Wanda State Bank, Minnesota, is paying 1.60% APY on 1 year CDs. The rate can be availed on a minimum deposit of $500.
This is better than the top rate currently offered nationally. The bank’s deals for 3 and 6 months are also the best in the country. With a minimum deposit of $20,000, you can purchase its 3 month CD, which offers a rate of 1.05% APY. On a deposit of at least $10,000, you can buy the certificate of deposit for a 6 month CD from Wanda State Bank and earn 1.35% APY on it.
