Regions Bank CD Rates
Regions Bank is one of the top ten banks in the United States, with locations in sixteen states. Regions Bank also has an online banking division, called RegionsNet. For our latest review, Best CD Rates Info decided to continue our search for the best CD deals by looking at the certificates of deposit offered by Regions Bank.
Regions Bank CDs can be had for very short terms or longer terms, fitting virtually any investment plan. Specifically, RegionsBank Certificates of Deposit range in term lengths from seven days to six years. While the minimum deposit for certificates of deposit with terms less than ninety days is $2,500, for Regions CDs with terms of ninety days or more the minimum deposit is only $500 — making the Regions Bank CD one of the lowest minimum deposits that we have reviewed.
Customers with another Regions Bank account can receive an interest rate bonus on their Regions CD. You can apply for a Regions Bank CD either online or at a branch. Though not unusual in a fixed rate CD, you may want to note that Regions Bank charges a “substantial penalty for early withdrawal.”
The low minimum deposit and wide range of terms give a lot of flexibility to the Regions Bank CDs, so their products can appeal to a wide range of investors. Rates and other terms can vary with time and by region, so you should be sure to check on the Regions Bank web site to confirm the Regions Bank offerings available in your area.