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Flagstar Bank 12 Month CD Yield of 1.55%

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Flagstar Direct is offering one of the best 12 month CD rates available today. The current 12 month CD rate is 1.54 percent with an annual percentage yield of 1.55 percent. The bank's yield is one of the highest 12 month CD rates available right now and tops our 12 month CD rate list.

Flagstar Direct's 12 month CD rate is also higher than the current national average 12 month CD rate of 0.83 percent. The minimum opening certificate of deposit balance at Flagstar Direct is $500.

In addition to having some of the highest CD yields available today Flagstar Direct also is advertising a money market account and a Flagstar Direct checking account.

The current money market account has an APY of 1.06 percent for account balances of $0 to $99,999.  MMA account balances of $100,000 or more earn an APY of 1.20 percent.

The current Flagstar Direct checking account has an APY of 0.85 percent.

Author: Brian McKay
July 19th, 2010