Doral Bank, is offering 0.940% APY on 9-month term CDs for a minimum deposit requirement of $500. You need to maintain the minimum balance in your CD account to earn the specified APY.
The bank offers flexible term CDs ranging from 6 months to 60 months, and the APY rates are between 0.89% and 1.54%. The CDs are renewed automatically upon maturity for the originally opted term. However, if you wish to make any changes regarding the term or to cancel the CD, you have a grace period of 10 days before maturity to file a request.
