Santander Bank CD Rates October 2014

In this Santander Bank CD rates October, 2014 review is an update on what has occurred with this financial giant since we last visited them. The Santander Bank moved into America by acquiring Sovereign Bank. Today that acquisition is complete and the bank has been rebranded Santander Bank at all branch offices and online. There have also been substantial reductions in the Santander Bank certificate of deposit rates since this process has been finalized.

The current CD rates include the 15 month CD that is earning an APY of 0.60%. The 18 month CD is earning an APY of 03.26%. The 50 month CD is earning an APY of 0.15%.  The best CD rates are from the 3 year CD is earning an APY of 1.25%.

The minimum deposit to open a CD account with Santander Bank is $500. There are also the Jumbo CD accounts and rates. The details about those accounts are not openly advertised and a local branch office must be contacted for those details to be disclosed. The same undisclosed format is also relevant for the rising rate CD accounts; a local branch office must be contacted.

A certificate of deposit account can be opened online or at any branch office. Requirements include the minimum deposit, a valid driver’s license, social security number, U.S. address and a valid email address.

These Santander CD rates were posted on October 3, 2014 but are subject to change without notice.

For more information about Santander Bank CD rates here from Highest CD rates info.

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