VirtualBank, is offering 0.250% APY on 1-month term CDs that require a minimum deposit of $10,000. E-Loan is offering a 0.150% APY on 1-month term CDs for $10,000 minimum deposit.
There are other financial institutions that offer a good APY for a lower minimum deposit. Lone Star Bank and AloStar Bank of Commerce offer 0.150% APY and 0.100% APY respectively for $1,000 minimum deposit.
