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Wednesday, January 07, 2009

4.00% 9-Month CD, 4.10% 15-Month CD and Other CD Specials at Crescent Bank & Trust in Louisiana

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Update 1/20/2009: These special CD rates have fallen. Please check the bank's website for the latest rates.

Crescent Bank & Trust continues to offer some attractive CD specials. They're down from my November post, but they're still very competitive. The APY's include 4% for 9 months, 4.10% for 15 months, 4.15% for 25 months, 4.20% for 37 months and 4.75% for 44 months. Minimum deposit is $5,000. These rates are listed in the bank's rate table as of 1/07/09. I just called the bank, and I was told that these rates are still available. The banking rep didn't know how much longer they may last.

A branch visit is required to open accounts. Branches are located in New Orleans and Metairie, Louisiana.

The bank's financial ratings for soundness show some strength: 4 stars (sound) at Bankrate.com and 3.5 stars (good) at BauerFinancial. Both are based on 9/30/08 data. This is one of the rare times that Bankrate has a higher rating than BauerFinancial.

The bank has been FDIC insured since 1991 (FDIC Certificate # 33492).

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Please check the institution's website for the latest rates and specials. This post may be out of date. Please check the Bank Deals home page for current rates and specials. Please refer to my About page and this site's disclaimer for more details.


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