E-loan has one of the best CD rates for a 5 year CD, the rate is 5.02% and the annual percentage yield is 5.15%. The minimum balance to open the CD account is $10,000. The yield on balances over $100,000 is 5.25%.  The FDIC now insures individual deposits up to $250,000.   

When you open a E-LOAN account you are actually opening an account through Banco Popular North America (BPNA), a New York state chartered bank insured by the FDIC that is the direct parent company of E-LOAN. Banco Popular has more then $47 billion in assets, been around since 1893 and has operations in Puerto Rico, the United States, the Caribbean, and Latin America.

E loan 5 year CD Application