BBVA Compass Bank is the 15th largest commercial bank in the US, based on the deposit market. The main focus of Compass Bank is to provide financial solutions to people that will fit into their daily life. The BBVA Compass Bank group maintains leadership position in Spain, Mexico and the sunbelt region of the United States. It also extends its operations to China, Japan , Singapore, Switzerland and United Kingdom. Many products are offered by this bank, out of which CDs are popular. The Compass Bank CDs period ranges from 1 month to 60 months. The Compass bank cd rates are also quite competitive.

The Compass CD rates are 0.15 % for a period of 1 month and 3 months. For a period of 6 months, the CD interest rates are 0.40% APY while for a term of 9 months, the interest rate is 0.60% APY. The interest rates are 1.10% APY for a period of 12 months and 1.05% APY for a period of 18 months respectively.

The Certificate of Deposit rates for 24 months is 1.20% APY, for 30 months, it is 1.30% APY, for 36 months, it is 1.50 % APY, for 48 months, it is 1.90% APY and for 60 months, the CD rates are 2.30% APY respectively.

A minimum amount of $5000 is required to open an account and the maximum is $1000000. . A heavy penalty is levied for any early withdrawal. So, plan well and avoid early withdrawals as it can even wipe out the interest you earn on the investment. These schemes are applicable only to individuals and not to financial institutions. They are attractive and you can definitely consider it as one of your avenues for investment.