bank rates

Texas Deal: 1.20% On 10-Month CDs

As we continue to wait for the Federal Reserve to start pushing interest rates higher, attractive short-term CDs are among our favorite finds.

Like this one, for example, from Synergy Bank: 1.20% APY on a 10-month CD.

The yield from this McKinney, Texas-based bank slots nicely between the top nationally available 6- and 12-month returns on our CD Rates Leaderboard.

Or search Bankrate’s extensive database of the best CD rates from around the country, and you’ll see that Synergy’s rate is hard to beat in this term.

Serving north and central Texas, Synergy’s certificates of deposit must be bought at its five branches in Fort Worth, Garland, McKinney, Waco and Denton.

A minimum deposit of $5,000 in new money is required.

For more than a hundred additional deals like this one, check out our constantly updated roundup of all the top-paying CDs from credit unions and community banks around the country.

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