Suntrust Bank Rating – CD Accounts

Suntrust Bank offers above average CD accounts.  Suntrust Bank offers term lengths ranging from 7 days to 10 years, which is one of the widest ranging term lengths in the banking industry.  What is great is that each term length has a competitive APY attached to it, although one needs to have at least a $2,000 minimum opening deposit to create an account at Suntrust Bank.  The fees are very reasonable with the CD accounts offered by the bank, with penalties for early withdraw being at the national average.  All CD accounts are FDIC insured up to $250,000, and interest is compounded daily and paid monthly.

CD Rating