The word going around is Bank Rates are up with Golf Savings Bank.   They have joined forces with Sterling Bank and if you search for Golf Savings Bank you should be redirected. While speaking with one of GSA’s representatives on the phone, she revealed two of their tiptop FDIC insured CD rates.  Their most popular rate is a 15 month term CD which includes 1.88% interest and a 1.90% APY.  But that’s not all, this term comes with a bump feature, allowing you to change the rate 1 time (at any time).   So if rates go up, and you want to reach that pinnacle of bank rates, then you can change your rate accordingly.

Also popular is their 2 year CD.  This CD comes with interest at 2.18% and one of their best APY rates of 2.20%.  There isn’t a bump feature, but if rates go down, you’ve got a steady 2.20% fixed APY.

Although both of these offers are among the best APY, there is a catch.  The minimum deposit for both of these offers is a hefty 10,000.  And the maximum allowed in the CD is 90,000.

If you thought a 10,000 minimum deposit was big.  There are several CD’s GSA is offering with a minimum of 90,000 with no maximum.   I’ll say it again.. WITH NO MAXIMUM.  So if money is tight, maybe GSA isn’t for you.  But if you’ve got that large amount of cash, and with no limit to your deposit, the earnings could be extreme.  For more of GSA’s best rates Click Here.

Golf Savings Bank is insured with FDIC