This update on SunTrust Bank Special CD Rates is being provided by your friends at CD Rates. Our purpose is to keep you, the American consumer updated on the most relevant changes to this type of investment mechanism.
The current special CD rates being offered by SunTrust include a Solid Finds a Way package which consists of 2 separate but joined CDs. There is the 39 month and 63 month CDs that each earns an APY of 2.40%. Each CD has to have equal amounts on deposit in both accounts.
The other SunTrust CD specials include a 59 month CD that is earning an APY of 2.25%. The 37 month CD is earning an APY of 1.55%.The 22 month CD is earning an APY of 1.01%. There is also a 10 month no penalty CD that is earning an APY of 0.35%. All of these CDs require a minimum deposit of $2,000 and have a maximum deposit of $1,000,000.
The no penalty CD allows for the depositor to make a onetime withdraw from the account after 7 days of opening g the CD.
SunTrust Bank does offer standard CDs that have terms from 7 days to 10 years, but you must contact your local branch offices for the rates on these investments. The APYs of the standard CDs are in a tiered format so the more you invest for the longer period, the greater earning s you will have accumulated.
All of the SunTrust Bank Special CD Rates were posted on January 24, 2011 and were still current at the beginning of February 2011. All rates are subject to change without notice.
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