AloStar Bank of Commerce CD Rates, Savings & Money Market Rates, Mortgage, Reviews

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Today's 12-month CD rates can be found at 2.00%, 6-month CD rates at 4.45% and 3-month CD rates at 5.12%. Current savings rates are at 5.05% and money market rates are at 4.50%. Mortgage rates today on 30-year fixed loans are around 7.33%. All these rates, are more, can be found in our database of rates. AloStar Bank of Commerce's 8-Month CD rates are at 5.25%.

AloStar Bank of CommerceTo see how these rates compare to AloStar Bank of Commerce rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from AloStar Bank of Commerce, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with AloStar Bank of Commerce CD rates. You can also compare savings rates, MMA rates and mortgage rates using our other rate lists.

Given that AloStar Bank of Commerce's CD rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best CD rates or other rates available. Have you opened an account or have any experiences at AloStar Bank of Commerce? Share your experience about AloStar Bank of Commerce by leaving a review below, or read customer reviews before you decide to use AloStar Bank of Commerce.

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AloStar Bank of Commerce
3595 Grandview Parkway, Suite 425
Birmingham, AL 35243
Member FDIC
MonitorBankRates' Rating
/5
☆☆☆☆☆

AloStar Bank of Commerce CD Rates and Interest Rates

Bank
Product
APY
Min Deposit
AloStar Bank of Commerce
AloStar Bank of Commerce
8-Month CD
5.25%
$10,000

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Compare AloStar Bank of Commerce Rates with Other Competitive Bank and Credit Union Rates

Bank
Product
APY
Min Deposit
Hoyne Savings Bank
Hoyne Savings Bank
18-Month CD
0.25%
$500
GTE Financial
GTE Financial
60-Month CD Jumbo
3.31%
$100,000
FirstOak Bank
FirstOak Bank
6-Month CD
0.60%
$500
Citizens State Bank Hudson, WI
Citizens State Bank Hudson, WI
15-Month CD special
5.51%
$10,000
Clinton Bank
Clinton Bank
Savings Account
0.16%
$50
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Compare AloStar Bank of Commerce Mortgage Rates with Lenders Rates for Fixed and Adjustable Mortgages

Lender
Product
Rate
APR
Points
30-Year Fixed FHA
7.250%
9.002%
0.000
30-Year Fixed
8.375%
8.498%
0.000
30-Year Fixed
8.250%
8.411%
0.000
5/6M SOFR ARM
8.250%
8.361%
0.000
20-Year Fixed
8.150%
8.354%
0.000
Show More

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

AloStar Bank of Commerce Information

AloStar Bank of Commerce
3595 Grandview Parkway, Suite 425
Birmingham, AL 35243
Jefferson
Established Date: 04/15/2011
FDIC Certificate #: 59060
Date of FDIC Deposit Insurance: 04/15/2011
How Many Domestic U.S. Offices? 1
How Many Branches are There? 0
Is AloStar Bank of Commerce FDIC Insured? Yes
What is AloStar Bank of Commerce's Cert number? 59060
What is the maximum amount for insured deposits? $250,000 per holder, per account

AloStar Bank of Commerce Financials

Total Assets: $945,354,000
Total Deposits: $703,912,000
Equity Capital: $195,706,000
Domestic Deposits: $703,912,000
Net Income: $7,019,000
Return on Assets: 1.4771%
Quarterly Return on Assets: 0.9600%
Pretax Return on Assets: 2.4025%
Pretax Quarterly Return on Assets: 1.5700%
Return on Equity: 7.2900%
Quarterly Return on Equity: 4.6900%
Leverage Tier 1 (Core Capital) Ratio: 0.0000%
Total Interest Income (YTD): 0.0000%
   
Headquarters: Birmingham
FDIC Field Office: Shelby
Regulator: FDIC
County: Jefferson
# of Offices: 1
Metropolitan Statistical Area (MSA): Birmingham-Hoover, AL
Consolidated Metropolitan Statistical Area (CMSA):
OTS Region: Southeast
FDIC Region: Atlanta
Source: FDIC

AloStar Bank of Commerce CD Rates: Best Rate at 5.25% APY 8-Month CD

AloStar Bank of Commerce CD rates are competitive on the bank's special 8-month certificate of deposit. The current 8-month CD rate is at 5.25% APY with a minimum opening deposit of $10,000. In addition to AloStar Bank of Commerce CD Rates you can read more about the disclosures and terms below.

Current CD Rate: 5.25% APY

Earn an Annual Percentage Yield (APY) of 5.25% on an 8-month Certificate of Deposit (CD). Note that rates are accurate as of 6/27/2023 and can change without notice.

    Read more...

Best 1 Year CD Rates April 5, 2017

CD rates continue to move higher this week. We look for the trend of higher CD rates to continue in 2017 as long as there isn't a recession. The Fed is expected to increase the federal funds rate at least two more times this year, which will put more upward pressure on CD rates.

This week, the best 1 year CD rate in the database is now at 1.49 percent with an APY of 1.50 percent. A couple of weeks ago, the top 1 year CD rate was 5 basis points less.

The current national average 1 year CD rate also moved higher this week over last. The current national average 1 year CD rate is at 1.26 percent, up from last week's average of 1.30 percent.

    Read more...

CD Rates Report: 1 Year CD Rates as of January 14, 2017

Listed below is a current CD rates report for 1 year certificates of deposit as of January 14, 2017.

Current 1 Year CD Rates

  • Pentagon Federal Credit Union 1.35% Yield 1.36% (tied for 1st place)
  • EverBank 1.35% Yield 1.36% (tied for 1st place)
  • VirtualBank 1.30% Yield 1.31%
  • Live Oak Bank 1.29% Yield 1.30%
  • My e-BAnC by BAC Florida Bank 1.28% yield 1.29%
  • E-Loan 1.27% Yield 1.28% (tied for 5th place)
  • Popular Direct 1.27% Yield 1.28% (tied for 5th place)
  • Pacific National Bank 1.26% Yield 1.27%
  • California First National Bank 1.25% Yield 1.26% (tied for 7th place)
  • TAB Bank 1.25% Yield 1.26% (tied for 7th place)
  • Synchrony Bank 1.24% Yield 1.25% (tied for 8th place)
  • Colorado Federal Savings Bank 1.24% Yield 1.25% (tied for 8th place)
  • Salle Mae 1.24% Yield 1.25% (tied for 8th place)
  • AloStar Bank of Commerce 1.22% Yield 1.23% (tied for 9th place)
  • giantbank AloStar 1.22% Yield 1.23% (tied for 9th place)
  • CIT Bank 1.21% Yield 1.22% (tied for 10th place)
  • BankDirect 1.21% Yield 1.22% (tied for 10th place)

For a list of today's 1 year CD rates in our database go to MontiorBankRates.com.

    Read more...

Top Savings Rates Update - January 11, 2017

Listed below are the top savings account rates available on our database for January 11, 2017. The sole leader with the best savings account rate this week is Popular Direct with a rate of 1.14 percent and a yield of 1.15 percent.

Top Savings Rates

  • Popular Direct 1.14% Yield 1.15%
  •     Read more...

    Highest Deposit Rates November 27, 2016

    Variable deposit rates continue to inch slowly higher this week. The best savings rate available is at 1.25 percent with a yield of 1.26 percent. The best money market account rate available is slightly lower at 1.24 percent with a yield of 1.25 percent.Listed below are the best savings rates and money market rates available in our database for November 27, 2016.

    Best Savings Rates

        Read more...

    Best Variable Deposit Rates October 12, 2016

    Variable deposit rates have been slowly creeping up for the past several months. The interest rate increases have been small; in increments of less than 10 basis points for the most part. Even with the small increases, the best variable deposit rates are almost comparable to best the 1 year CD rates.The best savings rate on our rate database is at 1.25 percent with an APY of 1.26 percent from Popular Direct. This savings rate is only 4 basis points lower than the top 1 year CD rate in our database at 1.29 percent with a yield of 1.30 percent. The highest money market yield on our list is 5 basis point lower at 1.24 percent with a yield of 1.25 percent.Listed below are today's current highest savings rates and money market rates     Read more...

    Deposit Rate Report August 11, 2016

    Listed below are the best savings rates and money market account rates for August 11, 2016.

    Best Savings Rates August 11, 2016

    AloStar Bank of Commerce Money Market Account Jumbo Rates now at 0.70%

    AloStar Bank of Commerce Money Market Account Jumbo rates are now at 0.70 percent with a yield of 0.70 percent. View current Money Market Account Jumbo rates at AloStar Bank of Commerce below.     Read more...

    Savings Rate and Money Market Rate Report August 2, 2016

    Savings rates and money market rates remain stable in our Deposit Rate Report for August 2, 2016. There have been some rate changes since our last deposit rate report but no new highs to report. As expected, the FOMC didn't increase the fed funds rate during their meeting last week.The next FOMC meeting is scheduled for September 20-21 but it's unlikely the FOMC will increase the rate during that meeting. Listed below are the current best savings rates and money market rates available in our database of rates.

    Best Savings Account Rates August 2, 2016

        Read more...

    AloStar Bank of Commerce Savings Rates now at 1.04%

    AloStar Bank of Commerce Savings rates are now at 1.04 percent with a yield of 1.05 percent. View current Savings rates at AloStar Bank of Commerce below.     Read more...

    AloStar Bank of Commerce Money Market Account 50K Rates now at 0.70%

    AloStar Bank of Commerce Money Market Account 50K rates are now at 0.70 percent with a yield of 0.70 percent. View current Money Market Account 50K rates at AloStar Bank of Commerce below.     Read more...

    AloStar Bank of Commerce 1 Year CD Rates now at 1.04%

    AloStar Bank of Commerce 1 Year CD rates are now at 1.04 percent with a yield of 1.05 percent. The old AloStar Bank of Commerce 1 Year CD rate was 1.19 percent with a yield of 1.05 percent. View current 1 Year CD rates at AloStar Bank of Commerce below.     Read more...

    Variable Deposit Rate Report for July 11, 2016

    Listed below are current savings rates and money market rates in our Variable Deposit Rate Report for July 11, 2016. Also listed below are average savings/MMA rates for 7/11/16. You can see how these rates compare with all deposit rates by searching our rate database: Variable Deposit Rates.

    Top Savings Account Rates July 11, 2016

    Sorry Savers, Brexit Kills Any More Rate Hikes in 2016

    Hopes were high for savers late last year when the Fed increased the fed funds rate for the first time in nearly a decade. The rate hike of 25 basis points in December 2015 was expected to be the first of many hikes to come. In the Fed's economic predictions for 2016, a majority of Fed participants expected four rate hikes in 2016.Savers finally had reason to be hopeful that deposit rates would move higher in 2016, then came reality. The second rate hike looked like it would happen during the Fed's March meeting. During the Fed's March meeting, slowing economies worldwide spooked the markets and the Fed declined to raise the fed funds rate.The Fed also decided not to hike rates during April meeting due to economic uncertainty. June's meeting started to look like another rate hike would come but a disappointing jobs report nixed that increase. A mere 38,000 jobs were created in May, much lower than the forecast of 175,000.     Read more...

    AloStar Bank Still has Highest 6 Month CD Rate Even with Decrease

    AloStar Bank, headquartered in Birmingham, Alabama, recently lowered their regular and jumbo CD rates. Even with the new lower CD rates, AloStar Bank's rates are still competitive. You might not have heard of AloStar Bank because they are a relatively new bank, having been formed only 5 years ago in 2011. 

    AloStar is an internet-based bank which means they don't have brick and mortar locations like traditional banks do. Internet banks tend to offer higher CD rates and other deposit rates since they have a lower cost structure.

    For example, even with the lower rate change, AloStar Bank's 1 year CD rate is still one of the best 1 year rates available right now. AloStar's 1 year CD rate is at now 1.26 percent with a yield of 1.27 percent. Compare AloStar's 1 year CD rate with one of the big brick and mortar banks, Chase Bank, which is currently offering 1 year rates at 0.02 percent.

        Read more...

    Highest CD Rates are Offered by AloStar Bank of Commerce

    AloStar Bank of Commerce recently increased their short and intermediate term CD rates. With this round of CD rate increases, AloStar Bank of Commerce is tied with Colorado FSB for the top 1 year rate in our database at 1.34 percent with a yield of 1.35 percent.

    The recent round of increases also puts AloStar Bank of Commerce at the top of our 6 month, 18 month, and 2 year CD rate lists. We will see if other banks increase their rates over the next few weeks to match AloStar's recent rate increases.

    Regular and jumbo 6 month CD rates were increased from 1.01 percent to 1.04 percent with a yield of 1.05 percent. 18 month rates had the largest basis point increase from 1.30 percent with a yield of 1.31 percent to 1.44 percent with a yield of 1.45 percent. 2 year CD rates were increased from 1.45 percent with a yield of 1.46 percent to 1.54 percent with a yield of 1.55 percent.

    Complete List of AloStar Bank of Commerce CD Rate Increases

    BankProductRate (New / Old)Yield (New / Old)
    AloStar Bank of Commerce6 month CD1.04 / 1.011.05 / 1.01
    AloStar Bank of Commerce1 yr CD1.34 / 1.251.35 / 1.26
    AloStar Bank of Commerce2 yr CD1.54 / 1.451.55 / 1.46
    AloStar Bank of Commerce6 month jumbo CD1.04 / 1.011.05 / 1.01
    AloStar Bank of Commerce1 yr jumbo CD1.34 / 1.251.35 / 1.26
    AloStar Bank of Commerce6 month $25K CD1.04 / 1.011.05 / 1.01
    AloStar Bank of Commerce6 month $50K CD1.04 / 1.011.05 / 1.01
    AloStar Bank of Commerce18 month CD1.44 / 1.301.45 / 1.31
    AloStar Bank of Commerce2 yr jumbo CD1.54 / 1.451.55 / 1.46
    AloStar Bank of Commerce18 month jumbo CD1.44 / 1.301.45 / 1.31

     

        Read more...

    Nationwide Bank Raises Regular and Jumbo CD Rates

    Nationwide Bank raised their CD rates on both regular and jumbo 2 and 3 year certificate of deposit. The new current jumbo rates are 0.05 percent higher than the new regular rates. With these increases, Nationwide Bank's 2 year and 3 year rates are now in the top 5 rates available on our CD rate lists.

    Check on current CD rates for all CD terms on our rate lists at MonitorBankRates.com.

    The new regular 2 year CD rate is at 1.45 percent with a yield of 1.46 percent. The 2 year rate was increased from 1.40 percent with a yield of 1.41 percent. Nationwide's rate is now tied with AloStar Bank of Commerce for the third highest 2 year rate on the list.

        Read more...

    AloStar Bank of Commerce Changes CD Rates - 1 Year CD Rate at 1.26%

    AloStar Bank of Commerce, headquartered in Birmingham, Alabama, has changed their certificate of deposit rates. The most notable change was to the bank's 1 year CD rate. The rate was increased 5 basis points to 1.26% APY, putting the bank in the top spot on our 1 year rate database.

    AloStar Bank of Commerce changed their rates prior to the fed funds rate increase of 0.25 percent. Listed below are current CD rates at AloStar Bank of Commerce.

    BankProductRate (New / Old)Yield (New / Old)
    AloStar Bank of Commerce1 yr CD1.25 / 1.201.26 / 1.21
    AloStar Bank of Commerce2 yr CD1.45 / 1.391.46 / 1.40
    AloStar Bank of Commerce1 yr jumbo CD1.25 / 1.201.26 / 1.21
    AloStar Bank of Commerce18 month CD1.3 / 1.201.31 / 1.21
    AloStar Bank of Commerce2 yr jumbo CD1.45 / 1.391.46 / 1.4
    AloStar Bank of Commerce18 month jumbo CD1.30 / 1.201.31 / 1.21

    For a list of CD rates from many different banks and credit unions search our rate database at MonitorBankRates.com.

        Read more...

    Slew of CD Rate Changes from Banks Prior to the Fed Funds Rate Increase

    There has been a slew of CD rate changes from many different banks in our database this past week. A total of six banks changed some, if not all, of their CD rates. Only one bank, EverBank, changed a couple of their rates since the Federal Open Market Committee voted to increase the fed funds rate by 25 basis points.

    It still stands to reason that several online banks that are offering the top online CD rates will increase their rates in the coming weeks. Major banks were quick to increase the prime rate they offer on loans but announced they wouldn't increase deposit rates.

    The prime rate was increased at these banks:

        Read more...

    1.33% APY - New Top 1 Year Top CD Rate in the Database

    There is a new top rate in our 1 year CD rate database. Connexus Credit Union is now offering 1 year certificate rates at 1.32 percent with an APY of 1.33 percent. As with any credit union, you are required to join Connexus CU to open a certificate account and you must meet eligibility requirements or to make a one-time $5 donation to Connexus Association, which will in turn make you a member of the credit union.

    If you're not eligible or you don't want to join Connexus, there are two online banks in our database offering 1 year rates only 3 basis points lower than Connexus' rate. CIT Bank and E-Loan are both offering 1 year rates at 1.29 percent with an APY of 1.30 percent.

    Listed below are the highest 1 year CD rates for October 28, 2015.

        Read more...

    CD Rates Hold Steady as Fed Meets Next Week to Decide Monetary Policy

    The Federal Open Market Committee (FOMC) meets again next week to decide on monetary policy. If the FOMC decides to increase the fed funds rate, CD rates will also move higher. Fed Chair, Janet Yellen, is still talking up a rate hike sometime in 2015 but some Fed officials say the first hike will happen in 2016.

    The final FOMC meeting for 2015 will be in December. If a hike doesn't happen next week, the FOMC has one final chance to raise the rate this year. The CME's FedWatch Tool now has a 29.2 percent chance of a hike in December, down from 35.4 percent last month.

    The past several months, banks and credit unions in our rate database have been slowing increasing their rates in anticipation of a Fed rate hike. Both short term and long term CD rates have been increased by financial institutions. The increases have been small but at least rates are finally moving higher after a half dozen years of decreases.

        Read more...

    0.90% - Highest 6 Month Rate - CD Rate Changes for September 10, 2015

    A few banks have been pretty active changing their CD rates recently. The Federal Reserve is scheduled to meet next week and will hopefully increase the fed funds rate. Once the Fed increase the rate many banks will follow and increase CD rates.Listed below are rate changes for the past 24 hours.

    Rate Changes September 10, 2015

        Read more...

    1.30% APY - This Week's Top 1 Year Rate

    The Federal Open Market Committee meets in just over a week to decide on interest rates. August job's report, released last Friday, showed the labor market continuing to improve, adding pressure to the Fed to increase the fed funds rates.Whether or not the FOMC actually increases the fed funds rate is still up in the air. We hope the fed funds rate is increased 0.25 percent, so banks with the best rates will also increase their rates 0.25 percent. A few banks did change their rates this past week but there are no new high rates to report.The changes in rates are listed below along with the best CD rates currently available.     Read more...

    Banks Hold Steady on CD Rates - Top Rates Remain Unchanged this Week

    There were no changes to the highest CD rates available in our database this week. Financial institutions are probably holding tight on rates to see if the Federal Reserve increases the fed funds rates next month. An increase was more than likely but the recent equity market declines have made an increase less likely.If an increase doesn't happen in September, there is still a chance a rate increase will happen this year. After September's meeting, there are two more meetings in October and December. The CME Group has a FedWatch Tool which you can use to quickly gauge the market’s expectations of potential changes to the Fed Funds target rate.As of August 28, the FedWatch has market's expectation of a rate hike in September at 24 percent, a rate hike happening in October at 34 percent, and a hike in December at 52 percent.     Read more...

    Explore Other Rate Deals

    fixed-rate-mortgages-most-popular-among-homeowners-refinancingFixed rate mortgages are the most popular mortgage product for homeowners refinancing. Regardless of whether their original mortgage was an adjustable mortgage or fixed rate mortgage, the majority of people chose to refinance with a fixed rate mortgage according to Freddie Mac's Product Transition Report.
    current-mortgage-rates-slightly-higher-this-week-30-year-mortgage-rates-at-478Current mortgage rates are slightly higher this week for the first time in seven weeks in Freddie Mac’s current Primary Mortgage Market Survey. 30 year mortgage rates are up to 4.79 percent for the week ending June 3, 2010, up slightly from last week's average 30 year mortgage rate of 4.78 percent. Mortgage discount points are averaging 0.8 points, up from the prior week's average of  0.7 points.
    Mortgage Rates Near 2010 High Current 30 year Mortgage rates at 517Current mortgage rates are near the high for 2010. Mortgage rates jumped higher the past couple of weeks because the Fed wound up its purchase of mortgage-backed securities (MBS) and Treasury yields headed higher. 30 year mortgage rates are currently averaging 5.17 percent this week, up slightly from the prior week's average 30 year mortgage interest rate of 5.16 percent. 30 year rates also hit an inter-week high of 5.25 percent this past week.

    Bank or Credit Union Offers and Deals

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    Alternative Bank and Credit Union Offers to Explore

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