While doing your research on CDs, Regions CD rates might be of interest to you. Depending on your life’s current circumstances, Regions Bank might just have an option that can live up to your expectations and meet your financial needs. With 2,000 branches and 2,400 ATMs across a 16-state network in the South, Midwest, and Texas, it is one of the top 10 banks in the US.
Regions Bank’s rates vary per area so it is best to check their current rates in your area before purchasing your CDs. Regions Bank in the St. Charles, MO area currently has special rates for their Regular CDs aside from their standard rates. The 7 month CD has an interest rate of 1.24% with an APY of 1.25%. The 12 month CD has an interest rate of 1.98% with an APY of 2.00%. The 23 month CD has an interest rate of 2.47% with an APY of 2.50%. The 42 month CD has an interest rate of 3.20% with an APY of 3.25%. To qualify for these special rates, you must have or open a Regions checking account and deposit new funds of $10,000 or more.
For standard regular CDs with terms 7 to 89 days, a $2,500 opening deposit is required. For terms longer than 90 days, a $500 opening deposit is required. The 3, 4, and 5 month CD has an interest rate of 0.40% with an APY of 0.40%.The 6, 8, 9, 10, and 11 month CD each has an interest rate of 0.50% and an APY of 0.50%. Between 36 to 41 month CD has an interest rate of 1.73% and an APY of 1.75%. Other terms and bank CD rates are available.
These rates are posted and are current as of 10/29/2009. Regions CD rates are subject to change without prior notice.