bank rates

Presidential Lands In Top 2-Year CD Rates

Presidential Bank is making its Bankaholic debut in our rankings of the best CD rates.

It’s paying 1.75% APY with a $1,000 minimum deposit on 24-month CDs, which is currently the third-best nationally available return.The Washington-area bank is paying 1.75% APY, the third-best nationally available return on 2-year certificates of deposit.

But that’s only four-hundredths of a percentage point behind Bank of Internet’s top rate of 1.79% APY, making this a very good deal indeed.

Presidential, which has two branches in Maryland, six in Virginia and one in Washington D.C. , says it’s been opening accounts over the Internet in 1995, making it “America’s First Online Bank.”

Compare Presidential’s returns with the best CD rates from scores of other banks in our database.

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