Virtual Bank Paying 0.75% APY on 3 Month CDs

Virtual Bank, Lydian Private Bank’s online division, is paying 0.75% APY on its 3 month CDs. This will require a minimum deposit of $10,000.

The deal is currently the second best offered in the nation. The same rate is being offered by Hudson City Savings, which requires customers to have a deposit of at least $5,000 to avail the certificates of deposit.