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?
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.
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