bank rates

Legacy Bank’s 25-Month CD Pays 2.90%

A one-branch bank in Milwaukee has one of the best odd-term CD rates we’ve seen in a long time.

A one-branch bank in Milwaukee has one of the best CD rateswe've seen in a long time.

Legacy Bank is paying 2.90% APY on a 25-month CD with a $2,500 minimum deposit.

That’s more than the 2.75% APY you can earn with the top-paying 36-month certificate of deposit.

It’s way more than the 2.25% APY the best 24-month CD is offering.

The offer is available nationwide, applications are taken online, and the early withdrawal penalty is fairly typical — 6 months worth of interest.

This is a small bank, so we don’t expect this deal to last very long.

One interesting note about Legacy’s owner: Legacy Bancorp says it’s the only bank holding company in the nation organized by African-American women.

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Comments (2)
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  1. Bob said:
    on April 7th at 08:48 am

    The advertisement in the local paper says that this rate is guaranteed for only the first 90 days

  2. DealMaven said:
    on April 8th at 09:33 am

    This offer will be ending on Friday, April 9, and is now limited to residents of Wisconsin.

    We knew it was too good to last!