With Quaint Oak Bank lowering its offering of the best rates for 36 and 60 month CDs, its place, at the top, has now been taken by Melrose Credit Union.
The credit union is paying 2.17% APY on 36 month CDs for a deposit amount of at least $5,000. On the same minimum deposit amount, customers can earn 2.93% APY with the credit union’s 60 month CDs.