Friends Bank Certificates of Deposit

Friends Bank headquartered in New Smyrna Beach, Florida, is advertising both regular certificates of deposit and Individual Retirement Account (IRA) certificates of deposit. While there are other rates that may be higher, the bank's best CD rates are competitive and beat the national average CD rate.

Friends Bank's regular certificate of deposits have CD terms between 30 days and 5 years. IRA certificates of deposit have terms ranging between 6 months and 5 years.

CD Rates and APY

• 30 Day 0.2497% Rate 0.25% APY $ 2000 Min
• 60 Day 0.4988% Rate 0.50% APY $2,000.00 Min
• 90 Day  0.4988% Rate 0.50% APY $2,000.00 Min
• 6 Month 0.6976% Rate 0.70% APY $2,000.00 Min
• 12 Month 1.2423% Rate 1.25% APY $500.00 Min
• 18 Month Advantage 1.4396% Rate 1.45% APY $5,000.00 Min
• 24 Month 1.4889% Rate 1.5% APY $1,000.00 Min
• 30 Month Advantage 1.6858% Rate 1.7% APY $5,000.00 Min
• 36 Month 2.4205% Rate 2.45% APY $1,000.00 Min
• 48 Month 2.5669% Rate 2.60% APY $1,000.00 Min
• 60 Month 2.713% Rate 2.75% APY $1,000.00 Min

IRA CD Rates and APY

• 6 Month IRA CD 0.6976% Rate 0.70% APY $1,000.00 Min
• 12 Month IRA CD 1.2423% Rate 1.25% APY $1,000.00 Min
• 18 Month Advantage IRA CD 1.4396% Rate 1.45% APY $1,000.00 Min
• 24 Month IRA CD 1.4889% Rate 1.50% APY $1,000.00 Min
• 30 Month Advantage IRA CD 1.6858% Rate 1.7% APY $1,000.00 Min
• 36 Month IRA CD 2.4205% Rate 2.45% APY $1,000.00 Min
• 48 Month IRA CD 2.5669% Rate 2.6% APY $1,000.00 Min
• 60 Month IRA CD 2.713% Rate 2.75% APY $1,000.00 Min

All certificate of deposit accounts are insured by the FDIC up to $250,000 until December 31, 2013. FDIC insurance reverts back to $100,000 of coverage starting in 2014. For more information about Friend's Bank and today's CD rates go to: friendsbank.com.