60-month CD, 0.40% APY, minimum deposit $2500, dividends paid upon maturity.
City National Bank’s Top CD Rates
City National Bank’s top CD rate is 0.40% APY. This rate is offered on the credit union’s 60-month CD with a minimum deposit of $2500. The dividends earned on this CD are paid upon maturity.
The 48-month CD is a great alternative. The account offers an 0.30% APY with a $2500 minimum deposit. This account also pays you your dividends upon maturity. If you are looking for a way to save money, this is a great way to start.
For short-term investors the credit union offers a 12-month CD. This CD offers an annual percentage yield of 0.10%. This CD is also obtainable with a $2500 minimum deposit. Again, this CD can be paid upon maturity.
City National Bank offers thirteen CDs. Each of these CDs can be opened with a $2500 minimum deposit. You are always welcome to invest more, but you don’t have to. These CD terms vary from 7 days to 60-months. The APY starts at 0.10% and builds to 0.40%. Each of City National Bank’s accounts is subject to early withdrawal penalties.
You do not have to be a member of City National Bank to open up a CD with them. Being a member however, will make it easier for you to open up a CD.
Branches in California
Anaheim, Beverly Hills, Burbank, Burlingame, Camarillo, Carlsbad, Chatsworth, City of Commerce, City of Industry, El Segundo,Encino,Glendale,Irvine,La Jolla, La Palma, Long Beach, Los Angeles, Montecito, Newport Beach, North Hollywood, Oakland, Ontario. Orange, Oxnard, Pacific Palisades, Palo Alto, Pasadena, Pleasanton, Riverside, San Diego, San Francisco, San Jose, Santa Monica, Sherman Oaks, Solana Beach, Studio City, Sun Valley, Torrance, Valencia, Walnut Creek, West Hollywood, Westlake Village and Woodland Hills.
City National Bank is based in Los Angeles and has over 75 offices available for their clients. They have over $70 billion in assets and continue to grow. Founded in 1954 by a small group of entreprenuers, City National Bank started expanding in 2000 and haven’t stopped since.
In fact, in 2015, City National Bank merged with Royal Bank of Canada, a pretty big deal for a US-based bank.
Aside from their CD rates, City National Bank offers Commercial Banking, Private Banking, Preferred Banking, Small Business Banking, Wealth Management, Services for Professional, Firms, International Banking, Treasury Management Services, Entertainment Industry Services, Real Estate Services, and Online Services.
As you can see, there is something for everyone at City National Bank. With over 5,400 employees, you are guaranteed to get the best service possible.