Broadway Federal Bank is paying 1.26% APY on 24 month CDs.
The rate can be purchased on a minimum deposit of $500. Savers can get the certificate of deposit from one of the three branches the bank has in Inglewood and Los Angeles.
Another bank offering 1.26% APY on CDs for the 24 month term is CIT Bank. Savers can earn this rate on a deposit of at least $25,000. They also have the option of adding to the deposit or raising the rate once in the 24 months.