Countrywide Bank CD Rates
Countrywide Bank raised the yield on its savingslink account from 5.25% to 5.31% APY on balances from $10K to $50K. The yield on balances under $10K remains at 4% APY, and the yield for balances over $50K remains at 5.40% APY.
Countrywide also raised the yield on its 6 and 12 month CDs to 5.40% APY and 5.50% APY (see rate table). These have a minimum deposit of $10K.
Details of the savingslink account are available here. Some of the important features include:
- $1,000 minimum opening balance required
- No monthly service charges
- Free bank to bank transfers
- Up to 6 withdrawals per month
- No checks or ATM card
