Monday, December 25, 2006

Indymac Bank CD Rates

As CD rates drop across the board, Indymac Bank has substantially better rates than most. Here is a look at their Internet CD Rates:

Term Interest Rate APY
3 Month 5.31% 5.45%
5 Month 5.21% 5.35%
6 Month 5.31% 5.45%
7 Month 4.93% 5.05%
9 Month 5.07% 5.20%
1 Year 5.12% 5.25%
18 Month 4.88% 5.00%
2 Year 4.69% 4.80%
3 Year 4.69% 4.80%
4 Year 4.69% 4.80%
5 Year 4.69% 4.80%

Product Features and Requirements

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Minimum to open is $5,000 (Internet Only).

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Terms are from 90 days to 5 years.

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For customized terms, other than those listed above, please call our Customer Contact Center.

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Interest is compounded daily and paid or reinvested into the account monthly or at maturity. The interest rate depends on the term of the CD.

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A penalty will be assessed for early withdrawal.

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For your convenience, your CD renews automatically for the same term at the current rate at that time.

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