Printer Friendly

GLENDALE FEDERAL BANK INTRODUCES NEW CERTIFICATE OF DEPOSIT

 GLENDALE FEDERAL BANK INTRODUCES NEW CERTIFICATE OF DEPOSIT
 TAMPA, Fla., June 18 /PRNewswire/ -- Glendale Federal Bank has introduced a new 21-month certificate of deposit which features an introductory interest rate of 5.20 percent with a minimum deposit of $10,000.
 The new instrument offers an attractive alternative for depositors asking for competitive returns on their money without requiring a lengthy commitment.
 "Some customers are reluctant to tie up their money in four- or five-year certificates, while others are missing out on the three- or six-month certificates," said John Wilson, Tampa regional bank manager. "The 21-month certificate offers customers a good return without forcing them to tie up their money for several years."
 The interest rate on the new certificates is locked in on the day of purchase, guaranteeing customers that rate of return throughout the 21-month term.
 Glendale Federal Bank operates 214 community banking offices in Florida, California and Washington.
 -0- 6/18/92
 /CONTACT: Lindy Polen of Glendale Federal Bank, 305-767-1477/ CO: Glendale Federal Bank ST: Florida IN: FIN SU:


MM-MC -- SF002 -- 1334 06/18/92 08:01 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 18, 1992
Words:181
Previous Article:BSD BANCORP ANNOUNCES PLANNED MERGER OF THREE BANK SUBSIDIARIES; ANTICIPATES SECOND QUARTER LOSS
Next Article:HERBALIFE INTERNATIONAL WILL OPEN NEW EASTERN EUROPEAN MARKET IN CZECHOSLOVAKIA
Topics:


Related Articles
CENTRAL FIDELITY INTRODUCES NEW CD; FOCUS 55 MONTH ONE-UP CD
GLENDALE FEDERAL BANK ANNOUNCES MORTGAGE PAYMENT INSURANCE AGAINST JOB LOSS WITH NEW MORTGAGE LOANS
GLENDALE FEDERAL BANK PICKS UP BORROWERS' TAB FOR SIX MONTHS' MORTGAGE PAYMENT INSURANCE
GLENDALE FEDERAL BANK INTRODUCES NEW CERTIFICATE OF DEPOSIT WITH INTEREST RATE LINKED TO CHANGES IN S&P 500
BARNETT AGREES TO PURCHASE FLORIDA FRANCHISE OF GLENDALE FEDERAL BANK
GLENDALE FEDERAL BANK COMPLETES ACQUISITION OF UNION FEDERAL BANK BRANCHES AND DEPOSITS
Glendale Federal Bank Shareholders Approve Formation of Holding Company
Glendale Federal Bank Brings Cash Management Abilities to Underserved Middle America with Expansion of Infinity Account

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters