Abstract: Corus Bank offers attractive interest rates on its' Certificates of Deposits. The holders of Corus Money Market Accounts and Corus Ultimate Checking Accounts also receive high rate of interest on their account balance.
Bank Rates offered by Corus appear to be quite attractive in front of the customers. This Corus Bank offers not only retail banking facility, but also provides conversion loan, construction loans and bridge loans to the commercial real estate sector. In its' retail banking section, it offers attractive interest rates on Certificates of Deposit and on Money Market Accounts.
CD Rates offered by Corus Bank
• Interests earned on the certificates of deposit are added to the balance amount of the Certificate of Deposit.
• For a certificate of deposit worth $10,000 of a term period of 12 months, Corus Bank offers an interest rate of 3.45%.
• For a certificate of deposit worth $10,000 of a term period of 6 months, the Bank provides an interest rate of 3.79%.
• If a customer goes for a certificate of deposit of $100,000 and chooses a term period of 12 months, then also he receives an interest rate of 3.45%.
• If the customers choose a term period of 6 months for his $10,000 CD, then he gets an interest rate of 3.79%.
Interest Rates offered by Corus Bank on Money Market Accounts
• The Money Market Accounts of Corus Bank carry an interest rate of 3.94%.
• Holders of Corus Money Market Account are entitled to receive Annual Percentage Yield at the rate of 3.5%.
• The customers who are holding Ultimate Money Market Accounts, receive an interest rate of 3.94%, but get Annual Percentage Yield at the rate of 4%.
Interest Rates offered by Corus on Checking Accounts
• The customers, who are holding Ultimate Checking Account of Corus Bank and are maintaining account balance somewhere between $0.01 and $99,999.99, earn interest at the rate of 0.5%.
• Holders of Corus Ultimate Checking Account receive an interest rate of 3.94% on maintaining a balance of $100,000.00 and above.