Various nationwide banks and credit unions have CDs offering above 5% APY.
CD rates on terms of 18 months or less are currently higher than longer-term CD rates.
Certificates of deposit with at least 5% interestThe following list features financial institutions with CDs paying at least 5% APY.
This list specifically includes 3-month, 6-month, 12-month, and 18-month terms because short-term CD rates are currently higher than long-term CD rates.
CDs are a type of bank account, so up to $250,000 is secure per depositor at an FDIC- or NCUA-insured financial institution.
Organizations:
Forbright Bank, TotalDirectBank, Bank5, Bread Savings