My e-BAnC by BAC Florida Bank's CD Rates and Financial Information
BAC Florida Bank Main Address and Contact Information
169 Miracle Mile, Suite R10
Coral Gables, Florida 33134
BAC Florida Bank FDIC Certification Number
My e-BAnC by BAC Florida Bank
Rating: (4 out of 5)100
Notes: Make sure to check our Jumbo Rates
My e-BAnC by BAC Florida Bank CD Rates
My e-BAnC by BAC Florida Bank Jumbo CD Rates
Rates Updated: 02/24/2017
Articles Related to My e-BAnC by BAC Florida Bank
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
For a list of today's 1 year CD rates in our database go to MontiorBankRates.com.
My e-BAnC by BAC Florida Bank 2 Year Jumbo CD Rates now at 1.44%
My e-BAnC by BAC Florida Bank 2 Year Jumbo CD rates are now at 1.44 percent with a yield of 1.45 percent. View current 2 Year Jumbo CD rates at My e-BAnC by BAC Florida Bank below. Read more...
My e-BAnC by BAC Florida Bank 3 Year CD Rates now at 1.44%
My e-BAnC by BAC Florida Bank 3 Year CD rates are now at 1.44 percent with a yield of 1.45 percent. View the current 3 Year CD rates at My e-BAnC by BAC Florida Bank below. Read more...
CD Rate Changes This Past Week
Several different banks have changed their CD rates this past week. The largest decrease in rates was on short term CD rates at Silvergate Bank. 6 month CD rates were reduced by 55 basis points and 1 year rates were reduced by 78 basis points. Read more about Silvergate Bank CD rate reductions.
The overall direction of CD rates remains a mixed bag. We won't see across-the-board CD rate increases until the Federal Open Market Committee increases the federal funds rate. The next FOMC meeting is in a couple of days but there is only a 3.6 percent chance the Fed will increase the rate according to the CME Group's Fed Watch Tool.
This past week, a total of seven banks changed rates. Four banks lowered rates while 3 banks increased rates. Two of the three banks that increased rates, EverBank and Luana Savings Bank, have a history of changing rates often. It is always important to stay apprised of the latest rate changes, which we have listed below.
This Week's CD Rate Changes
1.35% APY - New Highest 1 Year CD Rate in our Database
We have a new best 1 year CD rate in our database. Colorado Federal Savings Bank recently increased their 1 year rate and now has the highest 1 year CD rate at 1.34 percent with a yield of 1.35 percent. Connexus Credit Union had the top 1 year rate at 1.32 percent with a yield of 1.33 percent. You can view a complete list of 1 year CD rates in our database below.
Current 1 Year CD Rates
New CD Rates at My e-BAnC by BAC Florida Bank
My e-BAnC by BAC Florida Bank has changed some of their CD rates. You can see how the recent rate changes compare with CD rates at other banks by searching our rate database at MonitorBankRates.com.
My e-BAnC by BAC Florida Bank CD Rate Changes
CD Rate Changes this Past Week - Top 1 Year CD Rate Lowered 10 BPS
We now have six banks tied for the top 1 year CD rate. Several banks increased their CD rates recently as we wait for the Fed to increase rates, possibly as soon as next week.
California First National Bank was the highest bank rate last week but now CFNB's 1 year rate is tied with 6 other banks for the top rate of 1.24. The highest 1 year rate from a credit union in the rate database is slightly higher at 1.32 percent with an APY of 1.33 percent.
Listed below are CD rate changes from this past week.
To run your own search of CD rates in our database, go to MonitorBankRates.com.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.
1 Year CD Rates
You can check on CD rates for all certificate of deposit terms by searching our database at MonitorBankRates.com/CDRates.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.
Listed below are the highest CD rates currently available for both short term and long term certificates of deposit.
2 Month Rates/Yields
3 Month Rates/Yields
6 Month CD Rates/Yields
1 Year CD Rates/Yields
18 Month CD Rates/Yields
2 Year CD Rates/Yields
3 Year CD Rates/Yields
4 Year CD Rates/Yields
5 Year CD Rates/Yields
You can always find the most current online CD rates by searching our database of rates at Monitor Bank Rates. No personal information is required.Read more...
Compare My e-BAnC by BAC Florida Bank's CD Rates With Other Bank Rates Below
BAC Florida Bank Financials