Lumbee guaranty bank in north carolina offering best cd and reward checking account rates

Lumbee Guaranty Bank in North Carolina is offering the local residents some of the best rates for certificate deposits. The rates for the rewards checking account which have always been competitive at this bank continue to be so.

Among the list of special rates, the 1.41% APY for a 9 month CD is worth taking note of. If you want to opt for a 15 month CD, you can avail the special rate of 1.77% which is amongst the best rates in the market today. The conditions governing certificate deposits are that you should have a $5000 minimum balance and a rewards checking account with the same bank. Though this is one of the few banks that offer special CD rates for a 4 year CD (2.19%), it is not considered to be the one of the best.

The New Dominion Bank is another bank that follows close on the heels of Lumbee Guarantee in terms of offering competitive rates. They are offering 1.15% APY for a 9 month CD. The CNB Direct Bank offering a rate of 1.50% APY for a 12 month CD is also among the banks offering best CD rates.