Giantbank.com Increases Short Term CD Rates
Short term CD rates at giantbank.com were recently increased. The largest increases were 20 basis points on Giantbank.com's 3 month jumbo certificate of deposit and 15 basis points on regular 3 month CDs. The rest of the increases were 10 basis points.
All of the recent rate changes are listed below. You can compare these short term CD rates with rates offered by other banks at MonitorBankRates.com.
CD Rate Increases At Giantbank.com
Below is a complete list of giantbank.com CD rates
Online banks like giantbank.com are able to offer better CD rates than traditional brick and mortar banks because of lower overhead costs. The bank does not except brokered funds. According to the Code of Federal Regulations, Title 12, Volume 4, revised as of January 1, 2009, Part 337, Section 337.6 (a)(2), the definition of broker funds is as follows:
Some of the benefits to opening an online certificate of deposit at giantbank.com include the following.
Banking & Finance InformationPersonal Finance