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Millenium Bank: 7.5% CDs
Anyone heard of Millenium Bank ( http://www.mlnbank.com )? I ran into them while searching CD rates. They currently offer from 6.5% to 7.5% APR depending on the amount.
However, they are a Swiss bank without FDIC. Part of their marketing is aimed at reassuring American investors (who'd a thought?). Too good to be true?
__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.
As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
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