Nexity Bank is making a fresh start with some of the best CD rates in the country.
That’s unusual for a bank that’s been seized and sold by the Federal Deposit Insurance Corp.
Most new owners want to cut the interest rates savers are being paid.

But Nexity’s new leaders want to grow the online bank based in [...]

California First National Bank, more commonly known as CalFirst Bank, is headquartered in Irvine, Calif.
But you won’t find any CalFirst branches there, or anywhere else for that matter. It’s strictly an online bank, with all transactions handled by phone or through its website.

Savers like CalFirst because of the above-average returns it offers on money market [...]

Aurora Bank is based in Wilmington, Del., with a single branch in Jersey City, N.J.
Savers like Aurora because it often offers above-average returns on certificates of deposit with terms ranging from 6 months to 5 years and a $1,000 minimum deposit.
Click here to see Aurora’s latest CD rates.
You can apply for accounts online from anywhere [...]

Founded in 1855, Salem Five Cents Savings Bank is headquartered in Salem, Mass., just north of Boston.
The unusual name comes from the bank’s earliest days, when it was known as the Nickel Bank because it took five-cent deposits.

Salem Five currently offers a wide array of consumer and business loans, deposit accounts and insurance policies.
Its rates [...]

Colorado Federal Savings Bank is an FDIC-insured online bank based in Greenwood Village, Colo.
It’s a pretty simple operation that offers certificates of deposit and savings accounts along with fixed- and variable-rate mortgages.
It operates with fewer than 30 employees serving 185,000 deposit accounts that hold just under $600 million.
It usually offers competitive returns on CDs ranging [...]

Melrose Credit Union consistently offers some of the top nationally available CD rates.
Click here to see its latest rate sheet.
Melrose can do that because it’s developed a lucrative business putting those deposits to work financing New York cabs.
Not the actual cars, but the municipal licenses that those taxis must have to pick passengers up on [...]

Bank of Internet USA is a fully insured, publicly traded online bank.
It offers a full line of consumer products, including checking and savings accounts, exclusively over the Internet.
It has no bricks-and-mortar branches and fewer than 100 employees working out of a single office in San Diego.
Bank of Internet USA says that by keeping its operating [...]