Keysource Commercial Bank is paying 1.25% APY on CDs for 24 months.
The bank requires you to make a deposit of $100 minimum to qualify for purchasing the CD in person, through mail or over the phone. In case you want to buy it via the internet, you will have to make a deposit of $5,000 at least.
The next best deal offered for CDs for the 24 month term is 1.20% APY, from CIT Bank. Called Achiever CD, it allows savers to add to their account during the term. With the CD, they can also bump up the interest once in the 24 months.
