Bank CD Rates

With absolutely no fees, the E-Loan CD rates are a good investment. E-Loan is financial service company that has expanded to cover the nation. This financial service was established in 1997. Since that time they have been servicing the public with high yield CD’s and other service. The shining star of this financial institution is their top quality on line services.

When it comes to E-Loan CD rates, this company has 12 different rates and term CD’s to choose from. The best return is from the 6 year CD with an interest rate of 3.44% and an APY of 3.50%, the 5 year CD is at 3.34% interest and an APY of 3.40%. The 4 year CD is at 2.97% and an APY of 3.01%. The 3 year CD is at 2.52% interest and an APY of 2.55%. The 2 year CD is at 2.34% interest and an APY of 2.37%. The 18 month CD is at 2.04% interest and an APY of 2.06%. The 1 year CD is at 1.93% interest and an APY of 1.95%. The 9 month CD is at 1.74% interest and an APY of 1.76%. The 6 month CD is at 1.59% interest and an APY of 1.60%. The 3 month CD is at 0.70% interest and an APY of 0.70%. The 18 month CD is at 0.60% interest and an APY of 0.60%. The 1 month CD is at 0.55% interest and an APY of 0.55%.

These bank CD rates were posted on 8/28/09 and are the current rates. There is a minimum deposit of $10,000 to open an account and purchase a CD at the stated rates.

E-Loan is not a bank, so all deposits are made thru the Banco Popular North America or BPNA. There are penalties for early withdraw like most CD’s.

To check for current E-Loan CD rates go to the home page of this financial establishment were they are posted and updated on a regular basis.