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WaMu Brings Back 12 Month 5% APY CD

WaMu Brings Back 12 Month 5% APY CD

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Author: Cindy Lewis on September 8, 2008 - modified on August 3, 2017

WaMu raised the rate on its 12 month CD back to 5% APY after briefly dropping it to 4.5% APY. This is the top rate in the nation according to the BestCashCow rate table.

WaMu raised the rate on its 12 month CD back to 5% APY after briefly dropping it to 4.5% APY. This is the top 1 year cd rate in the nation according to the BestCashCow rate table.

WaMu has suffered greatly from the housing decline and credit crisis and yesterday fired their CEO Kerry Killian. The companies stock has dropped from $40 to under $5 over the past year. They are hungry for deposits and will pay high rates for them. Depositors though should be aware that the bank is experiencing problems and to be safe should keep deposits below the FDIC insurance limit of $100,000 for each individual deposit holder.

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Today's Highest Online CD Rates

Bank	Product Term	Interest Rate (APY)
Finworth, a division of InsBank	1-Year	5.38% APY with $50,000 minimum
TotalDirect, a division of City National Bank of Florida	1-Year	5.35% APY with $25,000 minimum
First Internet Bank of Indiana	1-Year	5.31% APY with $1,000 minimum
Dollar Savings Direct, a division of Emigrant Bank	3-Year	5.00% APY with $1,000 minimum
First Internet Bank of Indiana	3-Year	4.66% APY with $1,000 minimum
IncredibleBank	3-Year	4.58% APY with $1,000 minimum
First Internet Bank of Indiana	5-Year	4.55% APY with $1,000 minimum
BMO Alto, a division of Bank of Montreal Harris	5-Year	4.50% APY with no minimum
Department of Commerce	5-Year	4.34% APY with $500 minimum

WaMu Brings Back 12 Month 5% APY CD

Today's Highest Online CD Rates

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