MetLife Bank is offering a new rate on its 24 month certificates of deposit. The bank is paying 1.20% APY on CDs for this term.
You can avail the certificate of deposit on a minimum deposit of $25,000. The top rate being offered on 24 month CDs is 1.50% APY. Four banks are paying this rate; they are – Salem Five Bank, Mainstreet Bank, Hudson City Savings and Bank of Internet USA.