October 22nd, 2010
North American Savings Bank is another strong player in the CD Rate landscape. Their financial health also looks really good, so your CD is more than likely going to last the term. It is an online only application and they will take regular personal funds from anywhere in the US. They use to take IRAs and trust accounts, but it was too much hassle for them.
|Star Rating:||3 (***)|
|Address:||125th And South 71 Hwy|
Grandview, MO 64030
|Penalty:||6-Month loss of interest (5-year CD)|
North American Savings Bank has a strong 14-month rate, but that is about it. There are other higher interest rates out there on the other terms. Their rating has dropped from 5-stars to 3-stars. Still decent, but a little concerning.
-- By +Chris Duncan