Banks with 90-day CD yields of 5.25% or greater

Investors looking for a parking place for cash will be interested by the annual percentage yields (APY) currently available on 90-day bank CDs. The 90-day term is strategic as CD rates flatten out between 90-days and 10 years offering little incentive to lock-in longer term rates and almost all banks offer this term as opposed to 30-day, 60-day, and 120-day terms. Just for comparision the current yield on the 90-day Treasury bill is 4.71%.

Current 90-day Bank CD Yields:

Advanta Bank - 5.35%, 99K minimum

Excel National Bank - 5.35%, 10K minimum

Element Financial - 5.35%, 5K minimum

IndyMac Bank - 5.35%, 5K minimum

VirtualBank - 5.34%, 10K minimum

Stearns Bank - 5.30%, 90K minimum

UFB Direct - 5.31%, 8K minimum

Imperial Capital Bank - 5.30% 2K minimum

Countrywide Bank - 5.30%, 10K minimum

FirstFedDirect - 5.26%, 10K minimum

Umbrella Bank - 5.25%, 1K minimum

Tennessee Commerce Bank - 5.25%, 5K minimum

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