Flagstar Bank has been doing some really strange stuff with its 36-month CDs.
After cutting the return in half last month, the bank reversed course and announced a big increase this week to 2.35% APY.
Is there another bank in the country boosting the return on any certificate of deposit by almost a point in this lousy market?
And what about the unusual policy of offering customers who live near a branch lower interest rates than customers who must bank online?
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