In this fast-paced financial landscape, finding a safe haven for your hard-earned savings can be challenging. Merchants Bank of Indiana offers a 2-year CD that provides a compelling solution to secure your funds while earning competitive interest.
A 2-year CD (Certificate of Deposit) is a low-risk investment that locks your funds for a fixed term of two years. During this period, you earn interest at a predetermined rate, providing a guaranteed return on your investment.
Term | Interest Rate |
---|---|
12 months | 2.50% |
24 months | 2.75% |
36 months | 2.95% |
Opening a 2-year CD with Merchants Bank of Indiana is straightforward:
Below is a comparison table highlighting the interest rates offered by Merchants Bank of Indiana and other banks for 2-year CDs:
Bank | Interest Rate |
---|---|
Merchants Bank of Indiana | 2.75% |
Chase Bank | 2.60% |
Bank of America | 2.55% |
Wells Fargo | 2.65% |
PNC Bank | 2.70% |
As you can see, Merchants Bank of Indiana offers competitive rates compared to other reputable banks.
If you're seeking a secure and reliable way to grow your savings over the next two years, consider opening a Merchants Bank of Indiana 2-Year CD. With competitive interest rates, FDIC insurance, and flexible investment options, it's a prudent choice for discerning investors.
Visit your local branch, log into your online banking account, or call (800) 533-0748 today to take advantage of this exceptional investment opportunity.
Don't miss out on the opportunity to maximize your savings with Merchants Bank of Indiana's 2-Year CD!
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