GMAC Bank has 12 month bank CDs (1 yr cd rate) at 3.75% APY making their certificate of deposit rates highest right now. Countrywide bank by comparison has their 1 year CDs at only 2.10% Annual percentage yield. INGdirect’s 12 month CDs are at 2.75% APY.
January 10th, 2009
1.00%
0.50%