OneWest Bank CD Rates

Most probably know that OneWest Bank is the new institution formed from IndyMac after the FDIC foreclosed on the bank and it was restructured. The regional California bank was purchased and made solvent and then renamed to OneWest. This obviously leads to some wariness amongst depositors, so the bank is offering some competitive yields to lure them back. Our job here at Best CD Rates Today is to make sure you’re aware of those OneWest Bank CD rates.

CD rates at OneWest start with short term certificates of deposit at 3, 6, and 9 month terms. For the short-term investor, the 3 month One West Bank CD has a 1.0% annual percentage yield (APY) while a 9 month has a whopping 2.0% APY.

Probably one of the better ones worth looking at is the one year CD rates at OneWest, which are now at 2.6% APY. Definitely worth the time to consider.

The Onewest bank CD for 18 month or 2 year terms offer 1.75% APY and a 3 year term goes back up to 2.0% APY. After that, the 4 and 5 year One West Bank CD rates are 2.10% APY.

The one year special is online only, so you cannot get that at a local branch. OneWest Bank CD rates are subject to change and probably won’t stay at their current rates for long. So if any of these interest you, take advantage of them now. All deposits at OneWest Bank are FDIC insured.

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Posted : April 18th, 2009 by author

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