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TAB Bank CD Rates Changed

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TAB Bank CD rates were changed on short term and intermediate term certificates of deposit. All the CD rate changes were higher with the exception of the 6 month rate. 6 month CD rates were lowered from 0.95 percent to 0.92 percent. Even with the 3 basis point decline, the 6 month CD rate at TAB Bank remains in 2nd place in our 6 month rate list.

TAB Bank's 1 year CD rate was increased from 1.21 percent with a yield of 1.22 percent to 1.24 percent with a yield of 1.25 percent. TAB's new 1 year CD rate places the bank in 3rd place on our 1 year rate list, up from 4th place before the rate increase.

You can search for and compare CD rates from many banks and credit unions by searching our rate lists at MonitorBankRates.com.

  • TAB's 2 year rate remains in 5th place on our 2 year rate list - 2 year CD rates were increased from 1.41 percent to 1.43 percent. 2 year yields were increased from 1.42 percent to 1.44 percent.  
  • TAB's 3 year CD rate was in 2nd place before the increase and is now the best 3 year CD rate in our database - 3 year CD rates were increased from 1.56 percent to 1.61 percent. The yield was increased from 1.57 percent to 1.62 percent.   





 
Author: Brian McKay
October 23rd, 2016