MainStreet Bank Offering 1.16% APY on 12 Month CDs

MainStreet Bank, located in northern Virginia, is offering its 12 month CDs to savers across the nation.

The certificates of deposit can be purchased through the bank’s air-banking website. The bank is paying 1.16% APY on the CDs. These can be availed on a deposit of at least $500.

The same rate is being offered by Virtual Bank on 12 month CDs. You will require a deposit of $10,000 to be eligible for this deal.