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A Look at New Dominion Bank

Category: Bank Profiles- gotalkmoney.com- 3:02 pm/ March 4, 2008

This week the CD rates actually went up for a change but you may have noticed a few new banks in the mix and one of them happens to be New Dominion Bank.  New Dominion has been on the top ten charts a few times in the past but they seldom stay on due to the other bank’s competitive rates but this time, they are actually having some pretty good deals worth looking at.

New Dominion Bank is located in Charlotte, NC and is FDIC insured.

Below are some of their leading rates as of 3.4.08

Money Market – 3.05% APY, $3,000 minimum.  It’s not the greatest but has a decent minimum balance.  This is great for local residents if you want a brick and mortar branch to go to.

6 month – 3.66% APY, $3,000 minimum.

1 year CD – 3.55% APY, $3,000 minimum.

For more information regarding this bank, visit their website or call 1.800.592.6248

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