VirtualBank Paying 1.160% APY on 24-Month CDs

VirtualBank, is offering 1.160% APY on high yield 24-month eCDs. The minimum deposit required to open this CD is $10,000.

The bank offers eCDs for terms varying from 1-month to 60-months with APY rates between 0.25% and 1.41%. All eCDs require a minimum deposit of $10,000 that will be FDIC insured. You can use the bank website to apply for the eCD through a paperless transaction. The interest will be transferred every month to the checking account connected to the eCD.