GMAC Bank has the best CD rates for 12 month CDs and 3 year certificates of deposit.
- 12 mo CD rates: 2.85% APY
- 3 yr CD rates: 3.00% Annual Percentage Yield
There is a five hundred dollar minimum deposit requirement and there is a penalty for early withdrawal.
GMAC Bank is the online banking division of GMAC Financial Services, an automotive lending institution.
GMACBank is FDIC insured.