Pacific Mercantile Bank CD Rates

Pacific Mercantile Bank is offering some of the highest CD rates available these days. The bank’s best CD deals are with 12 month certificate of deposits and 18 month certificate of deposit rates.

The current 12 month CD rate is 1.99 percent with an annual percentage yield of 2.o1 percent. This CD rate and CD yield is a lot higher than the current national average certificate of deposit rates of 1.12% APY for a 12 months CD and 1.29% APY for an 18 months certificate of deposit.

Pacific Mercantile Bank is also currently offering the following certificate of deposit rates and yields.

3 Month CD Rate 1.20% – APY- 1.21%
6 Month CD Rate 1.51% – APY 1.52%
24 Month CD Rate 2.12% – APY 2.14%
36 Month CD Rate 2.12% – APY 2.14%
60 Month CD Rate 2.12% – APY 2.14%

Pacific Mercantile Bank is headquartered in Costa Mesa, CA and has several bank branches in California. Deposit accounts are insured by the Federal Deposit Insurance Corporation (FDIC). The Bank’s FDIC Cert number is 34950.

Pacific Mercantile Bank CD Rates