One West Bank Offering 10-Month CD at 2.15% APY

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One West Bank, formerly Indymac, is offering a 10-month CD that pays 2.15% APY.

One West Bank, formerly Indymac Bank, is offering a 10-month CD that pays 2.15% APY. That compares very favorably to the top 12-month CD rate of 2.20% APY.

One West Bank is the entity that emerged from the collapse of Indymac. The bank was purchased by several private equity investors who along with the FDIC recapitalized the bank and renamed it One West Bank.

Like its predecessor, One West Bank has competitive savings and CD rates.  The bank also has a relatively easy online application and makes its rates available nationally.  In fact, many of its best rates, like the 10-month CD are only available online.

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Today's Highest Online CD Rates

Bank Product Term Interest Rate (APY)
Bank5 Connect 1-Year 2.85% APY with $500 minimum
M.Y. Safra Bank 1-Year 2.51% APY with $500 minimum
My Banking Direct, a division of New York Community Bank 1-Year 2.50% APY with $500 minimum
Connexus 3-Year 3.26% APY with $5,000 minimum
Pentagon 3-Year 3.25% APY with $1,000 minimum
Bank5 Connect 3-Year 3.20% APY with $500 minimum
Bread Savings, a division of Comenity Capital Bank 5-Year 3.65% APY with $1,500 minimum
Popular Direct 5-Year 3.40% APY with $10,000 minimum
M.Y. Safra Bank 5-Year 3.26% APY with $500 minimum

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