Amtrust is now paying 4.15% APY for a 6-month CD, up from 3.51% APY. This is now the best 6-month cd rate according to the BestCashCow rate table. Of the top cd rates, it also has one of the lowest minimum balances at $1,000. Amtrust is also offering a high yield 12 month cd at 4.30% APY, a top rate on 18 month CDs at 4.38% APY, and 2 and 3 year cds at 4.35% APY.
Amtrust has been hit hard by the housing meltdown and is currently rated 2 stars by Bauer Financial. As with any bank, we recommend you stay within FDIC limits when deposting money into Amtrust.
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Corus Bank Raises Rate on 6 Month and 12 Month CDs to 4.25% APY and 4.75% APY by BankMan - Aug 26, 2008
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