Archive for the 'New Dominion Bank' Category

Variable Rate CDs @ New Dominion Bank

New Dominion Bank is offering variable rate CDs with an interest rate tied to the Wall Street Journal prime rate. The bank will adjust the rate on the CDs as the prime rate increases or decreases. Current rates are 1-year (5.50% APY), 18-month (5.55% APY), 2-year (5.60% APY), and 2.5-year (5.60% APY).