Corus Bank's 6-Month CD Almost Hits 5%

Corus Bank did its usual Tuesday rate updates. The 6-month CD was increased from 4.96% to 4.99% APY. The 12-month CD was increased from 5.15% to 5.18% APY. The minimum deposit for these is $10K.

Corus's money market account yield also had a slight increase from 4.60% to 4.65% APY.

It appears Corus has made some changes to its money market accounts. It use to have two accounts with two different rates. The Managed Money Market Account offered the lower rates and only required $10K to avoid fees. The Ultimate Money Market Account had little better rates but required $100K. Now there's no difference between the two, and only the Managed Money Market Account is being advertised. However, there is now an Ultimate Interest Checking Account that earns the same as the Managed Money Market but requires a $100K for this high rate.