12 Month high interest CD for July 2009

If you are looking for a bank that offers a 12 month CD with a high interest rate, here are some that offer the best CD rates (higher than 2.00%APY) for July 2009:

1. newdominionDIRECT.com – 2.26%APY. $3,000 minimum opening balance.
2. Ascencia, a Division of PBI Bank – 2.15%APY. $500 minimum opening deposit.
3. Aurora Bank, FSB – 2.10%APY. $1,000 minimum opening balance.
4. TriState Capital Direct – 2.10%APY. $95,000 minimum deposit.
5. Nexity Bank – 2.10%APY. $1,000 minimum deposit.
6. Discover Bank – 2.10%APY. $2,500 minimum deposit.

While the minimum deposit requirement is a big consideration in making an initial investment to take advantage of the high APY, it is more important to check the financial stability of the bank. Banks covered with FDIC insurance is safe.

Related posts:

1. High Yield Savings Rate for July 2011
2. Highest interest savings account 2009
3. Best 12 month CD Rate in California
4. Central Progressive Bank 9 month Special CD at 2.11%APY
5. Tri Counties Bank high interest free checking account