USAA Federal Savings Bank 3.46% 4 Year Jumbo CD
USAA Federal Savings Bank is offering some competitive jumbo CD rates which require at least a $175,000 deposit. The jumbo rates are 2.68% APY for 30 months, 2.81% APY for 3 years, and 3.46% APY for 4 years. If you deposit between $1,000 and $95,000 the rates are 2.32%, 2.40%, and 3.15% respectively. If you’d like to visit their site click here.
The rate locks in when you submit an application and you can fund the account via ACH transfer. All CD rates are also available as an IRA CD rate as well. The grace period is 10 days at maturity which is standard for most banks. The early withdrawal penalty on these certificates of deposit is 180 days’ interest. This offer is available nationally.
If you want to open an account in person, USAA Federal Savings Bank is headquartered in San Antonio, Texas. It is FDIC insured and has a strong 4 out of 5 star soundness rating from bankrate.