The 3.00% APY offered by First Trade Union Bank in Boston vaults it to the top of our rankings of the best 36-month CD rates.
It can be purchased as an IRA CD, the minimum deposit is only $500, and you can open an account online.
Frontier Bank, with 38 locations in Washington and four in Oregon, also offers a 3.00% APY on a 36-month CD.
But you need a minimum deposit of $50,000 to earn that yield. (You can get a 2.90% APY for a $25,000 deposit.)
newdominionDIRECT had the best nationally-available rate of 3.01% until the Charlotte, N.C.-based online bank reduced its return to 2.76% APY.
All of those rates are more than a point higher than the national average for 36-month CDs, which has declined to 1.71% APY, the lowest since Bankrate began tracking those rates in August 2000.
It was two years ago this month that CD rates began trending downward, with the three-year yield now more than two percentage points lower than the August 2007 average of 3.81 APY%.
Click here to compare First Trade Union’s offer with the best CD rates from dozens of other banks in our extensive database.
(4 votes, average: 4.50 out of 5)
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