AloStar Bank of Commerce, is offering 1.11% APY on its 12 month CDs. It also pays 1.26% APY on its 24 month CDs.
To achieve this, the bank increased its 12 month CDs by one-tenth of a percentage point, while its 24 month CDs by fifteen one-hundredth of a percentage point. On the other hand, CIT Bank offers 1.10% APY on its 12 month CDs and 1.25% APY on its 24 month Cds. Both the CDs need a minimum deposit of $25,000.
Letter of Comment