Are you looking for a quick way to earn a little extra money? Gateway Bank is offering a 6 Month CD at 0.90% APY. This interest rate will earn you more than most savings accounts. The downside to a certificate of deposit is your money will be locked up for the full 6 months.
Gateway Commercial Bank is located in Mesa, Arizona. Their board of directors understands the issues and needs of local small businesses. They are a small bank with personalized services.
You can open their 6 Month CD with a minimum deposit of $1,000. An Early Withdrawal Penalty will result by closing the CD before the end of the term. Be sure to check out their site for the newest rates as they are subject to change at any time. Since this is a small local bank to Mesa Arizona their CD’s may be more competitive than traditional banks and institutions.
If you are new to CD’s (certificate of deposits), just want to get your feet wet, or have a small amount of money to invest then Navy Credit Federal Union has a great starter certificate you may be able to take advantage of.
