FNBO 60-Month CD Paying 4% APY

FNBO is offering a market leading 4% APY on a 60 month (5 year) CD. As the rate table shows, this is the top 60 month CD rate at the moment and the first 4% APY CD we've seen in some time. The rate is not immediately visible on their page. You need to go to the CD Disclosure section of their website to see their CD rates.

To open the account you'll need to first open a savings account and then you'll be able to add the CD to the account. The savings account is currently paying a pretty competitive rate of 1.90% APY (pretty pathetic that this is competitive). I spoke to FNBO and they said both can be opened the same day and that the CD rate will lock once the application is competed and accepted.

FNBO Direct is the high yield, online division of First National Bank of Omaha, which is in iteself a subsidiary of First National of Nebraska. First National of Nebraska has more than $20 billion in managed assets, approximately 7,500 employees in 35 states. The bank is FDIC insured and has a Bauer Rating of 3 1/2 out of 5 stars (Good) for its safety and soundness.

Today's Highest Online CD Rates

Bank	Product Term	Interest Rate (APY)
Finworth, a division of InsBank	1-Year	4.55% APY with $50,000 minimum
TotalDirect, a division of City National Bank of Florida	1-Year	4.50% APY with $25,000 minimum
First Internet Bank of Indiana	1-Year	4.42% APY with $1,000 minimum
Merrick Bank	3-Year	4.15% APY with $25,000 minimum
Colorado Federal Savings Bank	3-Year	3.95% APY with $5,000 minimum
M.Y. Safra Bank	3-Year	3.90% APY with $500 minimum
Merrick Bank	5-Year	4.05% APY with $25,000 minimum
Synchrony Bank	5-Year	4.00% APY with no minimum
M.Y. Safra Bank	5-Year	3.90% APY with $500 minimum

Bank

Product Term

Interest Rate (APY)

Finworth, a division of InsBank

1-Year

4.55% APY with $50,000 minimum

TotalDirect, a division of City National Bank of Florida

1-Year

4.50% APY with $25,000 minimum

First Internet Bank of Indiana

1-Year

4.42% APY with $1,000 minimum