $1,000 required.

- 48 month CD yielding 2.22% APY with a minimum deposit of $1,000 required.

- 60 month CD yielding 2.28% APY with a minimum deposit of $1,000 required.

Transportation Alliance Bank also has these same CD rates available for IRAs (Individual Retirement Accounts).

If you believe these rates to be out of date, you can check out Transportation Alliance Bank’s current rates here.

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