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Maximizing your return on investment is important today now more than ever. With interest rates on traditional deposit accounts paying less than 1 percent and checking accounts charging more for the privilege of accessing your own money, you should take another look at equity-linked certificates of deposit.

Digital Federal Credit Union (DCU) is offering a 60-month CD that pays 2.86% APY with a $25,000 minimum balance and 2.76% with a $500 minimum balance.

The First National Bank of St. Ignace is paying 1.51% APY on a 12 month Flex-CD for balances over $10,000. Funds over $10,000 can be withdrawn at anytime after seven days, making this a CD with a great rate and flexibility.

CD Rates continue their inexorable match downward. It was only a few months ago that a top five year CD rate could get as much as 3.30% APY. Now, according to the BestCashCow database there are only a few banks in the U.S. offering 60 month CDs at 3% APY or above. Below are a few of them:

Generally, the longer the term the CD, the higher the APY it pays. If you want the higher interest rate but don't want the long-term commitment, you may want to check out low or no penalty CDs. Ally Bank has a few to offer.

To help celebrate the re-launch of the redesigned BestCashCow, we're giving away an iPad 2. Here's how you can be automatically entered to win.

Nationwide is now "on your side" by offering a 1.05% APY money market account and CDs that pay up to 2.40% APY.

If you are looking for a long-term place to safely store some of your nest egg, you can open this high APY CD account online. Although this CD is offered by Southern California's largest retail banking institution, you don't have to live in Southern California to get in on this deal.

Massena Savings and Loan is paying 2.56% APY on a 3-year CD. That's one of the highest rates according to BestCashCow data.

The best local 12-Month CD rates run from 1.30% to 1.80% APY. See what's available in your area.

While there is a great stress on all citizens to save, we are often presented with sub-par rates. Banks need deposit accounts to fund their loan and mortgage business, but are giving little in return. Yet, there is a push to get customers to come back (or in) the bank as well and curb the purely internet use. Sovereign Bank is one of thise banks and is currently offering a 3.00% APY 5 year CD.

Financial products like foreign currency Certificates of Deposit can diversify your portfolio with foreign currency, but bear certain risks.