Tag: flex cd
Highest CD Rates 5.65% APY 12Month Flex CD from Merchants Bank of Indiana
Merchants Bank of Indiana is one of few companies offering a flexible rate certificate of deposit (CD). How does a flex rate CD work? The company uses the prime rate minus 2.75%. At the time of this writing, 7/25/2023 this rate is now 5.65%. As the prime rate changes, this rate can go up or…