bank rates

Three Banks Now Offer Top 2-Year CDs

NexBank raised the return on its 24-month CDs to 1.35% APY today, tying it with two other banks for the best nationally available deal on our CD Rates Leaderboard.

The regional Texas bank with a single office in Dallas requires a $10,000 minimum deposit and had been paying 1.25% on its 2-year certificates of deposit since July.

For the last six weeks, CIT Bank and Synchrony Bank have been sharing the top spot at 1.35% APY, except for one day in February when Nationwide also offered the lead rate.

NexBank also boosted the yields on its 6-month CDs to 0.65% APY, and its 12-month CDs to 1.10% APY.

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