We’re happy to say that these are on par with some of the best offerings on our list of the best IRA CD rates. 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 4/24 - First National Bank of America Leads With 60-Month CD, 3.35% APY It’s highest rate tops at 1.1% APY for its 84-month term. The rate is only available online at bankofamerica.com and is only for the initial term of a new CD. When comparing bank CD rates in Bradenton, FL make sure to choose a Bradenton, FL bank that has deposits insured by the Federal Deposit Insurance Corporation (FDIC). USAA Bank CD (Member FDIC) : USAA Bank offers a wide range of CD options for military members and families, but rates are mediocre and you'll need at least $1,000 to open an account. Also it is 0.02 % lower than the highest rate 0.05 Updated May, 2020 on Bank of America's secure website. Type Fixed: Rate 0.03%: Currency: USD: The rate of 0.03% is 0.01% lower than the average 0.04%. You can only open these CDs by visiting an All America Bank branch. Its fixed term CD products range from 28 days (1 month) to 120 months (10 years). Online Deposit Rates At Bank of America, it’s $100. Featured CDs offer a higher APY but require a higher balance. The CDs offered by All America Bank seem fairly basic and with heavy restrictions. Saint Augustine, Florida Bank CD Rates. Current 12 month (12 to 17 month) bank CD rates at Bank of America are 0.45% with a CD yield of 0.45%. Bank of America CD interest rates aren't head-turning, but their terms are good for individuals interested in building a CD ladder. *Annual Percentage Yield (APY) of .45%. First National Bank of America is a Michigan-based community bank. Its time deposit CD minimum requires $1000 to open. Bank of America (NYSE: BAC), which just reported a $9.1 billion loss in the second quarter because of a $8.5 billion settlement with investors, is offering CD rates which are lower than the national average rates. Requires an initial deposit of $10,000 , but rates are guaranteed and it offers term lengths of 13, 25 or 37 months. Bank of America does not offer any rate guarantees on any of its CD products. Bankrate.com offers cd rates from major banks, lenders and credit unions. Bank of America began as Nantucket Pacific Bank in 1804. That’s much higher than online savings accounts. Searching for the best cd rates in the country? If you’re looking for higher rates or just want to compare more options check out our CD guide and the comparison table below. At the end of the term, the CD will automatically renew for the same length of time. Bank of America Refinance & Purchase Loans. Bank of America tiers their CD rates by term and by the amount you save. Bank of America CD rates. You agree to keep your money in the CD for a set amount of time—7 months, 12 months, 24 months or longer. Unfortunately, it won’t be as convenient to open an account if you don’t live near one of its branches, so an online option may be a better choice for you. We offer Certificates of Deposit in a broad range of maturities from short term CDs to long term CDs and everything in between, each designed with a particular goal in mind. CDs Accounts are also FDIC-insured but less accessible. How First National Bank of America’s IRA CD rates compare. How to get an All America Bank CD. Bank of America has a variety of CD terms at a somewhat low minimum opening requirement, but CD rates tend to be low. How Bank of America’s CD rates compare. However, Bank of America does acknowledge that from time to time, personalized bonus offers are sent out to entice people to open a savings account with the bank. The risk free CD provides you with the ability to access your funds without penalty. 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