EverBank Paying 0.57% APY on 3- Month CDs

EverBank, is offering 0.57% APY on CDs for the 3- month term with a minimum deposit requirement of $1500. However, E-Loan, another popular bank, is offering CDs at 0.65% APY for the same term.

Other banks like NexBank and Virtual Bank pay 0.50% APY with a minimum deposit requirement of $10,000.