High CD Rates

Sierra Vista Bank is located in Folsom, California with another branch in Cameron Park, both suburbs of Sacramento.  This little-known, local bank which began as a small business, community bank for the area, has become a popular local bank with a strong standing.  Today, here at High CD Rates Info, we’re going to introduce you to this bank and show you the CD rates at Sierra Vista.

Sierra Vista is a very local bank with all of the flair that this includes.  Their marketing is based purely on community involvement and their CEO’s bad jokes.  The bank holds an annual Texas Hold ‘Em tournament for local charities, participates in local events, and is otherwise involved in the small towns it services.  This is counter to the “big bank box” thinking of many other banks.

Sierra Vista CD rates are competitive with regional rates, with a one year CD coming in at 0.75% annual percentage yield (APY) and a five year term with CD rates at Sierra Vista being 2.05% APY.  There are better national rates, but there are a lot worse rates too.  If you prefer local banking, this might be your choice.

The bank recently reported profitability and assets of $105 million, which means the bank is on better financial footing (relatively) than most banks nationally.  Local banks have been weathering the financial storm a little better than their larger competitors.

Overall, if you prefer local banking, then Sierra Vista Bank CD rates might be for you.  Sierra Vista is, of course, fully FDIC insured.