Luana Savings Bank Paying 1.000% APY on 60-Month Jumbo CDs

Luana Savings Bank, offers 1.000% APY on jumbo 60-month term certificates of deposit. You would have to deposit a minimum amount of $100,000 to open a CD at this bank. The interest is compounded on a daily basis.

The bank offers CDs for flexible terms ranging from 3 months to 84 months. The APY rates vary depending on the deposit amount. The minimum deposit required to open a regular CD is $1,000. From a minimum of 0.05% APY on 3 month CDs, the bank offers a maximum of 1.460% APY on 84-month jumbo CDs.