National City Bank is offering a 5.00% APY 48 month or 54 month CD special and will last through March 15, 2008. The minimum deposit to open is $10,000. You can also settle for a lower 4.80% APY for a deposit under $10,000.

To qualify for this CD, you must have an existing National City National City checking or savings account, or you must open a new checking, money market, or savings account with a opening balance of $1,500. It lists at the bottom of the sign up page that free checking account doesn’t qualify which means there is a $10 monthly maintenance fee.

Application can be done online, or over the phone. If you choose to sign up by phone, National City Bank will sent you a signature card which you must sign and mail in with a check to fund the account.

Bank of America is offering a $100 Bonus when you open a business checking account with Visa Business Check Card before March 31, 2008. There are no minimum deposit requirements and no monthly fees.

To get the $100 Bonus:

If you are applying online, you must enter promotional code BTB0100 to ensure you receive the correct bonus. A branch visit is another sign up option, you must however provide the coupon to receive the bonus.

Once the account is open, your $100 bonus will be automatically deposited into your business checking within 60 days. Closing the account within that time period will void the promotional bonus.

Alliant Credit Union is offering a 4.90% APY Jumbo CD rate with very flexible terms of 12 to 17 months. The minimum deposit for this rate is $25,000.

Opening a CD Account:

You are required to become a member with Alliant Credit Union by opening a primary savings account with Alliant Credit Union first before you can open a CD account. The funds for the CD will be transfered over from the savings account. Alliant Credit Union doesn’t have the ability to initiate fund transfers online, you must initiate it from the source of your funds.

Alliant Credit Union is NCUA insured (Charter # 67955) with 210,332 members and $4.8 billion in assets. Bankrate.com gives it a rating of 3 out of 5 stars.

Evergreen Private Bank is listing two very competitive Certificate of Deposit rates. These include a 4.25% APY 5-month CD and 4.15% 12 month CD. The minimum desposit to open is $10,000. Either new money or additional account relationships are required. The rate table is dated at 2/8/2008 but the rates are effective as of today.

New customers are required to visit a branch to open the account. Branches are located in Oak Brook which is in the suburbs of Chicago. The bank has been FDIC insured since 1934 (Certificate # 35230).

Westsound Bank has a special 6-month Certificate of Deposit with a yield of 4.20% APY. The minimum deposit eligible to earn APY is only $500 ($100 for IRA accounts).

I called customer service and was told a walk in sign up is required for this account, and membership is available only to those who live, work or worship in the state of Washington. I was also informed that the early withdrawal penalty on this CD account is 3 months of interest for terms over 12 months and 30 days for terms of under 12 months.

The main branch is located in Bremerton, about 60 miles south of Seattle. Westsound Bank is federally insured by the FDIC since 1999 (Certificate # 34843).

Webster Bank is running a promotion on their checking accounts where you can basically earn up to $100 bonus if you meet all of their requirements. The checking account will award you $20 for your first checking deposit, $20 for payings 3 online bills, $20 for making 3 purchases with your Visa Check Card, and finally giving you $40 is you completely all three.

This is an online deal and is available to all states. To apply, simply go to Webster Bank’s checking account page and click on the “Get your $100 Coupon” icon to be redirected to the sign up page.

*In order to qualify, checking account must be opened by March 5th, 2008 and this offer is available to new Webster checking account memberships only. All three activity listed above must be completely by May 9th, 2008.

Pentagon Federal Credit Union has several long term CD specials with competitive rates. PenFed Credit Union’s highest CD rate is currently the 7 year 5.00% APY Certificate of Deposit with $1,000 minimum. There’s also a 4.50% APY 3 year CD with the same requirements. Both are also available as an IRA and a money market account.

Once you are locked in for the term of the CD, only the 3.50% APY 6-Month CD earns dividends on a simple interest basis. All the other CD terms will have daily compounding interest and you have the option of choosing whether being paid monthly or at maturity. Upon maturity, your certificate will automatically renew unless you request a change of option either by phone or via online banking.

Application is online, you will first need to create an account with PedFed Credit Union, and then you can transfer funds via free ACH online transfer.

Pentagon Federal Credit Union is federally insured by the National Credit Union Administration (NCUA) up to to $100,000 USD. This credit union has more than 764,000 members and $11.2 billion in assets.

*Please note that penalty may be imposed for early withdrawal and service fees may apply.

Chase Bank is offering a great $200 Bonus when you open a business checking account with them. The only requirement listed is a $500 minimum bdeposit. Once qualified, Chase Bank will deposit $200 into your new business checking account.

To get the bonus, you will need to print out Chase Bank’s eBonus Certificate and bring it to a local Chase branch by 03/15/08.

Millennium Bank is offering a 4.26% APY 6 month Certificate of Deposit special with $1,000 minimum deposit. While a 4.26% APY yield may not seem very high, but after the massive recent Fed rate cuts, this is a competitive CD rate.

The interest on this Certificatie of Deposit compounds and pays quarterly. At maturity, you will have 10 grace period days to action before it rolls over on to another CD with an updated rate. The penalty for early withdrawal is 3 month of interest with no principle protection.

Because this isn’t an internet CD, a branch visit is required to open an account. Millennium Bank is located in Des Plaines, IL about 30 miles from the city of Chicago.

Millennium Bank is a member of the FDIC, (Certificate # 34946). For more information, please visit Millennium Bank CD rates deposit home.

LaSalle Bank is currently offering a $100 free checking account bonus. To get the $100, you must open both a checking and a LaSalle Statement Savings Account, have a minimum balance of $250 and make a purchase with your Money Card debit card within 60 days of opening.

Bonuses will be credited within 120 days after the account is open, and are limited to one household per bonus.

You can apply online, or over the phone at (800) 275-9072.

Flagstar Bank is offering the highest 12 month Certificate of Deposit rate at 4.40% APY in selected states. The minimum deposit is only $500 and it can be opened as an IRA account.

Flagstar Bank is also offering a competitive, 25 basis points lower 18 month CD at 4.15% APY yields. The deposit requirements and characteristic will be the same as the 12 month CD.

Branch visits will not be required for sign up because this rate is only available through an online application. Furthremore, this CD account is for personal use only, it cannot be brokered or opened as a corporate account. The penalty for early withdrawal on a 12 to 29 month CD account will be 180 days of interest.

Flagstar Bank is a member of the FDIC, (Certificate # 32541). For more information, please visit Flagstar Bank’s CD rates homepage.

Countrywide bank is currently offering the highest yielding 6 month CD at 4.75% APY. The minimum deposit required to open this account is pretty high at $10,000 with compounding daily interest. Monthly checks are also available but account earnings and balances are usually paid in full at maturity. The interest rate is guaranteed for the term of the CD meaning this isn’t a callable CD.

Membership for this high yielding CD is only available when you apply online. If you call or do branch visit to sign up, the rate falls to 4.15% APY.

There is a 90 day simple interest penalty for early withdrawal. If there is any possibility of withdrawaling the principle before the CD maturity, it’s better to invest your money in something more liquid like a savings account.

The Daily Banker mentioned about the worrying financial condition of Countrywide Bank and Bank of America’s acquisition negotiations in the past. If all of this goes through it will definately becomes a moot point in the banking industry.

Countrywide is FDIC insured, (Certificate # 33143). As with any bank, it’s always safe to stay under the FDIC limits of $100,000, especially one with financial problems.

For more information regarding opening an account, please visit Countrywide Bank’s deposit homepage.

Indymac Bank is offering a 4.25% 3 month internet only Certificate of Deposit with $5,000 minimum deposit. This is the highest yield APY CD rate on Indymac Bank’s for 90 days to 5 years CD rate tier. Due to the recent massive fed cut, all CD terms longer than 3 months will drop into the 3.00% APY range, the Indymac Bank 3 month CD is simply the best choice.

The interest on the Indymac Bank’s Certificate of Deposit, depending on the term of the CD, is compounded daily and can be paid monthly or at maturity. At maturity, your CD will also renew automatically for the selected term at the most current rate offering by Indymac Bank at that time.

The peanlty for early withdrawal for this particular Certificate of Deposit is 1 month of simple interest at the rate being paid on the amount withdrawn with no principle protection.

Indymac Bank also offers customized Certificate of Deposit terms, for more information, please visit Indymac Bank’s deposit homepage or contact their Customer Contact Center at 1-877-748-0004.

Luther Burbank Savings is offering a great 4 month 4.75% *liquid CD with a minimum $10,000 deposit. Its other terms at selected branches are also very competitive with the Santa Rosa, San Rafael, and Palo Alto branch offering a special 90 day 4.85% APY CD. This Certificate of Deposit has no deposit limit and allows you to have one penalty free withdrawals a month.

Luther Burbank Savings is also offering a 4.00% APY checking account with $5,000 minimum deposit to open. A branch visit would be required to open and it’s available in all Luther Burbank Savings branches.

LBS has been a member of the FDIC since 1983 and this is the their first appearance on DailyBanker.com.

For futher information regarding application, please visit their homepage at http://www.lutherburbanksavings.com.

*A Liquid Certificate of Deposit (CD) usually allows customers to lock deposits in a high CD rate, make unlimited deposit add-ons, and allows fluid (without withdrawal penalties) access to your money.

Countrywide is offering a 4.90% APY 3-month Certificate of Deposit. The minimum deposit is $10,000. Its other terms are also very competitive with yields ranging from 4.75% APY for a 9-month term to 4.00% APY for a 12-month term. These are also available in an IRA. Please see rate table for more details.

Due to the recently feds rate cut, 4.90% APY is currently the highest CD rates in the nation. Interest is compounded daily and credited to your account each month with guaranteed rates for the term of the CD. Monthly interest checks are also available.

There are no fees associated with this account and the penalty for early withdrawal for a 3 month to 12 month term CD would be 91 days of simple interest at the rate paid to the account.

For more information, please check out Countrywide Bank’s CD rates homepage.

L.A. Financial is currently offering the highest CD rates at 5.75% APY with a 13 month term. The minimum deposit on this CD account is $1,000 with at least half of the deposit money being new. Membership requires a new L.A. Financial checking account with direct deposit. The yield without it drops to 5.25% APY.

This Certificate of Deposit isn’t an internet CD so you must mail in your application. Membership for this CD account is open to those who live in Los Angeles County, California and also to anyone who lives or works in Lake Havasu City, Arizona. Please refer to L.A. Financial Credit Union’s membership page and Havasu Community Credit Union’s membership page for more details.

January 31, 2008 is the last day to take advantage of this great Certificate of Deposit offer and many customers didn’t want to hassle with the direct deposits because with the huge recent Fed rate cuts this is still the best CD rate even at 5.25% APY.

Countrywide is offering the highest local CD (Certificate of Deposit) rate at 5.10% APY with a 3 month term. This CD available country wide, but this particular rate of 3 month 5.10% is only available for the state of California. You can check this by visiting Countrywide’s rate tier and typing in your zip code. If you are in California, the rate for the 3 month CD should change from 4.80% to 5.10%.

The Annual Percentage Yields (APY) is effective as of Monday, January 28, 2008. The minimum deposit to open a CD account and obtain the APY is $10,000 for a regular CD and $2,500 for an IRA CD. The penalty for early withdrawwl will 91 days of simple interest at the rate then paid on the account, whether or not paid or earned, on the amount of principal withdrawn.

I personally think this will be the highest and last 5.00% APY CD by Countrywide Bank, so take advantage of this offer while it lasts.

Flagstar Bank is currently offering a great 3 month 5.00% APY CD with an actual rate of 4.92%. This is an internet CD and the best interest CD rate offered by Flagstar Bank. The minimum deposit to open is $500. This CD is also available in an IRA account.

The CD interest is compounded quarterly and for balances up to $10,000 or more, customers can get paid every month by mail. There will be a 10 day grace period when the CD maturity when you can add to the CD, withdrawal, or you can wait until the grace period is over and it will automatically roll over.

Flagstar Bank is also offering a few other certificates of deposits explained below:

Certificate of Deposit (CD) tier:
-$500 deposited for 3 months is offered a CD (Certificate of Deposit) rate of 4.92% with 5.00% APY.
-$500 deposited for 12 months is offered a CD (Certificate of Deposit) rate of 4.83% with 4.91% APY.
-$500 deposited for 18 months is offered a CD (Certificate of Deposit) rate of 4.78% with 4.86% APY.
-$500 deposited for 24 months is offered a CD (Certificate of Deposit) rate of 4.78% with 4.86% APY.
-$500 deposited for 30 months is offered a CD (Certificate of Deposit) rate of 4.78% with 4.86% APY.
-$500 deposited for 36 months is offered a CD (Certificate of Deposit) rate of 4.78% with 4.86% APY.
-$500 deposited for 48 months is offered a CD (Certificate of Deposit) rate of 4.78% with 4.86% APY.
-$500 deposited for 60 months is offered a CD (Certificate of Deposit) rate of 4.78% with 4.86% APY.

From the above Flagstar Bank’s CD rates tier, it’s clear that investing in any other CD other than the 3 month and 12 month CD wouldn’t be a smart decision. It is better off to invest in the 3 month CD, get the highest rate and let it automatically roll over than to lock your money in a 60 month CD for a lower rate.

Early withdrawls peanltyu before the maturity of this 5.00% APY 3 month is a 30 day interest under Flagstar Bank’s ‘Truth in Savings Disclosure’ statement. There is no principle protection program.

IndyMac Bank is offering a 7 month 5.15% APY internet CD (Certificate of Deposit) and discontinued it’s old 4 month 5.25% APY CD by lowering the APY to 4.10%. With the economy weakening, the bank responded quickly by dropping rates all across the board for CDs and savings account.

Certificate of Deposit rates above 5.00% APY might be history in the very near future.

Like CountryWide Bank, IndyMac is also running into mortgage home loan problems, losing more than $200 million in the third quarter. Moody Investors said IndyMac’s mortgage lender’s business and portfolio rating is much similar to the constantly lowering mortgage debts from the market. With it’s portfolio already dented, please try to stay under the FDIC limits of $100,000 for this 7 month CD.

With Certificate of Deposit rates plummeting, many investors are looking for great bank deals like reward checking accounts and great credit cards deal on The Daily Banker.

Equity Bank S.S.B., chartered under Texas Department of Savings and Mortgage Lending is offering a promotional 7 month CD with an annual percentage yield of 5.10% and an actual rate of 4.95%.

Even though this is not the highest or the best cd rates on the market today, this CD however has one of the most well rounded requirements with minimum $1,000 to open and only 1 month penalty interest for early withdrawl. Furthermore, this 7 month 5.10% APY CD is also the highest CD rate that Equity Bank offers, you can find more information regarding Equity Bank’s CD and IRA products rate tier here.

Equity Bank S.S.B., member of FDIC, provides insurance maximum amount allowable by law of $100,000.

To open an account, simple call 214-237-3170 and a customer service representative will assist you.

Superior Savings of New England is offering a great 7 month 5.25% APY CD rate. The actual rate on this Certificate of Deposit is 5.12% with a minimum deposit of $500 USD. It is FDIC insured up to 100k with compounding interest daily reinvested back into the account.

This Certificate of Deposit has an exceptionally high 6 month interest penalty for early withdrawl with no principle protection program. So please invest knowning that it will most likely be locked in the full 7 months.

Branches of Superior Savings of New England are located in Connecticut (main office), and in the Bronx, NY. This CD is however available to other states as well. To open, simply download the application and mail it in with the required information. You can fund the account with either an ACH transfer or mail in a check.

MidFrist Bank is currently offering a 7 year 5.90% APY Certificate of Deposit in the state of Arizona and Oklahoma. If you wants to open this CD from any other state, you will need to a walk in and provide all legal documentation. The minimum deposit is $5,000 and it’s FDIC insured up to 100k. Because this is the best CD rate at 5.90% APY, if you want to invest beyond the FDIC insured limits, you can always add a beneficiary to the CD account like your children. Each beneficiary is an additional 100k FDIC beneficiary insurance.

Another thing to keep in mind when investing in this long term high yielding CD account is the fact that this is a Callable CD. A Callable CD is basically a Certificate of Deposit that is able to be “Called back” by the bank after it’s call-protection period and before it’s maturity. This serves to give the bank the ability to give the best CD rate possible without losing interest on the long run. For this particular MidFirst Bank 5.90% 7 year CD, the call protection period is 1 year.

Penalty for early withdrawl is 24 month of interest with no principle protection program. For more information, please call MidFirst Bank’s customer support at 1-888-MIDFIRST inquire about this particular CD not listed on their website.

Countrywide Bank is currently offering great a 6 month 5.45% APY internet Certificate of Deposit. This is the highest CD rate out of Countrywide Bank’s CD tier, the only other great rate worth looking at is the 9 month 5.15% APY, you can find the complete chart here.

The minimum deposit on this 6 month CD is a little bit high at $10,000. Interest on this CD will compound daily with monthly checks available. As far as money transfer goes, you can do it by ACH transfer ini 3 business days or you can write a check and mail it in.

There is currently news circulating around the internet regarding Countrywide Bank’s shares dropping and making up bankruptcy stories. You can read the complete store here at Bank Deals. Thus I would suggest anyone who is interested in this CD to stay under the FDIC insured limit of $100,000.

Soltex Federal Credit Union is currently offering a 12 month CD with a 5.28% APY with 5.16% interest. Other high yielding rates by Texas CU would be their 6 month 5.15% APY CD rate and 24 month 5.05% APY CD rate. This rate is only available to Texas CU members that have opened a savings account with them before. The minimum deposit to open a savings or checking account with Texas CU is only $5.

Because this is not an internet CD, membership for this Certificate of Deposit is open to anyone living in the vincinity of La Porte, Texas which is located right outside of Houston.

FNBO Direct is currently offering a 5.25% APY Certificate of Deposit with an interest rate of 5.05%. The minimum deposit on FNBO Direct’s best cd rate is $500 with FDIC insurance of up to $100,000. This is an online only Certificate of Deposit, which means you can open it in any state as long as you are an existing customer with FNBO Direct. So if you don’t have an accoun with FNBO Direct, you will need to first open a FNBO Direct savings or checking account before you can enjoy the rates of this 9 month CD.

The interest on this 9 month CD is compounded daily and will be credited quarterly. Once you reach maturity on this Certificate of Deposit, you will have 10 days to decide weather to withdrawl the principle with compounded interest. If there is no response within 10 days it will automatically renew and will be locked in the new Certificate of Deposit rate for another 9 months.

To apply online, simple go to the FNBO Direct website and apply.

*No penalty for early withdrawl will be applied to the savings account, but it will cost you 3 month worth of interest if you withdrawl early for the 9 month CD. This penalty can actually hurt your principle if you withdrawl before the 3 months.

TD(Toronto Dominion) Bank is currently offering a great 3 month 5.30% APY CD through TD AMERITRADE. This is a broker CD which means you can reinvest payment at maturity, but you can’t compound the itnerest and reinvest the interest back into the CD account. It’s a simple interest paid at maturity and not monthly. This CD has a high mimimum deposit requirement of $10,000 and deposit limit is the FDIC limit of $100,000. You can invest this CD as an IRA (Individual Retirement Accounts) and get a higher FDIC insurance of up to $250,000.

Because this CD is a broker CD, the penalty for early withdrawal is different from bank CD accounts. A bank CD account will usually charge you a certain month’s interest and most likely will not hurt your principle amount deposited. This CD is different because if you want it before the maturity date, they will find a secondary market buyer to buy it and thus you can actually LOSE your principle amount. Your penalty will be the spread between how much TD AMERITRADE broker sells and buys the Certificate of Deposit.

To open an account, you can go to TD AMERITRADE’s website or you can locate a branch near and open it at a branch.

E*TRADE Financial is currently offering a great 6 month 5.25% APY Certificate of Deposit. This CD is the highest cd rate out of all the Certificate of Deposits that E*TRADE Financial offers. The minimum deposit on this is $1,000 and there’s no deposit limit but do remember that it’s only FDIC insured up to $100,000. This CD has an automatic renewal at maturity and a guaranteed safety of principal. The guaranteed safety of principle only applies to early withdrawals before the CD maturity. Many banks will charge you penalty that will touch your principle amount deposited into the CD. E*TRADE Financial will only penalize you for half of the term interest that you earned on the CD and they will never touch the money you deposited. In other words, you have absolutely nothing to lose.

To open up an account, you can either go to E*TRADE Financial’s website and apply online. Once you complete your application, E*TRADE Financial will sent you a confirmation email with instructions on how to fund your account.

CountryWide bank is offering an online 3 month CD of 5.45% APY with $10,000 minimum deposit. The interest on this Certificate of Deposit is 5.30% and it has an early withdraw penalty of 91 days of simple interest. This special CD rate can only be applied online and there are no fees assocaited with it. Once your application is approved, there are three major ways of transfering the funds over. You can wire it over, transfer it electronically, or you can always mail in a check. CountryWide is a trusted bank with FDIC insured deposits of up to $100,000.

*CountryWide Bank is also offering a promotional 3 month Certificate of Deposit of 5.50% APY only if you call in and open the account over the phone. This is their promotional special and there wasn’t too much advertising associated with it. Their direct number is
1(800)283-8875.

EverBank, a FDIC insured bank is offering a introduction promotional FreeNet checking account rate of 5.51% APY for the first three months. After the first three month at introductory rates, your interest will follow EverBank’s rate tier. I would suggest people to invest for the first three month to benefit from the 5.36% interest and then maybe withdraw your money and put it into a Certificate of Deposit like the E-Loan 5.00% APY 3 month CD.

To apply, simply fill out an application online, signed it and mail it in. You will then have to wait for EverBank’s confirmation with your account number, once you recieve your confirmation number, you can then link it with your external bank and transfer funds over.

This is a free checking/savings account with no minimum deposit, but if you want the option of BillPay, you will need to keep a minimum balance of $1,500.00 USD. The penalty for going the depoisit limit with BillPay is $4.95.

Even though EverBank doesn’t have their own ATMs across the country, they will however credit you with $6.00 USD every month for your ATM fees if you mail in your ATM reciept.

For more information, please visit EverBank’s homepage at www.everbank.com.

OneUnited Bank is offering a 5.30% APY FDIC insured internet only savings account with a minimum of $1000 down. This savings account can only be opened online, you can’t call and open it over the phone, I’ve tried it.

By opening this savings account, OneUnited Bank will issue you an ATM card that allows you to withdraw from ATMs at either OneUnited locations or one of their affliates. The limit on the ATM is $300 within a 24 hour period. OneUnited allows ACH transfers from one bank to another. The standard period for transfer is 3 business days, but if you need the money faster, you can get it transfered over within 1 business day using their Premium ACH transfer service. The cost on that is $10 USD per transfer.

Again, you will get compounding interest daily and it will be paid quarterly. For more information you can always visit OneUnited Bank’s website at https://www.oneunited.com.

E-LOAN financial is offering a 3 month 5.00% annual percent yield CD. The minimum deposit requirements on the CD account is $10,000 USD and for savings account is $5,000. Deposits made through E-LOAN will be processed through BPNA (Banco Popular North America), which is the direct parent company that E-LOAN. All membership accounts are FDIC insured up to $100,000 by law.

This is the best cd rates in a series of Certificate of Deposits offered by E-LOAN financial. All the other ones offered by E-Loan required a longer maturity with a minimal increase in APY. For example, with the same minimum deposit, their 5 year CD Rate is only 5.01% APY.

Looking for the ultimate CD annual percentage yield? KeyDirect is offering a 10 year 5.70% APY Certificate of Deposit. This 10 year CD is the highest CD rates in today’s competitive CD rates market. The minimum deposit on this CD is $5,000, and this is also available as an IRA certificate. This CD is available nationwide with the exception of 13 states, and you can only apply via phone, mail or online. KeyDirect, a member of FDIC, was give the Top Tier Award by Bankrate.com for consistently offering the top 100 highest yield APY accounts.

The reason for this high CD rate is obviously the Certificate of Deposit period. CD rate period longer than 12 month usually have a high CD annual percentage yield, not to mention this CD is 120 months. Certificate of Deposit amounts should be always kept under FDIC limits of $100,000, and for customers that have already opened a deposit account within the last 90 days, it’s always beneficial to review the disclosures provided.

For more information, you can always check out KeyDirect’s Certificate of Deposit homepage.

Imperial Capital Bank is offering 5.20% APY 3 month Certificate of Deposit with a minimum $2000 deposit. This is the best CD rate out of a list of Certificate of Deposits provided by Imperial Bank. Other CDs include a 5.10% APY 6 month CD, and a 5.00% APY 1 year CD. ICB seems to have decreasing APY as the Certificate of Deposit term increases. All CDs are subjected to monthly compounding interest that remains on deposit at maturity. These APY are accurate as of November 6th, 2007, which is subjected to change over time. Please check back for updates on the most current Imperial Capital Bank CD rates.

To apply online, you will need your socail security number, driver liscense number, email, valid address, and a telephone number for verification. And if you think applying online is a hastle, you can always apply by mail.

Imperial Capital is a FDIC insured bank with ATM/branches located within the state of California, Nevada, and Maryland.

AmTrust Direct is offering one of the highest money market rates on the web at 5.36% APY. This e-Savings Account comes with a $1 minimum requirement to open and you can also deposit it as a CD with a raised minimum deposit of $1,000 USD. The rate is fixed for 90 days and this rate to limited to deposits up to $100,000, anything over will be a 5.00% APY instead of 5.36%. Another thing to keep in mind when opening is that this account is only available through the web and this promotional rate is for first time AmTrust Direct new accounts only. Accounts that hasn’t previously deposited funds via AmTrust Direct. For more information on how to apply, you can visit AmTrust Direct’s page here.