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CD Rates May 28, 2012
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Marathon Bank 1 Month CD Rates at 0.74%
Marathon Bank based in Queens, New York is advertising one of the highest CD rates currently available. Marathon Bank is offering 1 month bank CD rates at 0.74 percent with a bank CD yield of 0.74 percent. That rate is better than most 12 month CD rates available right now. If you haven't head of Marathon Bank, they have been in business since 1989 and their deposit accounts are insured by the FDIC.
Looking for the best CD rates? Use our rate tables at CDRates.MonitorBankRates.com to find CD rates in your area. Marathon Bank is also advertising regular CD rates, jumbo CD rates and Individual Retirement Account (IRA) CD rates. The minimum opening deposit for regular CDs and IRA CDs is $1,000. Jumbo CDs have a minimum opening balance of $100,000. Marathon Bank's long term certificate of deposit rates are pretty good deals as well. The current 5 year CD interest rate is 2.23 percent with a CD yield of 2.25 percent. Although the bank's 5 year rate is one of the higher 5 year rates available we wouldn't recommend investing in long term CD rates right now since rates will be heading higher this year. CD Rates Marathon BankCD Rates, IRA CD Rates and Jumbo CD Rates
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