Higher Short Term CD Bank Rates at AloStar Bank of Commerce

AloStar Bank of Commerce headquartered in Birmingham, Alabama, is offering very competitive short term personal certificate of deposit rates. Personal CDs are available in terms ranging between 30 days and 2 years.  Interest rates are tiered and based on the deposit amount. AloStar is a FDIC member bank (FDIC Cert: 59060) which has deposits insured for up to $250,000.

Current 1 year CD interest rates are at 1.05% with an APY of 1.06%. While Alostar's 1 year rate isnt' the best rate around its in the top 5 rates on our 1 year rate list. The bank's 1 year rate is also higher than Bankrate's national average rate of 0.75%

2 year CD rates at Alostar are slight higher at 1.15% with an APY of 1.16%. Alostar's 2 year rate is tied with Metropolitan National Bank's rate on our list for second place. Only CIT Bank is offering a higher rate at 1.24% with an APY of 1.25%. The current national average 2 year CD rate is at 0.83%.

Alsostar Bank CD Rates and APY

Personal CD Rates and APY

• 30 Day Rate 0.10% APY 0.10%
• 90 Date Rate 0.45% APY 0.45%
• 6 Month Rate 0.76% APY 0.76%
• 9 Month Rate 0.76% APY o.76%
• 12 Month Rate 1.05% APY 1.06%
• 24 Month Rate 1.15% APY 1.16%

Small Business CD Rates and APY

• 30 Day Rate 0.10% APY 0.10%
• 90 Date Rate 0.15% APY 0.15%
• 6 Month Rate 0.20% APY 0.20%
• 9 Month Rate 0.25% APY o.25%
• 12 Month Rate 0.30% APY 0.30%
• 24 Month Rate 0.50% APY 0.50%

 Traditional IRA CD Rates and APY

• 12 Month Rate 1.03% APY 1.03%
• 24 Month Rate 1.18% APY 1.19%
• 36 Month Rate 1.18% APY 1.19%

 Roth IRA CD Rates and APY

• 12 Month Rate 1.03% APY 1.03%
• 24 Month Rate 1.18% APY 1.19%
• 36 Month Rate 1.18% APY 1.19%

* APYs reflect the total amount of CD interest paid on a deposit account, based on the CD interest rate and the frequency of compounding for a 365-day period.

Certificate of deposit accounts can be easily opened online by filling out an application. You can start the process here: Alostar Bank CD Account Application. You can also call the bank toll free 1-877-738-6391 and speak to a Customer Service Representative or email the bank at: customerservice (at) alostarbank.com.