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.

A tempting 2.60% APY long term CD is currently being offered by the 1st Commonwealth Bank of Virginia. Some depositors might be intimidated by the term length, though. The minimum deposit is $1,000 but the deposit will have to be kept in the bank for 84 months (or 7 years).

While this is one of the highest CD rates in the country today, the term is not exactly ideal. If you would like shorter terms, the financial institution also has these shorter CDs on offer. While the interest rates are lower, they can still be considered as some of the USA’s to CD rates.

• 1.40% APY for a 2-year CD
• 1.75% APY for a 3-year CD
• 2.00% APY for a 4-year CD
• 2.25% APY for a 5-year CD
• 2.40% APY for a 6-year CD

These are considerably competitive rates, especially if you take into account the low minimum deposit requirement. Most accounts could probably give you the same yields, but on average, they would require anything between $10,000 and $25,000. The penalty for early withdrawal is also very mild. Should you choose to withdraw your money before the term ends, all you have to lose is 3 months’ worth of interest. Most banks ask for a least a year’s worth of dividends.

What’s the catch, though? These rates are, unfortunately, only available in the DC area of Virginia. These are very exclusive offers, so you’re lucky if you live, worship, work, or study in the Washington DC metro. This also makes sense as the 1st Commonwealth Bank of Virginia only has one branch which is located in Arlington. You will have to visit this branch to open an account.

This is a fairly new bank which was established only in 2009. The good thing about being formed at that year is that it was able to dodge the 2008 real estate problem which brought down banks at that time. It received mixed ratings from online reviewers. DepositAccounts.com gave it four out of five stars (superior), but Bankrate.com only gave it two out of five stars (below average). Your money is pretty safe with the establishment, though, as it is a member of the FDIC, and is insured via FDIC Certificate # 58773.

Some might think that a 2.00% APY interest rate for a 5-year-CD is not impressive, but with the downward movement of CD interest rates at the opening of 2012, American Eagle Bank’s offer (Chicago only) is not bad at all. In fact, it would be good for depositors to explore this deal before the rate falls further. The minimum deposit is also very friendly. You only need to maintain $1,000 to take advantage of this high yield. Now, all you need to worry about is the long term of the CD. It is still one of the top CD rates in the country today, especially considering the low balance requirement.

There are also shorter termed CDs offered by the bank, but their yields are not as tempting. They can be considered some of the best CD rates in Chicago, but not nationwide:

• 1.50% APY for a 3-year CD
• 1.75% APY for a 4-year CD
• 2.00% APY for a 5-year CD

Both of these top CD rates have a $1,000 minimum balance requirement as well. Depositors also love the lenient early withdrawal penalty set by the bank. According to the fine print of the bank’s rate table, the penalty is only 90 days of interest for all CDs with terms adding up to more than a year.

If there’s anything depositors must be wary of, it’s the financial institution’s weak health rating. It was only given two out of five stars by DepositAccounts.com and one out of five stars from Bankrate.com. The bank is federally insured, though, so while it seems risky, you’re not throwing your money to the sharks either. To know more about the bank’s insurance, check FDIC Certificate #58514.

While a 2.10% APY 60-Month Jumbo CD might not sound that impressive, especially once you know that this rate has fallen from 2.80% APY just last month, Nutmeg State Federal Credit Union’s offer is not at all that bad. In fact, this is possibly one of the most competitive CD rates in Connecticut today. CD rates have been falling since 2012 opened, and having a five-year-CD which earns over 2.00% APY per banking cycle is rare.

The only thing which could make one think twice about opening this CD is the minimum deposit. You have to have at least $100,000 in the bank to earn this yield. If you find this too steep, you might want to try their regular 5-year share CD whose rates don’t fall too far off. You can enjoy 2.02% APY for a minimum deposit of $1,000 with this regular CD account.

Please note, though, that these Certificate of Deposit rates may change at any moment. You might want to check the credit union’s rate page before opening an account. Note, too, that because this is a credit union and not a national bank, membership is open only to those who live, worship, work, volunteer, or study in Middlesex County, Hartford County, or Tolland County in Connecticut.

To be a member, you must maintain $5 in the credit union’s savings account. Online applications are welcome. The credit union’s website actually has a database for online applications. You can rest assured that all you personal information is kept safe when you apply.

Aside from the main website, you can also contact the credit union’s hotline at 860.513.5000 if you’re in Connecticut or 800.526.6933 if you’re anywhere else in the USA. Simply talk to one of the credit union’s representatives to take advantage of the top CD rates in your area.

Because these are long term CDs, you should also look into the credit union’s penalties for early withdrawals. Usually, early withdrawals from five-year CDs mean a year’s worth of dividends. You should be especially careful with Jumbo CD accounts because keeping $100,000 in the bank for five years, even if you’re taking advantage of the best CD rates in your area, is no laughing matter.

You will be glad to know, though, that aside from competitive CD rates, the Nutmeg State Credit Union is known for its financial soundness. DepositAccounts.com gave it a five out of five star rating, placing it on top of other credit unions in Connecticut. Bankrate.com only gave the financial institution three out of five stars (Performing), although Bankrate.com is notorious for giving stringent ratings. Still, your money is relatively safe with the credit union as they are federally insured through NCUA Charter # 855.

If you’re a little wary about investing your money on a long term CD but would like to take advantage of high interest rates just the same, you might want to try mid-term CD deals instead. One CD deal, in particular, would probably spark your interest. This one is being offered by Central Bank in Tampa Florida. It has a 1.15% APY and an 18-month term. Both the interest rate and the term, in this case, is ideal. That’s a very competitive rate for a CD which runs for less than two years.

The bank’s two-year CD is not as competitive. However, it is also a good deal. Central Bank in Tampa, Florida is currently offering their 24-month CD with a 1.25% APY. If you can extend your investment for six more months, and you would like to take advantage of the added 0.10% yield, go ahead and choose this one Instead.

The minimum deposit for both CD deals is a bit steep. You will need $2,500 to continue enjoying these interest rates. CD interest rates have also been falling since December 2011, so it will do you good to take advantage of these still fairly decent Certificate of Deposit rates before they take a dive again. These rates change without so much as an announcement, so check the bank’s rate page first before applying for a CD. The rates mentioned here might no longer apply in a few days.

Also look into the bank’s early withdrawal penalty. Of course, 18 to 24 months is a short time to wait for the country’s best CD rates, but emergencies do happen. Find out how much they’re taking away from your earnings. It is standard for most banks to take away at least six months’ worth of dividends for CDs with these term Lengths.

While there is no limitation indicated on the website regarding who can open these accounts, a branch visit is necessary, so it is understood that the offer is targeted to people who live in Tampa, Florida. This is an intimate, one-branch bank which has a fairly decent health rating.

Over the years, it has improved in terms of financial soundness and is rated by DepositAccounts.com with five out of five stars. Bankrate.com has garnered it four out of five stars (sound). This is impressive for a fairly new bank. It has only been an FDIC member since 2007. Just the same, you can enjoy the fact that it has federal insurance under FDIC Certificate # 58377.

While a 1.08% APY for a short term CD might not exactly impress you, it is considered one of the best CD rates from internet banks in the country. It’s true that the rate was more impressive when it was first promoted by CIT Bank, but a 1.08% annual percentage yield is still very competitive. What would draw in depositors to this CD deal, though, are the add-on and bump-up features. Very few short term CDs with relatively high interest rates offer the same bonus features.

How do the add-on and bump-up features work? Anytime within the term, you could deposit money into your account to take advantage of the high locked-in rate. Some banks offer rates which are just as high, but they won’t allow for more deposits. CIT Bank also just recently added one more short term CD which could be considered one of the highest CD rates of this range in the country. The bank’s 2-year CD earns as much as 1.26% APY. It has the same minimum deposit requirement of $25,000 which is not at all steep considering the high rate. Before your first term ends, you can use the bump up option and take advantage of the significantly higher rate offered by the longer termed CD.

If you take advantage of the 1.25% 2-year CD offer, you can lock down that high rate even if the economy suffers in the future. The rates are continuously falling, and if the predictions are correct, even the top CD rates in the country today for the same term length won’t amount to more than 1.00% APY. You should also know that the CIT Bank is comparatively lenient with early withdrawals. For CDs with terms of a year or less, they only penalize their clients with three months’ worth of dividends. CDs with terms running for more than a year have a penalty that only amounts to six months’ worth of dividends. This is not a bad deal at all considering the high rate. Usually, high CD rates are offset by stringent terms and penalties.

CIT Bank should not be confused with Citi Bank which is owned by Citi Groups. CIT Bank shares the same solid reputation, though, when it comes to financial stability. DepositAccounts.com has rates it as “excellent”, giving it five out of five stars. Bankrate.com which is usually stringent with their ratings gave the bank four out of five stars. CIT Bank was only established in the year 2000, and these are impressive ratings for such a young bank. Your money is safe here thanks to the bank’s federal insurance under FDIC Certificate # 35575.

Citizen State Bank, South of Dallas is offering a competitive CD rate at 2.11% APY. This particular CD is probably one of the top CD rates available in the country. One must also note that this is a long term CD (48 months or four years in total) and could intimidate depositors who are looking to get high yields on a shorter amount of time.

Like many CD rates in the past week, it dropped by a few notches but is still quite competitive. There are also other CDs on offer by the branch with lower but equally competitive rates and shorter terms:

• 0.82% APY for a 3 month CD
• 1.02% APY for a 6 month CD
• 1.17% APY for a 12 month CD
• 1.35% APY for a 18 month CD
• 1.45% APY for a 24 month CD
• 1.66% APY for a 36 month CD
• 2.11% APY for a 60 month CD

If there’s a weak point in these offers, it’s the minimum deposit requirement. Most banks can offer rates close to the ones on offer here for a $500 minimum deposit. All of these certificate of deposit rates ask for a minimum deposit of $1000. This can be steep for some prospective depositors. If you like putting most of you money where it’s sure to grow, though, this bank is a good place to invest in. Comparatively speaking, the short term CD rates from this bank are higher compared to other internet bank offers. The financial soundness of the bank is also not in question so you would not have to worry about investing your money in an institution that’s about to close down.

These CD offers are available nationally however, a branch visit is necessary to open your first account. If you already have an account with them and would like to open another one for the sake of taking advantage of one of the best CD rates in the country, you may open the new account through mail.

The Citizen State Bank, South of Dallas, is very close to the Dallas/Fort Worth. They accept deposits from these neighboring towns. You can find branches of the bank in Hubbard, Centerville, Itasca, Whitney, and Buffalo. It is one of the most respected banks in Texas, with a 2.67% (excellent) Texas client Ratio as surveyed by DepositAccounts.com. It has been around since 1934, and a bank with that much longevity can certainly be called a strong player in this field.

Bankrate.com has given the Citizen State Bank a rating of four stars (out of five stars) which tags it as “sound”. DepositAccounts.com has rated the bank as “excellent” with five (out of five) stars. It is easy to interact with representatives of this bank. You can walk in for a branch visit, or call their main branch at (903) 322-4256. These rates do tend to change often, so check the banks website for an update on their rate schedules. Citizen State Bank can assure that your money is safe with them because they are federally insured through FDIC Certificate # 12501.

Western Heritage Bank provides a competitive interest rate for their small term and long term certificates of deposit. The bank has the following current CD rates:

• 3 months        0.25% APY
• 6 months        0.40% APY
• 12 months      1.65% APY
• 24 months      1.75% APY
• 36 months      2.00% APY
• 48 months      2.50% APY
• 60 months      2.75% APY

These annual percentage yields were posted in 3 October 2011 so better check with the bank if this has been updated. You can take advantage of this money in the bank deal when you deposit a minimum of $1,000 to open an account. Please remember that once your certificate of deposit account is established, you are no longer allowed to make additional deposits. The bank also charges a penalty when you make a withdrawal before the maturity date. The amount of penalty will depend on the term of your CD account.

The dividends earned are compounded daily and credited monthly or quarterly. These certificates of deposit automatically renews once they mature. You will receive a letter at least a month before the maturity date and to inform you about the given grace period for you to make changes on to your account without getting any penalties. Please note that the interest rate may change after opening of your CD account. Fees may also reduce the earnings.

The bank also allows you to monitor your account using their online banking. You can pay your bills, make transfers and view your statement online for free. If you do not have a computer, you can call the bank’s 24/7 customer service line to make inquiries and check the activities of your certificate of deposit account.

You are required to visit one of Western Heritage Bank’s branches located in the cities of Las Cruces and Deming in the state of New Mexico. Make sure to bring valid picture identification or identifying documents with your current address and phone number on it. If you still have questions or concerns you may call the bank at 575-541-0058.

Western Heritage Bank has been in business since 2000. The bank is also a member of the Federal Deposit Insurance Corporation with certificate number 35492.

Cecil Bank invites consumers to take advantage of their certificate of deposit which has a very competitive interest rates. The bank has the following current CD rates:

• 3 months        0.35% APY
• 6 months        0.50% APY
• 9 months        0.60% APY
• 12 months      0.75% APY
• 18 months      1.10% APY
• 24 months      1.25% APY
• 30 months      1.50% APY
• 60 months      2.15% APY

This money in the bank deal requires you to deposit a minimum of $500 to open an account. Please do remember that once you have established your certificate of deposit account, you will no longer be able to make additional deposits. The dividends are compounded daily and paid monthly. The interest earned on your CD account maybe transferred to your other account, reinvested on your certificate of deposit, or paid in check depending on your choice.

The bank also charges a penalty on your certificate of deposit account when you withdraw funds before the maturity date. The amount of penalty will depend on the term of your CD account. Once you account reaches it’s maturity, you will be given a grace period to make changes on your account like terms, deposits, or withdrawal of funds without being charged with any penalty. After this, the account will automatically renew. Please note that the interest rate of this top CD account may change anytime without prior notice.

Individuals who want to take advantage of this highest CD rates may visit one of the banks branch to open an account. Cecil Bank offices are located in Maryland state in the cities of Rising Sun, Havre de Grace, Conowingo, Aberdeen, Cecilton, North East, and Elkton. If you still have questions with regard to their certificate of deposit account, current interest rates, or requirement please do not hesitate to contact their customer service line at 410-398-1650.

Cecil Bank has been serving individuals and businesses with their financial needs since 1959. The bank is also a member of the Federal Deposit Insurance Corporation and has a certificate number 31121.

Goldwater Bank continues to offer competitive interest rates for their certificates of deposit. The bank has the following current CD rates to offer:

• 6 months        0.98% APY
• 12 months      1.11% APY
• 15 months      1.16% APY
• 18 months      1.21% APY
• 24 months      1.32% APY
• 36 months      1.52% APY
• 60 months      2.01% APY

In order for you to earn these highest CD rates you need to make an initial deposit of $5,000 to open an account. This best certificate of deposit account does not allow you to make additional deposits until it reaches its maturity. A penalty may be imposed against your certificate of deposit account if you will make an early withdrawal. The amount of penalty will be determined based on your CD terms.

Your certificate of deposit account will automatically renew once it matures. A written notice will be mailed to you a few weeks before the maturity date and you will be given a grace period to decide what to do on to your CD account. You may deposit additional funds, change the CD terms, or withdraw your money. Whether you decide to keep the account or terminate it as long as it was made within the given grace period you will not receive any penalties.

The bank gives you access to your CD account anytime by simply subscribing to online banking. You can make bill payments, review your statement, or even make deposits to your other account. Aside from this, you can also use their phone banking system to check for your account information or talk to one of their representatives for your other concerns with regard to your account. Please do remember that once your CD account is opened the interest rate may change, so make sure to ask for the latest CD rates.

Individuals who want to take advantage of this top CD rates may visit one of the bank’s branch to open an account. Goldwater Bank is headquartered in Scottsdale, Arizona. Make sure to bring cash or check which will be used to fund your new CD account, and also bring a copy of your valid picture ID with your current address on it. The bank will use you ID for verification. For additional information about this best CD rates and requirements to open an account, please call customer service line at 480-281-8200 or 866-656-4653.

Goldwater Bank was opened to provide the financial needs of their customers in 2007. The bank is an FDIC insured and has a certificate number 58405.

EBSB Direct still continues to provide competitive interest rates for their mid- term certificates of deposit. The bank has the following current CD rates to offer:

• 10 months      0.55% APY
• 36 months      1.80% APY

You can earn these best CD rates when you make an initial deposit of at least $1,000 to open an account. Once you have established your certificate of deposit account, you will no longer be allowed to make a deposit. The bank also charges a penalty on to your account whenever you withdrawals before the maturity date. The early withdrawal penalty of this certificate of deposit account with the term of more than 12 months will be equivalent to 6 months worth of interest.

The bank automatically renews your certificate of deposit account once it matures. You can make changes on your account like the terms, deposit funds, or even withdraw your money before the end of the grace period given to you to avoid penalty on your CD account. Please be reminded that the interest rate may change any time upon the banks discretion, you may want to ask them for their latest CD rates before opening an account.

This certificate of deposit account also has benefits that you can take advantage of like free online banking with bill pay, free electronic bank statement, and an insurance coverage of up to $250,000 with the Federal Deposit Insurance Corporation.

You may complete the online application to open an account. You need to submit proper documentation with your current address on it like driver’s license, passport, social security card, or state issued ID. You also need to write a check which will be use to fund your new certificate of deposit account. Another option is to visit the bank’s office which is located in Peabody, Massachusetts.

EBSB Direct was federally chartered in 1991. They have already reached over $1.9 billion in declared assets. The bank has an FDIC certificate number 33510.

Space Coast Credit Union offers competitive interest rates with their mid- term and long term certificates of deposit. The credit union has the following interest rates for their CD account:

• 24 months      0.90% APY
• 30 months      1.20% APY
• 36 months      1.35% APY
• 42 months      1.40% APY
• 48 months      1.50% APY
• 54 months      2.00% APY
• 60 months      2.15% APY

The credit union offers a wide range of CD account terms beginning with 6 months to 60 months term. You can earn these top certificate of deposit rates when you deposit a minimum of $500 to open an account. You must maintain an average daily balance of $500 or more in order to earn this highest CD rates. Once your certificate of deposit account is established, you will no longer be allowed to make any deposits until the maturity date.

A penalty may be imposed on your certificate of deposit account when you withdraw funds before the maturity date. The early withdrawal penalty for certificate of deposit account with less than 12 months term is equal to 90 days of interest, for 12 to 24 months CD terms the penalty is equal to 180 days of interest, for 30 to 36 months CD terms the penalty is equal to 365 days of interest, and for 42 to 60 months CD terms the penalty is equivalent to 730 days worth of interest.

Your certificate of deposit account will automatically renew upon maturity. You will be given a grace period of 10 calendar days to make changes on the terms, deposit, or withdraw your money from your CD account without being charge of any penalty. Take note that the CD rates are subject to change without prior notice.

The credit union also offers a bonus rate on your certificate of deposit account when you participate at the Gold or Platinum Member Rewards. The bonus rates for Gold members is 0.05% APY or 5 Basis Points, for Platinum members the bonus interest rate is 0.10% APY or 10 Basis Points. You may visit the credit union’s website or call them to get more information about their Member Rewards.

Space Coast Credit Union membership is open to anyone who resides or work in the counties of Volusia, St. Lucie, St. Johns, Seminole, Pinellas, Palm Beach, Osceola, Orange, Nassau, Monroe, Miami-Dade, Martin, Indian River, Hillsborough, Flagler, Duval, Clay, Broward, and Brevard in the state of Florida.

There are two ways to apply for membership and open an account. First option is to contact the credit union’s Express Services and the second option is to apply online. You will be required to pay $5 for their one time membership fee, you need to deposit a minimum of $10 on your savings account, and you are also required to open a checking account with a minimum opening balance of $25. Please remember to enroll to online banking, for you to be able to take full advantage of the credit unions services.

The credit union has over 60 branches in the state of Florida that you can visit, you may check the listings of their address on their website.

Space Coast Credit Union has been serving its members with their financial needs since 1951. Currently, they are considered to be one of the largest credit union in the nation and has reached 370,954 members with over $3.1 billion in declared assets. The credit union is registered under NCUA with charter number 67297.

Atkins Savings Bank and Trust continues to provide attractive interest rates for their certificates of deposit. This best CD account has the following current interest rates:

• 6 months        1.00% APY
• 12 months      1.26% APY
• 18 months      1.51% APY
• 24 months      1.76% APY
• 36 months      2.02% APY
• 60 months      2.53% APY

You need to make an initial deposit of at least $1,000 to open an account. This money in the bank deal may impose a penalty when you withdraw funds from your account before the maturity date. The dividends paid may be transferred to your checking account, savings account, or even added to your certificate of deposit account. You may also request the bank to write a check for your dividends and just mail the proceeds to you.

This top certificate of deposit account is renewable. Weeks before the account matures, you will receive a notification from the bank. During the grace period given to you, you can make changes on your terms or withdraw money from your account without receiving any penalty. Please be reminded that the interest rate for this certificate of deposit account may change anytime without prior notice.

It seems that a branch visit is required in order to open an account. Atkins Savings Bank and Trust is headquartered in Atkins, Iowa. Please also remember to bring identification documents like passport, social security card, or driver’s license. You may also want to call the bank first before visiting their office if you still have questions with regard to their certificate of deposit account at 319-446-7700.

Atkins Savings Bank and Trust is a local bank serving the residents of Atkins and their surrounding agricultural community since 1915. They have already grown to have over $65 million in assets. The bank is federally insured by the FDIC and has a certificate number 9096.

Carmine State Bank is pushing for their certificates of deposit which provide competitive interest rates with their short term and mid-term CD. This money in the bank deal has the following current interest rates for their certificate of deposit account:

• 31 days          0.50% APY
• 182 days        0.65% APY
• 12 months        1.36% APY
• 18 months        1.00% APY
• 30 months        1.11% APY

These certificates of deposit account will require you to deposit a minimum of $500 to open an account. The interest rate of this best CD account is compounded and paid monthly. You may choose to have your dividends deposited on to your savings account or checking account. You may also want the dividends written in a check and mailed to you.

If you decide to withdraw money out of your certificate of deposit account before the maturity date, the bank will charge you an early withdrawal penalty. The bank also renews your CD account once it matures. You will be notified by the bank and you will be given enough time to make changes on your account or withdraw funds without any penalties charge on to your account. Take note that the interest rate may change once the account is opened, so I advise that you contact the bank and get their latest CD rates.

You can easily monitor your account using their free online banking and even pay your bill. You can also view your account activities and view your monthly statement by subscribing to electronic bank statement. In addition, you can also contact the banks 24/7 customer service to assist you with your concerns.

The bank will require you to visit their office to open an account. Carmine State Bank is headquartered in Carmine, Texas. You need to bring a valid picture identification like driver’s license, social security card, or state issued ID. You may also bring other acceptable forms of address verification like utility bills, credit card bills, or rental or lease agreement. If you still have questions or concerns with regard to their certificate of deposit account or current interest rates you may call customer service at 800-720-1441 or 877-276-5554.

Carmine State Bank has been providing financial services to its customers since 1907. They have already grown to have over $56 million in declared assets. The bank is also insured by the Federal Deposit Insurance Corporation and has a certificate number 19278.

Embarcadero Bank is still offering competitive interest rates on their short term and mid-term certificates of deposit. This money in the bank deal is tiered and has the following current CD rates:

$0.01 to $99,999

• 18 months      1.15% APY
• 24 months      1.20% APY

$25,000 to $49,999

• 6 months        0.45% APY
• 9 months        0.50% APY
• 12 months      0.65% APY

$50,000 to $99,999

• 6 months        0.45% APY
• 9 months        0.50% APY
• 12 months      1.00% APY
• 18 months      1.15% APY
• 24 months      1.20% APY

You can start enjoying this highest CD rates when you make an initial deposit of $2,500 to open an account. Just like any other certificate of deposit account there will be penalty imposed on your account if you make an early withdrawal. The earnings of these CD account is credited on to your account every month. You may also want to request to deposit the interest on your other Embarcadero account like checking account or savings account. Another option is to have a check sent to you by mail.

The CD account also renews once it matures, but you do not have to worry since you will be receiving a notification by the bank before the account matures. You will be given enough time to decide if you still want to renew your account. If you decide to just withdraw your money then you have to do it within the grace period given to you to avoid penalty. Take note that once you open this best CD account the interest rate may change so make sure to call the bank to get to most current CD rates.

It seems that a branch visit is needed in order for you to open an account. You will be required to bring identification documents like social security card, passport, driver’s license, or other state issued ID. Embarcadero Bank has 1 branch and it is located in 110 West A St. Suite 1000 San Diego, California 92101. If you still have questions with regard to their certificate of deposit account and current interest rates you may call their customer service line at 619-814-1740 before you visit their office.

Embarcadero Bank began operating its business on December 18, 2006. It is a small bank which has $82 million in assets. The bank is also insured with FDIC and has a certificate number 58291.

Peoples Federal Savings Bank provides competitive interest rate on their short term and mid-term certificate of deposit. This best CD account has the following current interest rates:

• 5 months           0.75% APY
• 6 months           0.80% APY
• 12 months         1.20% APY
• 18 months         1.50% APY

You can earn this top CD rates when you open an account and deposit a minimum of $1,000. This money in the bank deal does not allow you to withdraw funds before the maturity date. In case you made a withdrawal the early withdrawal penalties are as follows: for less than 1 year CD term the penalty is equal to 90 days of interest, and for 1 year or more CD terms the penalty is equal to 180 days of interest. The early withdrawal penalty will take effect immediately on to your account.

This certificate of deposit account will automatically renew at maturity. You will have a grace period of 7 days after maturity to withdraw your money without penalty. You may prevent the account from renewing if you withdraw all your money within the grace period given to you. You will receive a written notice mailed to you before the start of the grace period.

The dividends of your certificate of deposit account is compounded and credit every month. You may request to have it added on your CD account or deposit it on your savings account or checking account. Another option is to request for a check and mailed it to you. Please also remember that the interest rates of these certificates of deposit account are subject to change anytime without notice.

You may complete the application online to start earning these highest CD rates. Take note that this offer is only available to the residents of Massachusetts. If you have additional questions with regard to their certificate of deposit account or other products you may call their customer service line at 617-254-0707. You can also drop by to one of their offices which are located in the cities of West Roxbury, Allston, Brokline, Brighton, Norwood, and Jamaica Plain in the state of Massachusetts.

Peoples Federal Savings Bank has been providing a wide variety of deposit accounts to their customers since 1888. Currently, they have over $538 million in declared assets. The bank is also a member of the Federal Deposit Insurance Corporation with certificate number 29861.

Washington Federal Savings invites consumers to take advantage of their certificate of deposit account which has very competitive interest rates. The following are the bank’s current CD rates:

$1,000 to $89,999

• 6 to 11 months          0.35% APY
• 12 to 17 months        0.50% APY
• 18 to 23 months        0.75% APY
• 24 to 35 months        1.00% APY
• 36 to 47 months        1.50% APY
• 48 to 59 months        1.75% APY
• 60 months                 2.25% APY

$90,000 to $250,000

• 6 to 11 months          0.40% APY
• 12 to 17 months        0.55% APY
• 18 to 23 months        0.80% APY
• 24 to 35 months        1.05% APY
• 36 to 47 months        1.55% APY
• 48 to 59 months        1.80% APY
• 60 months                 2.30% APY

You start earning these highest CD rates when you open an account and deposit a minimum of $1,000. This balance must also be maintained or at least have a higher balance to earn this best interest rates. If you decide to withdraw funds out of your CD account before the maturity date, expect that there will be a penalty applied on to your account.

This money in the bank deal also has the following benefits that you can enjoy like monitoring your account any time you want and even make bill payments through telephone banking or online banking. You also get to have free electronic bank statement. These certificate of deposit account will automatically renew once it matures and you will be given a grace period to think about if you still want to renew your account or just withdraw your money without any penalty. Take note that the current CD rates is subject to change without prior notice.

You need to visit one of the banks branch and complete their application to open an account and do not forget to bring a xerox copy of your valid picture ID since the bank will be requesting for it. Washington Federal Savings is located in the state of Washington, Utah, Texas, Oregon, Nevada, New Mexico, Idaho, and Arizona.

Washington Federal Savings was established in 1917. The bank is also a member of FDIC which has a certificate number of 28088.

United Central Bank provides attractive interest rates with their short term and long term certificates of deposit. The bank has the following best CD rates:

• 3 months          0.25% APY
• 6 months          0.40% APY
• 12 months        1.00% APY
• 18 months        1.26% APY
• 24 months        1.31% APY
• 36 months        1.46% APY
• 48 months        1.66% APY
• 60 months        2.02% APY

These top CD rates can be earned when you make an initial deposit of $1,000 to open an account. The dividends are compounded and credited every month. You may choose to have your dividends deposited to your savings account, money market account, checking account, or just receive through mail. Another option is to have it added on your certificate of deposit account and just withdraw it on the maturity date.

The bank may impose a penalty when you withdraw money from your account before the maturity date. This best certificate of deposit account automatically renews once the account matures. You will be given a time to decide if you will still renew the account or just withdraw your money without getting any penalties. Please note that the current interest rate is subject to change anytime without prior notice.

The bank allows you to access your account anytime through phone banking or online banking. You can even pay your bills online and view your electronic bank statement. In addition, the bank also offers their Super Saver Installment CD. This account allows you to make auto-transfer from your checking account. It also has 12, 24, 36, and 60 month installment CD’s available. The earnings of this best CD account is compounded and paid monthly. Penalty also applies if you make an early withdrawal from your account.

For additional information about their CD account, you may call customer service at 800-787-0755. A branch visit is required when you open your new certificate of deposit account. Do not forget to bring valid picture ID’s since the bank will be requesting for it. United Central Bank has branches in the state of Virginia, Texas, New York, New Jersey, Maryland, Illinois, Georgia, and California.

United Central Bank has been providing a wide range of deposit accounts that you can choose from that will fit your need. They have been in business since 1984. the bank has grown to have $2.57 billion in declared assets and also insured with the FDIC with certificate number 25330.

Pentagon Federal Credit Union still provides attractive interest rates on their certificate of deposit account called Money Market Certificate. The credit union has the following best CD rates:

• 6 months         0.50% APY
• 1 year              0.99% APY
• 2 years            1.25% APY
• 3 years            1.50% APY
• 4 years            2.00% APY
• 5 years            2.25% APY
• 7 years            2.75% APY

This money in the bank deal requires a minimum deposit of $1,000 to open an account. The dividends of this best CD account are compounded and paid every month. You are also given 3 options to receive your dividends, and these are are the following options:

• have your dividends added on to your certificate of deposit account
• transfer the dividends to your Pentagon Federal Savings account, Checking account, or Money Market Account
• have the credit union send it you by mail as check

Penalties are also imposed if early withdrawal is made from your certificate of deposit account. For a 6 month term CD the penalty is equivalent to 90 days of interest. For 1 year to 4 years CD term the penalty is equivalent to 180 days of interest. Finally, for 5 and 7 years CD term the penalties are equivalent to 365 days worth of interest.

Your certificate of deposit account will automatically renew once it matures unless you change your options through online banking. You can also write or call the credit union to inform them if you want to renew your account or withdraw your deposits on your certificate of deposit without penalty.

Membership with Pentagon Federal Credit Union is open to individuals who are members of the United States Army, Air Force, Coast Guard, Department of Defense, Department of Homeland Security, defense related companies, and Veterans of Foreign Wars. Individuals who are not relatives or employer affiliated to the mentioned defense related agencies can join the National Military Family Association (NMFA). You can sign up with NMFA and Pentagon Federal Credit Union online. The NMFA has an annual membership fee of $20 which you need to pay to stay as a member with them at the same time as a member of the credit union. You can also be eligible to join the credit union if you are an employee or volunteer of the American Red Cross.

You can also visit the credit union’s office which is located in the state of New Jersey, Maryland, Washington DC, Virginia, New York, Colorado, North Carolina, Missouri, and Texas. They also have office in Puerto Rico and Hawaii. If you have questions or concerns with regard with their certificate of deposit account, current interest rates, or membership eligibility you may call customer service at 800-247-5626.

Pentagon Federal Credit Union was federally chartered in 1935. They are considered as one of the largest credit union in the nation with about 900,000 and with over $13.4 billion in assets. The credit union is also covered by the National Credit Union Association with charter number 227.

AloStar Bank of Commerce offers a money in the bank opportunity with their certificate of deposit account which has a competitive interest rates on their short term and mid-term CD’s. The following are the list of the banks current CD rates:

• 30 days               0.26% APY
• 90 days               0.76% APY
• 6 months            1.05% APY
• 9 months            1.03% APY
• 12 months          1.21% APY
• 24 months          1.37% APY

You can earn these highest CD rates when you open an account now and deposit a minimum of $1,000. Please remember that you must have a balance of $1,000 or higher to earn the best interest rates. The earnings of these best certificates of deposit account are compounded daily. The interest earned for a certificate of deposit with a term of 12 months or less is paid on the maturity while the CD’s with more than 12 months term is paid annually. Take note that these certificates of deposit account automatically renews once it matures.

Like other CD accounts, you will receive a penalty when you make a withdrawal before the maturity date. You will also be required to send a written authorization via mail or fax to close your certificate of deposit account. There are 2 ways to receive the funds either through mailed check or wire transfer which has a charge of $20. The current CD rates listed above is accurate as of September 15, 2011 and are subject to change anytime without prior notice.

If you want to open an account, you need to visit the bank’s website and complete their online application. The bank will first review the application. Then you will receive an email with confirmation number if you are approve. You need to mail a check which will be deposited to your new CD account. If you need assistance in opening an account or if you have questions please call customer service line at 877-838-6391.

AloStar Bank of Commerce was established in 2011. They are headquartered in Birmingham, Alabama. The bank is also a member of FDIC with certificate number 59060.