bank rates

CIT, Doral Bank Boost 3-Year CD Rates

Twelve banks now offer nationally available deals on 3-year CDs that pay at least 1.30% APY.

This comes as a number of the banks we track have boosted 36-month CD rates in recent weeks. Unfortunately, there’s been no breakthrough at the top of our CD Rates Leaderboard.

CIT Bank is the latest institution to hit the 1.30% APY mark, raising its rate today from 1.27% APY. This New York-based online bank is owned by CIT Group Inc., which offers financing to small businesses and middle-market companies.

We also saw an increase from Doral Bank Direct, which raised its offer slightly to 1.21% APY from 1.20% APY. This online bank is operated by Doral Bank, the leading community bank in Puerto Rico, which also has five branches in northwest Florida and two in New York City.

There was one rate decrease this morning as Astoria Bank cut its offer from 1.25% APY to 1.05% APY and is no longer being tracked. It does offer a 42-month CD that pays 1.25% APY.

The New York-based thrift has dozens of branches in the city and surrounding counties.

We currently track nationally available rates from 23 banks, and now you can, too. Follow the daily changes to the best 36-month CD rates on our new list.

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