Of the longer terms on our CD Rates Leaderboard, the 36-month is the least attractive.
Its lead rate of 1.40% APY is just a tenth of a percentage point higher than the top 24-month CD rate, and more than six-tenths lower than the top 60-month CD rate.
And that 1.40% APY, from NexBank (www.nexbank.com), has been at the top since November.
The division of NexBank Capital Inc., which has two branches in Texas, requires a $10,000 minimum deposit.
Two banks offer the second-highest rate of 1.35% APY:
AmTrust Bank (www.amtrust.com), which has 40 branches in Florida and Arizona and is a division of New York Community Bank, requires a $500 minimum deposit.
Green Bank (www.greenbank.com), which is an eco-friendly bank with 12 locations in Texas, requires a $1,000 minimum deposit.
Two banks pay 1.31% APY:
CSBdirect (www.csbdirect.com), which is the online division of Citizens State Bank, requires a $1,000 minimum deposit.
Virtual Bank (www.virtualbank.com), which is the online division of Sabadell United Bank, based in Miami, requires a $10,000 minimum deposit.
Six banks pay 1.30% APY:
Barclays (www.banking.barclaysus.com), which is the online American operation of the big British bank, has no minimum balance requirement.
CIT Bank (www.bankoncit.com), the online consumer bank of CIT Group Inc., which offers financing to small businesses and middle-market companies, requires a $1,000 minimum deposit.
Discover Bank (www.discoverbank.com), which is an online bank owned by the credit card company, requires a $2,500 minimum deposit.
GE Capital Retail Bank (www.gecrb.com), which is a subsidiary of GE Capital, requires a $2,000 minimum deposit.
Nationwide Bank (www.nationwide.com), which is an online bank owned by Nationwide Mutual Insurance Company and its affiliates, requires a $500 minimum deposit.
Sallie Mae Bank (www.salliemae.com), which is an online bank owned by the student lender with a single branch in Murray, Utah, requires a $2,500 minimum deposit.
The average annual yield that large banks and thrifts are offering for 36-month CDs is a new record-low 0.53% APY.
These banks qualify for our rankings by imposing no restrictions on who can buy their certificates of deposit, either online or through the mail.
Compare these returns with the best CD rates from scores of banks in our extensive database.