Libertad Bank Offering 1.50% APY on 15 Month CDs

Libertad Bank is offering 1.50% APY on 15 month CDs. Savers can buy the rate only once they make a deposit of $1,000 at least with new money.

The bank, which is based in Austin, has a special certificate of deposit for the 12 month term. It pays 1.20% APY. The minimum deposit requirement on the the deal is the same as that for the 15 month CD.

There is a cap of $90,000 on the amount you can deposit for both CDs. However, savers who have more, can purchase more than one CD.