Question: What Are The Cd Rates At Suntrust Bank?

SunTrust Bank, now Truist Bank, features four Personal Certificates of Deposit (CD), ranging from six months to 24 months, on its website.

How Much Can You Earn With SunTrust Bank’s CD Rates?

CD Term APY Interest Earned
6 Months 0.05% $2.50
12 Months 0.05% $5.00
18 Months 0.05% $7.50
24 Months 0.05% $10.00

What is the money market interest rate at Suntrust?

SunTrust Advantage Money Market Savings Review: 1.50% APY (Nationwide) Available nationwide, SunTrust Advantage Money Market is offering a rate of 1.50% APY when you open and meet the requirements.

Is Truist bank a good bank?

The two banks completed the merger on Dec. 6, 2019. The bank serves about 10 million households in 17 states as well as numerous business customers. In addition, GOBankingRates named Truist Bank the Best Regional Bank of 2021 in its annual Best Banks rankings.

Will CD rates go up in 2021?

CD rates should stay low in 2021, but they probably won’t drop as drastically as they did in 2020. Rates could go up if the US economy recovers from the pandemic more quickly than expected. Even with relatively low rates, a CD could be the right savings tool for you, depending on your goals.

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Is Bank of America a good bank?

Bank of America is a good choice for customers who want the comfort of having a bank branch or an ATM close by. Although customers can earn additional rewards with their balances through Preferred Rewards, they may be better off with more-competitive interest rates on their savings at other banks.

Who is the best bank to bank with?

Best banks and credit unions:

  • Best overall, best for customer service: Ally Bank.
  • Best overall, best for cash-back rewards: Discover Bank.
  • Best overall, best for ATM availability: Alliant Credit Union.
  • Best overall, best for overdraft options: One.
  • Best overall, best for rates: Varo Bank.
  • Best overall, best for tools: Chime.

What does Truist logo mean?

Truist is the product of the SunTrust and BB&T merger. Truist unveiled its new logo on Monday — two sideways T’s inside a square box. The monogram represents touch and technology, the bank said, while the square symbolizes trust.

Are all SunTrust now Truist?

As you are aware, SunTrust Bank (“SunTrust”) merged with Branch Banking and Trust Company, a North Carolina banking corporation (“BB&T”) and the combined bank is now known as Truist Bank (“Truist”).

Can SunTrust customers use BB&T branches?

Use your SunTrust Debit or ATM Card at any BB&T ATM with no ATM fees. Your SunTrust Debit or ATM Card can be used right now at any BB&T ATM to make cash withdrawals, with no ATM fees. While more exciting benefits are ahead, continue to bank at SunTrust for all other transactions as you normally would.

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Who bought out BB&T bank?

BB&T, headquartered in Winston-Salem, North Carolina, officially merged in late 2019 with SunTrust to form Truist, whose sign is now atop the 300 Summers St. tower. Coming at the end of 2019, merger news flew under the radar during the COVID-19 pandemic.

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