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Current CD rates and terms at Comerica Bank. You can often get higher than advertised rates at your local branch if you do your homework. Print out our "Highest CD Rate Survey" and bring it in with you. Print out some of the advertisement of rates advertised on your bank's competing web sites so you have proof.        
 
Bottom line: It never hurts to ask the teller if better rates are available when you do your homework!

11/4/08 San Jose Mercury News Ad:  4.00% APY CD, $2500 Min.  Checking Acct Required.

        
==> " CD Rates at Comerica Bank " as of 11/04/08 <==
Fixed Rate CDs - Terms under 1 year†

Annual Percentage Yield (APY) 
Balance7 - 29
Days
30 - 59
Days
60 - 89
Days
90 - 179
Days
180 - 364
Days
$0 - $2,499
$2,500 - $9,999
$10,000 - $24,999
$25,000 - $49,999
$50,000 - $99,999
$100,000 - $249,999
$250,000 - $499,999
$500,000 & over
0.75
0.75
1.15
1.15
1.15
1.75
1.75
1.75
0.75
0.75
1.15
1.15
1.15
1.75
1.75
1.75
1.10
1.10
1.50
1.50
1.50
2.00
2.00
2.00
1.50
1.50
1.50
1.50
1.50
2.00
2.00
2.00
1.50
1.50
1.60
1.60
1.60
2.00
2.00
2.00



Fixed Rate CDs - 1 year and over

Annual Percentage Yield (APY) 
Balance1
Yr
2
Yrs
3
Yrs
4
Yrs
5
Yrs
6
Yrs
7-10
Yrs
$0 - $2,499
$2,500 - $9,999
$10,000 - $24,999
$25,000 - $49,999
$50,000 - $99,999
$100,000 - $249,999
$250,000 - $499,999
$500,000 & over
1.50
3.75
3.75
3.75
3.75
3.75
3.75
3.75
1.75
1.75
2.75
2.75
2.75
2.75
2.75
2.75
1.75
1.75
2.75
2.75
2.75
2.75
2.75
2.75
2.00
2.00
3.25
3.25
3.25
3.25
3.25
3.25
2.25
2.25
3.51
3.51
3.51
3.51
3.51
3.51
2.25
2.25
3.75
3.75
3.75
3.75
3.75
3.75
2.25
2.25
3.75
3.75
3.75
3.75
3.75
3.75

Article: Beware of Annuities


Rates and terms may change so read the fine print and make sure you get FDIC insurance!!!! 

Comerica's Wealth & Institutional Management team consists of various divisions of Comerica Bank and also subsidiaries of Comerica Bank including World Asset Management, Inc.; Wilson, Kemp & Associates, Inc.; Comerica Insurance Services; and Comerica Securities, Inc. Securities products and services are offered through Comerica Securities, Inc., which is a broker/dealer and member FINRA and SIPC. Comerica Securities, Inc. is also a federally Registered Investment Advisor. Insurance products are offered through various licensed insurance agencies including subsidiaries of Comerica Bank. Comerica Securities, Inc. and Comerica Insurance Services are subsidiaries of Comerica Bank.

Insurance and securities products, including annuities, are NOT insured by the FDIC or any government agency; are NOT deposits or obligations of, or guaranteed by Comerica Bank or any of its affiliates; and may lose value. Insurance products are not guaranteed by any person soliciting the purchase of or selling the policies; are solely the obligation of the issuing insurance company; and Comerica is not obligated to provide benefits under the insurance contract. Not all products available in all states. Variable annuities are made available through Comerica Securities.




It costs money to get new accounts so Banks often give you a deal if you are ready to walk out the door with a chashier's check after you close your CD. 

Definition: 
A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.  Often there is a penalty for early withdrawal (taking your money out before the specified period of time.)

Definition:  A Liquid Certificate of Deposit gives you a CD rate that is usually better than most checking accounts while allowing more fluid access to your money.  That is you can take money out of the CD before it matures.  They usually pay higher rates than the offering bank's money market account but not the top rates of CDs held to the full term.  They are sort of "half and half" and thus offer rates that are inbetween the two.

Rates and terms may change at any time.  Contact the  bank for their current rates.




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