It’s very rare for any six-year CD to have an annual percentage yield that’s over 2.50%. This is why Tecumseh Federal Bank’s offer is something that must not be missed. The Certificate of Deposit rate for this term length is currently at 3.03% APY. This is tempting for any depositor. The minimum deposit requirement is also very leniently set at $500. Most banks with lower annual percentage yields require at least $1,000. This is definitely one of the best CD rates in the country today. Interestingly enough, the same rate applies to the bank’s 96-month CD.

While they can still be considered some of the highest CD rates in the USA, they’re not as competitive as the 6-year CD. They do have shorter terms, though. If you’re interested, you can also look at these CD offerings:

• 1.26% APY for a 30-month CD
• 1.76% APY for a 48-month CD

Both CDs also have a $500 minimum deposit which is considered one of the lowest deposit requirements in the country. The bank accepts applications from depositors outside their market, but they do require branch visits to open an account. If you don’t mind driving to Tecumseh, Nebraska just to take advantage of these highest CD rates, you should grab the chance to do so.

Tecumseh Federal Bank is a very small financial institution with only about $46 million worth of deposits. It has been around since 1958, though, and has earned quite a high rating from DepositAccounts.com (four out of five stars). Bankrate.com has also given it a four out of five stars rating, pegging it “superior”. It is also federally insured so you can be sure your money is safe even if the bank closes. For more details, check FDIC Certificate # 30395.