Everbank Top 3 Month and 6 Month CD Rates at 4.02% APY and 4.23% APY

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Everbank raised the rates on its 3 month CD and 6 month CD and now has the top rates for each term according to the BestCashCow rate tables.

Everbank Savings Accounts, Certificates of Deposit, and MoreEverbank raised the rates on several of its Certificates of Deposit and now has the best 3 month CD rate and the best 6 month CD rate according to the BestCashCow rate tables.  The 3 month cd is paying 4.02% APY and 6 month CD is paying 4.23% APY. 

Everbank also offers a competitive savings account and checking account rates. 

  • Yield Pledge Money Market Account that currently pay a 4.65% 3-month Bonus Rate on the first $50,000 deposited and then 3.51% APY.  Blended this generates a 3.82% First-year APY (up to $50K).
  • FreeNet Checking Account that currently pay a bonus 3-month rate of 4.65% APY and then 3.45% APY on deposits over $50,000 for a first year blended APY of 3.60% APY.

Everbank appears to be in good financial health.  Bauer financial gives it 3 1/2 stars for safety and soundness out of 5.  In the second quarter of 2008, the bank reported record earnings from continuing operations of $18.5 milion, a 8% increase from the period last year.

 

 

 

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