Citi Bank is offering 1.01% APY on 60 month CDs. These can be purchased if you have a deposit of at least $1,000.
The rate is being offered nationally. It is less than the average yield – 1.34% APY – that thrifts and large banks were offering recently. A few other rates that Citi Bank is paying the national region are: 0.15% APY on 3 month CDs and 0.20% APY on 6 month CDs.
