National Bank of Kansas City 5.50% APY on all CD terms

National Bank of Kansas City (FDIC# 35014) has increased their certificate of deposit rates to 5.35% with an annual percentage yield (APY) of 5.50% on all terms from 90 days to 5 years. In addition, if you open an IRA account at this bank you can receive the 5.35% rate and 5.50% APY for all terms from 6 months to 5 years.

National Bank of Kansas City is relatively small bank based out of Kansas City with over $300 million in deposits and 6 branch offices. The bank is active in the mortgage lending business, but the increase in deposit rates may or may not be related to their mortgage business.

Investors interested in opening a CD can apply online or call (913) 341-1144.