SunTrust Bank 3% CD Package

Presently, there is a SunTrust Bank 3% CD package being offered. This is from a financial institution that offers retail and commercial banking, as well as trust services, mortgage banking, credit cards, mutual funds, insurance, equipment leasing, asset management, and securities underwriting. SunTrust Bank is the largest subsidiary of SunTrust Banks, Inc., an American bank holding company.

SunTrust Bank’s most direct corporate parent was established in 1891 in Atlanta, Georgia where its headquarters remain. SunTrust operates approximately 1,700 bank branches across the Southern states, including Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and Washington, DC.

SunTrust CDs provide a secure place for you to invest your money. You can invest funds for a chosen period of time at a fixed rate, allowing you to ride out any investment rate fluctuations that may occur. The SunTrust special CD package offer combines a 3.00% APY on its 26 month CD & IRA CD and another 3.00% APY on its 49 month CD & IRA CD in a combo package. The balances must be split evenly between the CDs in the package. A minimum deposit of $2000 per CD is required and the maximum deposit is $1,000,000. This offer is good for consumer and business accounts but is not available for public funds. A SunTrust consumer checking account is required for consumer CD packages and a SunTrust business checking account is required for business CD packages. There is a substantial penalty that will be imposed on early withdrawals that may result in the reduction of the principal if the accrued interest will not be sufficient to cover the penalty.

These special package CD rates are posted 2/18/2010 and are still current and effective as of 3/15/2010. Visit their website or your local branch for more details. The SunTrust Bank 3% CD package term or APY are subject to change without prior notice.

For additional resources about CD’s on this website, please view Best CD Rates by Term. For another financial institution rates please check out Ally Bank Certificate of Deposit Rates.

The Best CD Rates March 2010 is available on our sister website of onlinebanksblog.com.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name.

Tags: bank rates, CD rates, investing, money, SunTrust bank

Comments (2)

2 Responses to “SunTrust Bank 3% CD Package”

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