Wilshire Bank, member of FDIC, is offering 5.12% APY for their installment savings program. Rainbow Savings Plan is an installment savings program designed specially for planned savers like you. The plan will allow you to set aside a fixed amount each month to accumulate into a meaningful sum that can be used for business, investments, college tuition, vacation expenses, wedding preparation, or to a retirement fund.
1 Year Installment Savings Plan is 4.60% APY
2 Year Installment Savings Plan is 4.86% APY
3 Year Installment Saving Plan is 5.12% APY
One installment payment must be deposited into account on a monthly basis based on the installment contract with the bank. Any delays in monthly deposits past the deposit cycle date will reduce both the interest and the maturity withdrawal amount.
