If you would like to lock in a competitive rate, then go with Doral Bank Direct’s CD accounts. With a low $1,000 minimum opening deposit and the wide array of terms, their CD accounts can surely fit into any financial situation.
Currently, their 36 month CD is being advertised at 1.65% APY. This rate is guaranteed for the entire CD term and the interest is compounded on a daily basis. They offer other CD terms as well, going from 6 months to 60 months. All CD accounts are FDIC insured and you are allowed to withdraw your credited interest earnings without penalty.
Terms & Conditions: APYs are accurate as 8/17/11 and subject to change without notice. Early withdrawal penalties apply. Consult with bank for the most current rates and terms.
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