UFB Direct has the best CD rates for 1 year term length certificates at 1.8% annual percentage yield. That’s an interest rate of 1.78%. UFBDirect also offers customers the opportunity to earn airline miles with their Mileage Checking Account and Mileage Savings Accounts.
Provident CU has great CD interest rates for 12 month fixed term certificates of deposit. It will take one thousand dollars to open an online CD with ProvidentCU. Money invested in this C D is fully insured by the U.S. Federal Government through the National Credit Union Administration.
Provident Credit Union reserves the right to charge a penalty for early withdrawal from the CD account. They provide secure online access to account holders.
Provident CU has local branches in the San Francisco Bay Area. Here’s a list of their branches:
GMAC Bank has the best CD rates for 12 month CDs and 3 year certificates of deposit.
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.
UmbrellaBank.com has high 1 year CD rates at 3.500% APY! This means that for every $1000 that is deposited (the minimum CD deposit required by UmbrellaBank) you will earn about $35 in interest.
The fine print:
The certificate of deposit interest rate for their 1 yr CD is actually 3.440% APR but when taking the power of compounding interest into consideration the effective annual percentage yield is 3.5% so the net gain for each 1000 invested is $35.