Countrywide bank is a reputable bank in the United States of America that was established in 2001. It is a part of the countrywide financial corporation acquisition and a member of the federal deposit insurance corporation (FDIC). Countrywide is also U.S top home lender, helping millions of families find their dream home ownership. Countrywide has also a mortgage education school, which helps in educating consumers with the knowledge they need before making a purchase.

 In the CD rate market today, countrywide CD enjoys a pride of place not only because of its 5.65% APY, but also because the bank has been stable overtime. However, the only shortcoming to this great rate is that they require a minimum deposit of $10,000 and terms range from 3 months to 84 months, which is 7 years. All the countrywide certificate of deposit rates are tiered by term and expressed in annual percentage yield (APY) for return. But this has a lot of reward for those who can afford to invest in this great bank. Given that the fact the bank is FDIC insured you have nothing to worry about with regard to the safety of your money.

The highest CD rates at the moment are on the special countrywide bank CD rates in 12 and 18 month duration. The 12 month rate is 1.55% APY and the 18-month rate is 1.75%APY. The 48 month term also yields impressive countrywide CD rates of 3.00%APY.

Other countrywide bank certificate of deposit rates of note are the 36 month term at 2.00% APY, the 6 month term at 1.00%APY and the 7 month term at 1.25% APY.

All of these current CD rates are for internet based accounts opened online and local branch countrywide CD rates may be different. All countrywide bank accounts are FDIC insured to the highest degree of the law. Be sure to check on the highest CD rates before you open your account and lock yours in.

If you wish to maximize your interest rate with countrywide CD, there are two ways to do this. The first is by going for longer duration CD types. When you go for longer term CDs, you will be giving the financial institution the flexibility in using your money for other income yielding purposes. This will force them to increase your own rate as well.

Secondly, you can also attract higher rates by investing large sum of money. When you invest with greater sum, it also makes for greater yield in the interest rate.

If you wish to set up a CD account at countrywide bank, you can contact them by visiting their online website or better still taking a walk to their corporate office. They also have their representatives all over the states of the U.S who are always ready to see to your CD investment concerns.