Ocean Bank – 4.25% 5.40% Savings Rates

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Here is what Ocean Bank offering now. I just found them.

4.25% APY 6-Month CD

5.4% APY 9-Month CD

I think this offer is special for Orlando area.

They require a minimum deposit is $2,500. It must be transfer right away at the time opening online. They also have some exclusive, so read them carefully and/or double check with the bank to make sure. To open online, they said you need to have social security number and driver license or state id photo in order to open a CD with them. Also, you need to provide routing number to transfer the fund.

Where are they?

I just went through the list of locations on their website. They are located in Florida at the following cities.

  • Hialeah, Miami, Doral, Miami Lakes, West Miami, Opa Locka, Coral Gables, Miami Beach, Aventura, Pinecrest, Weston, Lauderdale
  • Orlando

Latest and newest branch

It seems like Orlando is their first move out of their nest south Florida, mainly surrounding Miami. If I didn’t miss the counting, Orlando is their #32 locations (Downtown Orlando Branch, 111 N Magnolia Ave., Suite 100 Orlando, Fl 32801)

7:10 A.M. You know what? I just recalled seeing their billboard on East Colonial around Sam’s Club on Goldenrod and Colonial Drive couple weeks ago. At that time, I told my niece and nephews I wonder where they are because I have never heard about them before. Now, I know. 🙂

Prepared and written by Van USA, Friday, October 6, 2023 6:35 A.M.

CD – Certificate Deposit

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