TD Bank has been in service for the last 150 years. It was first started in 1852 in Portland, Maine and today it serves customers in many Eastern states in the US, from Maine to Florida. It is the 15^th largest commercial bank in the US and its assets amount to about $142 billion. They have many savings and investment options that provide a good return on investment.

There are four kinds of CDs offered by TD Bank and they are Basic CDs, No Catch CDs, Step rate CDs and IRA Add-Vantage CDs. The Basic CDs have competitive interest rates and the term ranges from 91 days to 7 years. In the No Catch CDs, the investor can make one penalty-free withdrawal every term. In the Step Rate CDs, the interest rate increases every year and the investor can make a full or partial withdrawal on the anniversary date of the CD. In IRA Add-Vantage CDs, the investor can add money from time to time towards retirement.

The current td bank cd rates for a 9-month term in Basic CDs option is 0.75% APY. In the case of No Catch CDS, the td bank rates are 0.30% for 6 months and 0.45% for 12 months respectively. The td bank certificate of deposit rates for IRA Add-Vantage CD is 0.75% for a 12-month term. The average td cd rates for Step rate CDs are 1.55% for 3 years and 2.20% for 5 years. All CDs require a minimum amount of $250. These td certificate of deposit rates coupled with no maintenance fees make it a very attractive avenue of investment.

This entry was posted on Wednesday, January 13th, 2010 at 11:47 pm and is filed under TD Bank CD rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.