bank rates

Top 5-Year CD Pays Same For 2 Months

The top nationally available bank CD pays 1.95% APY.While there’s been some movement among the 60-month CD rates we’re tracking for the CD Rates Leaderboard, none of it has been at the top.

The term leader continues to be KeySource Commercial Bank, which continues to offer 1.95% APY.

KeySource Commercial Bank ( has a single branch in Durham, N.C., and requires a $100 minimum deposit for CDs purchased in person, over the phone or through the mail, and a $5,000 minimum deposit for CDs purchased online.

Jacksonville Bank (, which has five locations in northeast Florida and requires a $1,000 minimum deposit, pays the second-highest rate of 1.90% APY.

The third-highest rate of 1.87% APY is from Broadway Federal Bank (, which has three branches in Los Angeles and Inglewood, Calif., and requires a $500 minimum deposit.

The only other rate above 1.80% APY is a 1.81% APY offering by National Republic Bank of Chicago (, which has two branches in Chicago and requires a $1,000 minimum deposit.

Two banks are offering 1.77% APY:

Intervest National Bank (, which has a single branch in New York City and six branches in Florida, and requires a $2,500 minimum deposit.

Virtual Bank (, the online division of Sabadell United Bank, based in Miami, which requires a $10,000 minimum deposit.

We’re also tracking five banks offering 1.75% APY and six others with offerings down to 1.65% APY.

The average annual yield large big banks and thrifts are offering for the 60-month term remains 1.15% this week.

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.

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Comments (1)
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One Existing Comment
  1. Kathy at Bankaholic said:
    on April 2nd at 07:57 am

    Intervest has dropped its 5-year rate to 1.75% APY, and Virtual Bank is now paying 1.66% APY for its 5-year CD.