E-LOAN Paying 0.650% APY on 3-Month CDs

E-LOAN, is offering 0.650% APY on CDs for the 3-month term. On 12-month CDs, the bank pays 1.020% APY and for 6-month CDs, it pays 0.710%.

The minimum deposit requirement for all the certificates of deposit is $10,000. Though the minimum deposit requirements are high, the APY rates offered by E-LOAN on all its CDs are relatively higher than most of the banks nationwide.