Everbank is offering 0.55% APY on 3 month CDs. It requires savers to make a minimum deposit of $1,000.
The bank recently increased the rate on its 3 month CDs. Another financial institution that raised its CDs is Jacksonville Bank. It is now paying 1.90% APY on 60 month CDs, 1.35% APY on 36 month CDs and 1.25% APY on 24 month CDs. All rates have a minimum deposit requirement of $1,000.
