First Virginia Community Bank is paying 1.70% APY on 24 month CDs. The deal is being offered on a minimum deposit of $1,000.
The 2 year CD rate comes with a step-up option for savers in the Washington D.C area. This is currently the best deal available nationally.
The certificates of deposit for this offer can be purchased only if you reside in the District of Virginia, Maryland or Columbia. Savers with an account at First Virginia Community Bank can purchase these certificates over the phone.