DatumPoint5
Recycles dryer sheets
- Joined
- Jan 22, 2014
- Messages
- 170
Has anyone here ever dealt with a bank called ANZ? ANZ is the "Australia and New Zealand Bank".
I have some cash I want to park for a few years and I have been closely watching CD rates waiting for an opportunity. This morning, I visited Bank Account Rates | Bank Reviews, Deals & Promotions | Deposit Accounts and lo and behold there was a listing for a 5 year CD paying 4.3 percent? I was a little "stunned".
If it were a "normal" bank, I would have already pulled the trigger, but, the bank offering the rate was located in Guam. Guam is a US territory and this bank is covered by the FDIC as you can see by clicking here. ANZ has branches in many countries and also has a presence in NYC. DepositAccounts.com has their review here. The ANZ Bank website is located here.
I fully trust most online banking that I "recognize" (e.g. Ally, CitBank, GECap, PenFed, etc.), but, for some reason, I am a little hesitant to open an online account "all the way over in Guam".
So. I guess the reasons for my post is twofold.
1 - Hey everyone, FYI, there is a bank paying 4.3 percent on a CD!
2 - Am I crazy to consider parking 100k "over in Guam"?!?!?
I have some cash I want to park for a few years and I have been closely watching CD rates waiting for an opportunity. This morning, I visited Bank Account Rates | Bank Reviews, Deals & Promotions | Deposit Accounts and lo and behold there was a listing for a 5 year CD paying 4.3 percent? I was a little "stunned".
If it were a "normal" bank, I would have already pulled the trigger, but, the bank offering the rate was located in Guam. Guam is a US territory and this bank is covered by the FDIC as you can see by clicking here. ANZ has branches in many countries and also has a presence in NYC. DepositAccounts.com has their review here. The ANZ Bank website is located here.
I fully trust most online banking that I "recognize" (e.g. Ally, CitBank, GECap, PenFed, etc.), but, for some reason, I am a little hesitant to open an online account "all the way over in Guam".
So. I guess the reasons for my post is twofold.
1 - Hey everyone, FYI, there is a bank paying 4.3 percent on a CD!
2 - Am I crazy to consider parking 100k "over in Guam"?!?!?