Doral Bank Direct, a foremost community bank in Puerto Rico, leads with a CD rate of 1.15% APY. The minimum deposit required is $1,000. There are 6 other banks which offer CD rates of above 1% APY.
The CTI Bank is another member of the aforementioned list, which offers the next highest rate with 1.10% APY for a minimum deposit of $25,000, for its ‘Achiever CD’. The standard 12-month CD from CTI Bank pays 1.06% APY for a minimum deposit of $1,000.
