PNC, a bank based in Pittsburgh pays 0.50% APY on a twelve month CD – with a minimum deposit of $1,000. It is offered only to members with a performance select checking account or a performance account with the bank.
The rate is better than that offered to those without such an account, only by 0.05%. However, it tops the average annual yield provided by large banks for a twelve month CD.
PNC Bank’s present relationship rates are:
0.15% APY on 3-month CD
0.25% APY on 6-month CD
0.45% APY on 9-month CD
0.50% APY on 24-month CD
0.70% APY on 36-month CD
1.25%APY on 60-month CD
With close to 2,500 branches spread over the District of Columbia and 15 states, PNC offers branch convenience to customers.
