bank rates

Corus Bank 2.20% 6-month CD

If you want a short-term certificate of deposit, in the hope that interest rates will begin rising by the end of the year, here’s a good choice.

Corus Bank in Chicago has the best deal on a 6-month CD that’s available nationwide — 2.20% with a $10,000 minimum deposit.

That’s more than twice the national average for 6-month CDs, which hit a five-year low this week of just 0.96% APY.

Several banks are offering rates that are nearly as good as Corus, but with much lower minimum deposits.

You can find and compare those deals in our extensive database of the best CD rates.

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