Bank CD Rates

The Commerce Bank CD rates discussed in this article is a subsidiary of Commerce Bancshares, Inc. This is necessary to distinguish since there are 5 major financial institutions that use the name Commerce Bank in America.

The current Commerce Bank CD rates are competitive. The below quotes were posted 8/12/09. The 9 month CD special is currently at 1.00% APY with a minimum of $1000 deposit. The 19 month CD special has an even better APY at 1.90% with a minimum of $1000 deposit.

The Commerce Bank also offers standard CD for their customers. The 3 month CD is current at 0.40% APY with a minimum $2500 deposit. The 6 month CD is at 0.55% APY with the same minimum $2500 deposit. The 1 year CD is currently at 0.90% APY with a $1000 minimum deposit. The 2 year CD is at 1.25% APY with a minimum $1000 deposit. The 3 year CD has an APY of 1.60% with a minimum deposit of $1000 and the 4 year CD is at 1.95% APY with the same minimum $1000 deposit. The best rate is also the one with the longest maturity term. The 5 year CD is currently at 2.10% APY with a minimum of $1000 deposit.

Like all financial establishments that offer CD’s, Commerce Bank CD rates will payout unless there is an early withdraw. If an early withdraw does occur then the account will be assessed a penalty.

If the customer has a Commerce Options checking account the $12 to $20 monthly service fee can be waved.

The Commerce Bank does provide a full line of services online including the purchasing of their CD’s which is available 24/7 for your banking convenience. Check the Commerce Bank CD rates online for the current postings on a weekly basis.