Pacific National Bank's CD Rates and Financial Information

Pacific National Bank Main Address and Contact Information

1390 Brickell Avenue
Miami, Florida 33131

Pacific National Bank FDIC Certification Number

26299

Pacific National Bank

Pacific National Bank Logo
Rating: StarStarStarStar  (4 out of 5)100

Pacific National Bank CD Rates

Product APY Rate Min. Deposit
6 month CD 1.250% 1.240% $1,000.00
1 yr CD 1.600% 1.590% $1,000.00
Rates Updated: 11/16/2017

Articles Related to Pacific National Bank

Top Money Market Rates at 1.41% This Week
There are new highs for money market rates and savings rates this week. The best variable deposit rate this week is from UFB Direct at 1.40 percent with an annual percentage yield of 1.41 percent. UFB Direct's variable account is actually called a money market savings account. The minimum opening deposit is $5k.     Read more...
Fed Stands Pat on Rates as Online CD Rates March Higher
The Federal Reserve wrapped up their two day meeting yesterday and decided to keep the fed rates unchanged. The Fed was expected to stand pat on rates during the September meeting. Even though the Fed kept rates where they are, online CD rates continue to march higher.     Read more...
CD Rates Continue to Move Higher in September

Keeping with the uptrend in 2017, CD rates continue to move higher in September. In August, the top 1 year CD rate was at 1.55 percent, this month the top 1 year CD rate is at 1.60 percent. Popular Direct, EverBank, and Pacific National Bank are all offering 1 year CD rates at 1.59 percent with a yield of 1.60 percent.

At the beginning of the year, the top 1 year rate was only at 1.35 percent, 25 basis points lower than the current rate. Shorter term CD rates moved higher this year because the Federal Reserve has been increasing the fed funds rate, the rate banks use to lend each other money overnight. These rate increases have put upward pressure on short term interest rates and bond yields.

CD rates with terms shorter than 1 year are also moving higher. The top 3 month CD rate is week is from Luana Savings Bank at 1.05 percent. Last month, the top 3 month CD rate was at 1.00 percent. The top 6 month CD rate this month is at 1.26% from M.Y. Safra Bank, FSB. In August, the top 6 month rate was at 1.21 percent.

CD Yield Curve Flattening

As short term CD rates move higher, longer term rates have been stagnant, increasing a lot less than short term rates, which is flattening the yield curve. The top 2 year CD rate is at 1.71 percent, only 11 basis points higher than the top 1 year rate.

Looking at longer term certificates of deposit, rates are only marginally higher. The top 3 year rate is at 2.00 percent, the top 4 year rate is at 2.16 percent, and the top 5 year rate is at 2.40 percent. The CD yield curve will continue to be flat in the coming years, even if short term rates are pushed higher.

    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

  1. Popular Direct 1.14% Yield 1.15%
  2. Synchrony Bank 1.04% Yield 1.05% (tied for 2nd place)
  3. SmartyPig 1.04% Yield 1.05% (tied for 2nd place)
  4. Goldman Sachs Bank USA 1.04% Yield 1.05% (tied for 2nd place)
  5. AloStar Bank of Commerce 1.04% Yield 1.05% (tied for 2nd place)
  6. Barclays 1.00% Yield 1.00% (tied for 3rd place)
  7. Ally Bank 1.00% Yield 1.00% (tied for 3rd place)
  8. iGObanking.com 1.00% Yield 1.00% (tied for 3rd place)
  9. Radius Bank 1.00% Yield 1.00% (tied for 3rd place)
  10. Discover Bank 0.95% Yield 0.95% (tied for 4th place)
  11. FNBO Direct 0.95% Yield 0.95% (tied for 4th place)
  12. Pacific National Bank 0.90% Yield 0.90%
  13. MySavings Direct 0.85% Yield 0.85% (tied for 6th place)
  14. Colorado Federal Savings Bank 0.85% Yield 0.85% (tied for 6th place)
  15. Capital One 360 0.75% Yield 0.75%

Interest rates change constantly, you can always get a list of the most current rates by searching our rate database at Savings Rates.

 

    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

  1. Popular Direct 1.25% Yield 1.26%
  2. Synchrony Bank 1.04% Yield 1.05% (tied for 2nd place)
  3. AloStar Bank of Commerce 1.04% Yield 1.05% (tied for 2nd place)
  4. Goldman Sachs Bank USA 1.04% Yield 1.05% (tied for 2nd place)
  5. Barclays Bank 1.00% Yield 1.00% (tied for 3rd place)
  6. Ally Bank 1.00% Yield 1.00% (tied for 3rd place)
  7. Radius Bank 1.00% Yield 1.00% (tied for 3rd place)
  8. iGObanking.com 1.00% Yield 1.00% (tied for 3rd place)
  9. FNBO Direct 0.95% Yield 0.95% (tied for 4th place)
  10. CIT Bank 0.95% Yield 0.95% (tied for 4th place)
  11. Discover Bank 0.95% Yield 0.95% (tied for 4th place)
  12. Colorado Federal Savings Bank 0.85% Yield 0.85% (tied for 5th place)
  13. My Savings Direct 0.85% Yield 0.85% (tied for 5th place)

Best Money Market Account Rates

  1. EBSBDirect 1.24% Yield 1.25%
  2. EverBank 1.11% Yield (promo rate)
  3. Dime 1.09% Yield 1.10%
  4. firstcentral.direct 1.04% Yield 1.05%
  5. Capital One 1.00% Yield 1.00% (tied for 5th place)
  6. California First National Bank 1.00% Yield 1.00% (tied for 5th place)
  7. Pacific National Bank 1.00% Yield 1.00% (tied for 5th place)
  8. ableBanking, a division of Northeast Bank 1.00% Yield 1.00% (tied for 5th place)
  9. Sallie Mae 0.90% Yield 0.90%
  10. Synchrony Bank 0.85% Yield 0.85% (tied for 7th place)
  11. Ally Bank 0.85% Yield 0.85% (tied for 7th place)
    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

Highest Savings Rates

  1. Popular Direct 1.25% Yield 1.26%
  2. Synchrony Bank 1.04% Yield 1.05% (tied for 2nd place)
  3. AloStar Bank of Commerce 1.04% Yield 1.05% (tied for 2nd place)
  4. Goldman Sachs Bank USA 1.04% Yield 1.05% (tied for 2nd place)
  5. Barclays Bank 1.00% Yield 1.00% (tied for 3rd place)
  6. Ally Bank 1.00% Yield 1.00% (tied for 3rd place)
  7. Radius Bank 1.00% Yield 1.00% (tied for 3rd place)
  8. iGObanking.com 1.00% Yield 1.00% (tied for 3rd place)
  9. FNBO Direct 0.95% Yield 0.95% (tied for 4th place)
  10. CIT Bank 0.95% Yield 0.95% (tied for 4th place)
  11. Discover Bank 0.95% Yield 0.95% (tied for 4th place)
  12. American Express Bank 0.90% Yield 0.90% (tied for 5th place)
  13. Pacific National Bank 0.90% Yield 0.90% (tied for 5th place)

Highest Money Market Rates

  1. East Boston Savings Bank Direct 1.24% Yield 1.25%
  2. EverBank 1.11% Yield (promotional rate)
  3. Dime 1.09% Yield 1.10% (tied for 2nd place)
  4. iGObanking.com 1.09% Yield 1.10% (tied for 2nd place)
  5. Capital One 1.00% Yield 1.00% (tied for 3rd place)
  6. California First National Bank 1.00% Yield 1.00% (tied for 3rd place)
  7. Pacific National Bank 1.00% Yield 1.00% (tied for 3rd place)
  8. ableBanking, a division of Northeast Bank 1.00% Yield 1.00% (tied for 3rd place)
  9. Sallie Mae 0.90% Yield 0.90%
  10. Synchrony Bank 0.85% Yield 0.85% (tied for 4th place)
  11. Ally Bank 0.85% Yield 0.85% (tied for 4th place)
  12. EH National Bank 0.81% Yield 0.81%

To view a current list of savings account rates and money market account rates search our database at SavingsAccount.MonitorBankRates.com.

    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

  • East Boston Savings Bank 1.07% Yield 1.08%
  • Synchrony Bank 1.04% Yield 1.05%
  • AloStar Bank of Commerce 1.04% Yield 1.05%
  • Goldman Sachs Bank 1.04% Yield 1.05%
  • Barclays 1.00% Yield 1.00%
  • Ally Bank 1.00% Yield 1.00%
  • Quorum Federal Credit Union 1.00% Yield 1.00%
  • UFB Direct 1.00% Yield 1.00%
  • My Savings Direct 1.00% Yield 1.00%
  • Radius Bank 1.00% Yield 1.00%
  • iGObanking.com 1.00% Yield 1.00%

 Best Money Market Rates August 11, 2016

  • EverBank 0.61% Yield 1.11% – Promotional
  • Dime 1.09% Yield 1.10%
  • iGObanking.com 1.09% Yield 1.10%
  • East Boston Savings Bank 1.07% Yield 1.08%
  • Capital One 1.00% Yield 1.00%
  • Pacific National Bank 1.00% Yield 1.00%
  • ableBanking, a division of Northeast Bank 1.00% Yield 1.00%

Average Variable Deposit Rates for August 11, 2016

  • Average Variable Deposit Rate for Account Balances of $10,000 – 0.49%
  • Average Variable Deposit Rate for Account Balances of $25,000 – 0.58
  • Average Variable Deposit Rate for Account Balances of $50,000 – 0.60%
    Read more...
Pacific National Bank 18 Month CD Rates now at 1.36%
Pacific National Bank 18 Month CD rates are now at 1.36 percent with a yield of 1.37 percent. View current 18 Month CD rates at Pacific National Bank 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

  • Synchrony Bank 1.04% Yield 1.05%
  • AloStar Bank of Commerce 1.04% Yield 1.05%
  • Gold Sachs Bank 1.04% Yield 1.05%
  • Barclays 1.00% Yield 1.00%
  • Ally Bank 1.00% Yield 1.00%
  • Quorum Federal Credit Union 1.00% Yield 1.00%
  • UFB Direct 1.00% Yield 1.00%
  • My Savings Direct 1.00% Yield 1.00%
  • Radius Bank 1.00% Yield 1.00%
  • iGObanking.com 1.00% Yield 1.00%

 Best Money Market Account Rates August 2, 2016

  • EverBank 0.61% Yield 1.11% - Promotional Rate
  • Dime Savings Bank 1.09% Yield 1.10%
  • iGObanking.com 1.09% Yield 1.10%
  • East Boston Savings Bank 1.07% Yield 1.08%
  • Capital One 1.00% Yield 1.00%
  • Pacific National Bank 1.00% Yield 1.00%
  • ableBanking, a division of Northeast Bank 1.00% Yield 1.00%

Average Deposit Rates for August 2, 2016

  • Savings/ Money Market Account Balance $10,000 - Average Rate 0.49%
  • Savings/ Money Market Account Balance $25,000 - Average Rate 0.58
  • Savings/ Money Market Account Balance $50,000 - - Average Rate 0.60%
    Read more...

Compare Pacific National Bank's CD Rates With Other Bank Rates Below

Pacific National Bank Financials

Total Assets: $362,028,000
Total Deposits: $225,980,000
Equity Capital: $41,169,000
Domestic Deposits: $145,255,000
Net Income: $-389,000
Net Income (Quarterly): $-389,000
Headquarters: Guayaquil
FDIC Field Office: South Florida
Regulator: OCC
County: Miami-Dade
# of Offices: 1
Metropolitan Statistical Area (MSA): Miami, FL
Consolidated Metropolitan Statistical Area (CMSA): Miami-Fort Lauderdale, FL
OTS Region: Southeast
FDIC Region: Atlanta
Last Updated: 2006-11-03
Source: FDIC