Bank Of America Cd Rates

10/7 - First National Bank of America 12-Month CD Offers 2.45% APY 8/24 - First National Bank of America's Long-Term CDs Still Rate Leaders 8/8 - FNBA Reduces Rates 7/11 - First National Bank Of America Reduces Several CD Rates 6/12 - Lower Rate On 60 Month Cd 5/17 - Cd Rate Drop On One And Five Year Cd. Bank of America is offering one of the best CD rates for 7 month CD, this promotional CD rate is currently 3.68% with an APY of 3.75%. The rate is only available online at bankofamerica.com and is only for the initial term of a new CD. Bank of America CD Rates + Account Details. Bank of America CDs are federally insured by the FDIC up to the applicable limits. These are $250,000 per depositor or $500,000 on joint accounts. Bank of America has two sets of certificates of deposit available to consumers currently: “Featured CDs” and “Standard CDs.”.

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Federal Deposit Insurance Corporation: Is it safe to send your money to an unknown bank? Yes, as long as it's FDIC-insured. You can verify the FDIC-insurance status of any bank in the USA (or phone the FDIC at 877-275-3342).

National Credit Union Administration: Is it safe to send your money to an unknown credit union? Yes, as long as it's NCUA-insured. You can verify the NCUA-insurance status of any credit union in the USA (or phone the NCUA at 800-755-1030).

Board of Governors of the Federal Reserve: Learn what the purposes and functions of the Federal Reserve are and how they affect interest rates.

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