RateAPY

Ouachita Independent Bank offers five-year certificate of deposit at 3.01% APY

Posted by: RateAPY Bank Rates News
August 25th, 2010

Consumers looking for safety and a confirmed rate of return are turning to certificates of deposit (CDs), FDIC-insured savings vehicles with interest rates dependent on the length of the CD.

Ouachita Independent Bank currently offers a variety of CD rates and terms, including a special five-year CD at 3.0100% APY. The minimum balance required to open the following CD accounts is $1,000. Interest is compounded daily.

Ouachita Independent Bank CD Rates as of 8/25/10

Term / Interest Rate / APY

6 Month CD / 0.4988% / 0.5000% APY

1 Year CD / 0.9950% / 1.0000% APY

18 Month CD / 1.1435% / 1.1500% APY

2 Year CD / 1.3410% / 1.3500% APY

3 Year CD / 1.7349% / 1.7500% APY

4 Year CD / 2.0783% / 2.1000% APY

21 Month CD Special / 1.4889% / 1.5000% APY

60 Month CD Special / 2.9657% / 3.0100% APY

Ouachita Independent Bank also offers an add-on CD that allows account holders to make additional deposits during the CD term.

Ouachita Independent Bank is based in Louisiana and also serving online customers.

Compare CD rates and terms online to find the CD that matches your minimum deposit and term requirements.