AmTrust Bank CD Rates
AmTrust Bank has 69 branches in Arizona, Florida and Ohio and has a nationwide online business also. Best CD Rates Info decided to take a look at AmTrust Bank CD rates to see how they measure up to the competition. We found a few rates worth considering.
First, we generally think a 12 month CD is something everyone needs for their CD ladder. The AmTrust Bank 12 month CD earns an interest rate of 4.211 percent, giving it an Annual Percentage Yield (APY) of 4.30 percent. That’s one of the highest cd interest rates that we have recently reviewed for a one-year certificate of deposit.
The other AmTrust CD interest rate that we found appealing is the AmTrust 24 month Jumbo CD. As a jumbo certificate of deposit, this CD requires a minimum deposit of $25,000. However, it earns an interest rate of 4.163 percent, making for an Annual Percentage Yield of 4.25 percent. In our opinion, that is a pretty attractive rate for a 2 year CD right now.
So, if you are building a CD ladder with 12 month spacing, you may want to check out the CD rates at Amtrust Bank, as these two CDs might be the first two rungs on your ladder. Besure to check the AmTrust online banking website for more details, as CD rates can change with time and vary by location.