While the name Bank of Internet may sound sketchy, they have actually been established as an “internet bank” by the FDIC shows that they have been in business since 2000 and they are indeed insured by the FDIC.
The current Bank of Internet CD rates are right up there with the best:

• $1,000 minimum deposit
• $100,000 maximum deposit

Tags: 1 year cd rates, 12 mo CD rates, Bank of Internet Bank Rates

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