Flagstar CD Rates
When looking at certificates of deposit, we here at HighCDratesInfo.com had to look at Flagstar CD rates and information. Flagstar Bank is a full-service bank offering several account types including the Flagstar CD.
Current yields vary by state, but average from 2.01%-3.65% annual percentage yield (APY) in most areas and for terms from 180 days to 60 months. In most areas, minimum deposits for a Flagstar CD are only $500 and accounts can be opened online. Flagstar CD rates are competitive with today’s certificate of deposit rates.
All Flagstar CD accounts include a 10-day grace period in case you change your mind and can be renewed by telephone, in person at a local branch, or in writing. Interest disbursements can be paid quarterly by check, monthly into a Flagstar account (checking, money market, or savings) or accrued within the CD itself at expiration.
Many options are available for shorter or longer-term investments from six months out to 5 years. Interest distributions that stay with the Flagstar CD can be posted monthly, quarterly, or at the end of the certificate of deposit term. This allows flexibility with taxes and other needs.
All Flagstar CD accounts are FDIC insured to the fullest extent of the law and include 24-hour telephone banking access. We’re sure that you’ll be interested in looking at Flagstar CD rates for your area and will probably find something worth considering when you do.