Habib American Bank Offering 1.60% APY on 24 month CDs

Habib American Bank, Los Angeles, is offering 1.60% APY on 24 month CDs. The deal can be availed on a minimum deposit of $1,500.

The rate is the best being offered nationally. The certificates of deposit have to be purchased in person from one of the two branches that the bank has in California – at Artesia or L.A.