Millennium Bank CD Rates – 1 Year CD Rates 5.75% to 6.75%
If you are willing to relinquish the right to redeem your CD before maturity and you can sleep at night even though the account isn't FDIC insured then take a look at rates.
To apply for an account you have to download the application, fill it out and send it to Millennium Bank. The bank also requires you to send them a letter of reference from your existing bank. The easiest way to go about this is to just call Millennium Bank toll free at 1-888-776-7720 and talk to one of their account representatives. Here is a link to the Bank's applications if you choose to do it on your own.
Millennium Bank is a wholly-owned subsidiary of United Trust of Switzerland S.A. a Geneva based private trust established in 1931. You can make deposits and withdrawals in dollars to avoid any currency transaction costs. The interest you earn on your account is tax-exempt in St. Vincent and the Grenadines.