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Jessica Mousseau

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Redstone Bank reports that they offer shared, jumbo and members-only and members-only plus rates for both certificate of deposit types as well. Non-bank members can expect Redstone CD bank rates a .10% rate for a 6-month jumbo certificate in 2019, according to their website while a member receives a .36% rate for the same type of CD. Membership is based on employment or membership to certain companies and local churches. For a 36-month regular share…

According to a review of the bank on top10banks.org, MidFirst bank has officially lowered its High Yield Online CD rates from .45 in 2015 to .30 in 2016. This rate is for their 91 day term certificate of deposit with a minimum balance of $1,000. The one-year CD rate however has risen from .35 in 2015 to .75 in 2016. The incentive here is for a longer term period yielding a higher return. The bank…