At Ascenia Bank, 6 month CDs are paying 0.75% APY.
Seven other banks are offering the same rate on CDs for the 6 month term. They are Doral Bank Direct, Sanibel Captiva Community Bank, Discover Bank, Acacia Federal Savings Bank, First Internet Bank of Indiana, Colorado Federal Savings Bank and OneWest Bank.
The minimum deposit requirements for the banks differ. At Ascencia and Acacia Federal Savings Bank a deposit of at least $500 is required, while at Discover Bank and Colorado Federal Savings Bank, $5,000 and $2,500 respectively will have to be deposited. The remaining of the eight banks mandate that savers deposit $1,000 (minimum).
