AIG Bank, the banking arm of the insurance giant AIG, is offering one of the best CD rates available for a 6 months certificate of deposit.

The current CD interest rate is 1.44 percent and the annual percentage yield (APY) is 1.55 percent. The rate and yield are almost double the national average 6 months certificate of deposit rate of 0.82 percent.

The minimum opening CD account balance is $2,500. The early withdrawal penalty for certificate of deposit accounts of 12 months or less is 90 days of interest. Certificate of deposit accounts are insured by the FDIC for up to $250,000.

AIG Bank CD Rates