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Better CD Rates at Aurora Bank
 

Better CD Rates at Aurora Bank

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Aurora Bank is offering some of the better CD rates available anywhere in the U.S.. Current 12 month bank CD rates are at 1.14% with a yield of 1.15%. Jumbo CD rates on 12 month certificates of deposit are at 1.16% with a yield of 1.17%. The minimum opening deposit is $1,000 for a regular certificate of deposit and $100,000 or a jumbo certificate of deposit.

Those CD rates are much higher than the National Average rate of 0.39% as reported by the FDIC. You might not have heard of Aurora Bank but they have recently made a national name for themselves. The bank has been insured by the FDIC since 1958, FDIC Cert # 30890.

Other certificate of deposit rates at Aurora Bank are also very competitive. Current 6 month CD interest rates are at 1.00% with a yield of 1.00%. Jumbo CD rates on 6 month CDs are slightly higher at 1.02%.

Here is a current list of CD rates at Aurora Bank. These rates are accurate as of September 8, 2011.






























































  $1,000.00 - $99,999.99 $100,000.00 +
Interest Rate APY* Interest Rate APY*
6 months 1.000% 1.005% 1.020% 1.025%
12 months 1.140% 1.147% 1.160% 1.167%
18 months 1.260% 1.268% 1.280% 1.288%
24 months 1.380% 1.390% 1.400% 1.410%
36 months 1.600% 1.613% 1.610% 1.623%
48 months 1.810% 1.826% 1.840% 1.857%
60 months 2.140% 2.163% 2.160% 2.183%

Two other banks offering similar 12 month CD rates include Discover Bank which is also offering 12 month rates at 1.14% with a yield of 1.15%. Ally Bank is offering 12 month rates at 1.13% with a yield of 1.14%.
Author: Monica Harris
September 8th, 2011