If you are a resident of Florida and currently looking for great savings rates, then make sure you keep reading. Ocean Bank has wide array of products to meet your individual needs. They are proud to be a financial institution that is big enough to serve all your financial needs, yet small enough to care about how those needs are met. They currently offer a wide range of standard CD rates to fit any term length. They also have a special 13-month CD term with 2.65% APY and 9-Month CD term with 2.35% APY on $2,500 balances or more. By joining Ocean Bank, you get to enjoy earning a higher rate of interest than regular savings account.
Ocean Bank CD Summary:
- Apply Now
- Account Type: CD account
- Current Promotion: 13-Month CD 2.65% APY , 9-Month CD 2.35% APY
- Special APY Rates/Balance requirements:
- 13-Month CD Term:
- 2.65% – $2,500
- 9-Month CD Term:
- 2.35% – $2,500
- 13-Month CD Term:
- Availability: FL (Bank Locator)
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Minimum Balance Requirement: $2,500
- Additional Requirements: None
- Early Withdrawal Fee: See below
- If your account has an original maturity of 1-31 days: The fee we may impose will equal 30 days’ interest on the amount withdrawn subject to penalty.
- If your account has an original maturity of one year or less, but more than 31 days: The fee we may impose will equal 90 days’ interest on the amount withdrawn subject to penalty.
- If your account has an original maturity of more than one year: The fee we may impose will equal the remaining interest due through the maturity date with a minimum penalty of 180 days’ interest on the amount withdrawn subject to penalty.
- Auto-Renewal: None listed, check with CSR
Ocean Bank Best CD Rates:
Overall, Ocean Bank ranked highly across the board from our statewide Best 6-9 Month CD Rates & Best 12-Month CD Rates list. So if you’re interested in making a higher rate than a traditional savings account, make sure to take advantage of this limited time special offer. Note that rates are always changing, which is why if you’re interested in getting a CD with them, you might want to hop on it as soon as possible.
Ocean Bank CD Account Features:
- Different terms
- Earns higher rate of interest than regular savings account
- Interest compounds
- Fixed rate of interest
- FDIC insured
- Penalty for early withdrawal
Conclusion:
If you are interested in a short term or long term CD, look no further as Ocean Bank offers you a standard and special CD rates that go up to 2.65% APY on 13-month term or 2.35% APY on 9-Month CD term. Remember, both specials ranked highly on our Best CDs list. So if you are interested and live near a branch, be sure to open your new CD account today! However if you are not interested or looking for more options, be sure to browse our complete list of the Best National CD Rates for all your savings needs!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.