Get $50 Cashback Bonus | Lending Club vs. Prosper Free Report                         

Loan Calculator | Mortgage Rates

About Me | Contact Me | My Ramblings  


Darby Direct “36 Month Step Up CD” is a Great Deal

September 4, 2009 | Bank Rates | 1 Comment


This deal sounds too good to be true!  Darby Direct has a “36 Month Step Up CD” that pays an initial rate of 3.0% APY at account opening.  On 8/15/2010 the rate will adjust to 4.0% APY and on 8/15/2011 the rate adjust again to 5.0% APY.  Currently, the average 36 month CD only pays about 1.75% APY.

Kind in mind that there are substantial penalty for early withdrawal.  So be certain you won’t need the money for the next 3 years.   This is a high-yield savings account that you manage online. There are no monthly fees, no minimum balances, and you can access your money anytime. You can link your account to any other accounts to send money back and forth.

Unfortunately, this offer is only available to residents of the state of Georgia.

If you never heard of Darby Direct, they are the online division of 80-year-old Darby Bank and Trust Co., which has nine branches in southern Georgia.

For more information visit





 & get new posts delivered to your in-box!


One Comment to “Darby Direct “36 Month Step Up CD” is a Great Deal”

  1. Gem
    4:29 am on September 6th, 2009

    I’d be wary of a bank that is paying so much more than the average. Could be they are in a money crunch. I would definitely chedk first if they are on the list of banks the FDIC is watching.

Leave a Comment

CommentLuv badge