NOVA Bank of Pennsylvania is offering an 18 month CD for 4.25% APY, a top rate for an 18 month cd according to the BestCashCow rate table. The CD can be opened online or via the phone. The bank's application process requires you to mail back a signature card along with two forms of indentification, one of them being a valid driver's license.
The minimum deposit amount is $500 and the maximum is $1,000,000. Like all CDs there is a penalty for early withdrawal which in this case is 180 days of interest.
NOVA Bank is a Pennsylvania chartered bank with approximately $519 million in assets. It has 3.5 star out of 5 soundness rating from Bauer Financial.
Thanks to BankDeals for the find.
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