bank rates

Top 24-Month CD Rate Jumps To 2.53%

Broadway Federal Bank, with five branches in Los Angeles, is now offering the best deal on 24-month CDs — 2.53% APY with a $1,000 minimum deposit.

Broadway Federal Bank in Los Angeles is offering a top CD rate of 2.53% APY on a 24-month term

That’s almost half a percentage point higher than the next best rate of 2.10% APY, which you can get from Tennessee Commerce Bank.

It’s also more than twice the national average of 1.15% for a 24-month certificate of deposit.

The timing could not have been better.

Three of the four banks that offered the highest rates on this term at the beginning of the week, slashed them over the past two days.

This CD rate is available only online, but residents of all 50 states can apply.

Broadway Federal offered this same rate last August, but it was available for only one month. It can be withdrawn again at any time, according to the bank.

If you want to take advantage of this great rate, don’t hesitate.

Compare this offer with the best CD rates from scores of other banks in our extensive database.

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Comments (4)
1 Star2 Stars3 Stars4 Stars5 Stars (4 votes, average: 4.25 out of 5)
4 Existing Comments
  1. brad said:
    on April 30th at 10:52 pm

    interesting !!!

  2. Best Mortgage Loans said:
    on May 1st at 05:01 pm

    This is a wonderful opinion. The things mentioned are great and
    needs to be appreciated by everyone.

  3. bill said:
    on May 1st at 09:29 pm

    Where did you get the picture…it has the last 4 digits of the card members card in the pic…

    Someone should crop that?

  4. Frank said:
    on May 6th at 10:30 pm

    Couple of typos on the website

    “Interest rate is guaranteed for the initial term of the
    account. The initial termis the day of the initial opening
    deposit. Early withdrawal penalties may apply”