Ally Bank 1 Year Certificate Of Deposit 2.80% APY
Ally bank (formerly GMAC) is still offering one of the highest cd rates at 2.80% APY for 12 months with no minimum deposit. Even though they’ve changed their name, their philosophy as a company hasn’t, including their rates. They are still promising leading bank rates, 24 hour service, total transparency and to do what’s right for the customer. Building off of GMAC’s 90 years of service, Ally’s new approach to better banking includes no penalty cds, sleeping money alerts, no minimums, no sneaky disclaimers and no teaser rates. They are FDIC insured up to 250K until December 31, 2009.