County Bank to Launch 25-Month CD Promotion.Business Editors County Bank's new 4.00% APY APY See: Annual Percentage Yield (Annual Percentage Yield), 25-month CD is more than money in the bank -- it's also a toaster See intranet toaster and Video Toaster. (jargon) toaster - 1. The archetypal really stupid application for an embedded microprocessor controller; often used in comments that imply that a scheme is inappropriate technology (but see elevator controller). in the kitchen. At a time when low-yield CDs at most banks don't make much cents, County Bank's new high-yield CD makes financial sense. And even breakfast sense. During the special promotion, CD customers will get a free toaster. Just like in the good old days when banks gave great interest rates and a toaster as a thank you for the business. Ed Rocha, County Bank Executive Vice President and CBO CBO See: Collateralized Bond Obligation. , said, "Though it's been years since banks gave out free toasters, County Bank still has never forgotten that old-fashion value of service and genuine appreciation for our customers. We pride ourselves on maintaining the atmosphere and banking services that customers are nostalgic for while at the same time having all of the amenities of modern times." County Bank is an Independent Community Bank, with 18 full service branches and 4 commercial lending centers serving customers in the counties of Fresno, Madera, Mariposa, Tuolumne, Stanislaus, San Joaquin, San Francisco and Merced. Capital Corp of the West, the holding company of County Bank, has assets of over $950 million and is located in Merced, California at 550 West Main Street. Capital Corp of the West can be found on the World Wide Web at www.ccow.com and is traded through the National Stock Exchange (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CCOW). County Bank is a member of FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). and is an equal housing lender The terms Equal Housing Lender and Equal Opportunity Lender are synonymous and refer to all FDIC insured banks in the United States. Such banks are prohibited from discriminating on the basis of race, color, religion, national origin, sex, handicap, or familial status. and can be found on the Internet at www.countybank.com. |
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