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One Bank Offers Best 60-Month CD Yield

Two banks that are U.S. branches of India’s largest commercial bank, once side by side among banks offering the best nationally available returns for 60-month CDs on our CD Rates Leaderboard, have split up.

State Bank of India-New York has dropped its offer of 2.27% APY, leaving just one bank at the top with that yield: State Bank of India-Chicago.

State Bank of India-Chicago requires a minimum depost of $2,500.

Banks qualify for our rankings by imposing no restrictions on who can buy their certificates of deposit, either online or through the mail.

Compare these returns with the best CD rates from scores of banks in our extensive database.

Here are the best nationally available 60-month CDs.

Bank Yield Minimum Deposit
State Bank of India – Chicago 2.27% $2,500
State Bank of India – New York 2.14% $5,000
E-Loan 2.00% $10,000
Popular Direct 2.00% $10,000
Salem Five 2.00% $10,000
First Internet Bank of Indiana 1.92% $1,000
KS StateBank 1.90% $500
GS Bank 1.85% $500
Nordstrom Bank 1.85% $1,000
Discover Bank 1.85% $2,500
Synchrony Bank 1.85% $25,000
VirtualBank 1.81% $10,000
EverBank 1.80% $1,500
Sallie Mae Bank 1.80% $2,500
Colorado Federal Savings Bank 1.80% $5,000
One West Bank 1.80% $10,000
Barclays Bank 1.75% No minimum
Bank of Baroda 1.75% $1,000
Easthampton Savings Bank 1.75% $1,000
Live Oak Bank 1.75% $2,500
Ally Bank 1.75% $25,000
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