New Orleans Deal On Long-Term CD Rates

Crescent Bank and Trust offers top deals on its 36-month CD rates.

But its specials on 25-, 37- and 44-month CD rates are even better.

With a $5,000 minimum deposit, the New Orleans bank pays:

1.75% APY on its 25-month CDs.
2.40% APY on its 37-month CDs.
2.60% APY on its 44-month CDs.

We reported in January on this bank’s top 44-month CD rates, which have remained unchanged, while the top nationally available deal on 36-month CDs has dropped by nearly two-tenths of a percentage point.

Today, that deal beats the top 3-year certificate of deposit on our CD Rates Leaderboard by six-tenths of a percentage point.

Its 25-month CD is two-tenths of a percentage point better than the best nationally available 24-month deal, and its 37-month CD is four-tenths of a percentage point better than the best 36-month deal.

Crescent Bank and Trust (www.cbtno.com) also beats the top nationally available 36-month CD rates with its own 36-month CD. It pays 2.15% APY with a $1,000 minimum deposit.

You must be a Louisiana resident to purchase these certificates of deposit and do so in person.

Crescent Bank and Trust has two full-service branches — in New Orleans and Metairie — and several limited-purpose branches in Alexandria, Baton Rouge, Covington and Shreveport.

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