Better CD Rates at Aurora Bank
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.
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%.
RatesORama.com Average Mortgage Rates