bank rates

Earn 2.4% With Wedbush’s 2-Year CDs

Wedbush Bank has begun offering some of the best 24-month CD rates in the country.

With a minimum deposit of $2,500 you can earn 2.43%. Increase your investment to $25,000 and your yield increases to 2.48%.

Wedbush Bank in Los Angeles has two of the best CD rates on 24-month certificates of deposit.The offer is available nationwide and you can apply online by clicking the “Apply Now” button on the home page.

Theses CD rates are second only to the 2.50% APY offered by Tennessee Commerce Bank in Franklin, Tenn., for a 24-month certificate of deposit with a $2,500 minimum deposit.

Wedbush just opened last year and has a single office in downtown Los Angeles. It’s owned by the same folks that run Wedbush Morgan Securities, one of the country’s largest, privately-held brokerages.

The bank has already earned four of five stars in Bankrate’s Safe & Sound rating system and of course it’s FDIC insured.

Click here to compare these rates with the best CD rates from dozens of other banks in our extensive database.

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Comments (2)
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  1. Jim Skinner said:
    on September 14th at 07:50 am

    WebBush Bank is not paying 2.48% on 24 mth CD’s as stated by your website. Don’t publish this information if it isn’t true………….

  2. DealMaven said:
    on September 14th at 10:26 am

    Wedbush Bank lowered its rate last Friday, as so many banks are doing right now. When we published the rate on Sept. 1, the 2.48% APY was available.

    The lesson here is: If you see a great rate, jump on it because there’s no telling how long it will last — unless it’s a special with a definite closing date.

    All banks publish something like this on their Web sites: “Programs (including, without limit, fees, rates and features) are subject to change without notice.” This one appears on the Wedbush site.