California is home to numerous banks offering 12 month CDs. But finding a bank offering a high CD rate takes a lot of cold calling or visiting one of the bank’s branches. Tech savvy individuals sometimes rely on the internet but this too is time consuming. However, it is worth the effort as the best CD rate you can find will make or break your earning potential.
A 12 month CD is ideal for those who have extra funds that one can stash away at least for a year. While CD rates are a bit low at this time still as earnings add up each month a certificate of deposit is still the safest investment option.
To save your time, here are some banks in California offering 12 month CDs with high APYs:
1. First Federal Bank of California offers a 12 month CD at 2.25%APY with a required minimum balance of $500 and 2.45%APY with a required minimum balance of 10,000.
2. UFB Direct offers 2.65%APY on a 12 month CD.
3. Hamni Bank offers an online only 12 month CD at 2.53%APY.
If you know of a bank in California offering a competitive rate such as that mentioned above, please let us know so we can share it to everyone.
Related posts:
- Firstrust 5 month CD at 2.20%APY
- 12 Month high interest CD for July 2009
- Central Progressive Bank 9 month Special CD at 2.11%APY
- Bank of Lake Mills 10 month CD at 2.85%APY
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