IndyMac Bank CD Updates

Best CD Rates — Sun, 16 Mar 2008 03:31:25 +0000

Indymac Bank made some big changes on its Internet CD rates. The yields on all of the terms under one year (even the 4-month Internet Special) are now under 3%. However, they did raise the yield on the 12 and 18 month CDs. Both now have a competitive yield of 4.05% APY.

For those who have CDs maturing at Indymac, be sure you don’t let the CDs automatically renew. About 6 months ago, Indymac was offering 6-month CD yields of 5.70%. If you opened one of these last year and now let it automatically renew, you’ll be stuck with their new low rate of only 2.75% APY.

Indymac Bank Top CD Rates

Best CD Rates — Thu, 29 Nov 2007 00:03:52 +0000

IndyMac Bank is currently offering some very competitive short term rates, with 5.00% APY for their 3 month CD and 5.05% APY for their 6 month CD. IndyMac has always had some of the highest CD rates available online, but recently after the fed rate cuts they have dropped their rates significantly.

Minimum balance on internet certificates is $5,000. Terms range from 90 days to 5 years. A penalty with be incurred for early withdrawal. Indy Mac Bank is FDIC insured.

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IndyMac Bank CD Updates

Indymac Bank Top CD Rates