5.30% 12-Month CD at GMAC Bank and AmTrustDirect

Seems like one year CD rates have been rising the most this week. GMAC Bank and AmTrustDirect just came out with new CD rates, and both now have 5.30% APY 12-month CDs. These banks join with Corus Bank for the nation's top 1-year CD APY of 5.30%. AmTrustDirect also increased the 6-month CD APY to 5.15% which also matches Corus Bank.

AmTrustDirect CD Rates:
Term        Old APY    New APY  Change
6 months    5.10%      5.15%    +0.05
9 months    5.15%      5.20%    +0.05
12 months   5.25%      5.30%    +0.05
18 months   5.25%      5.30%    +0.05
24 months   5.25%      5.30%    +0.05
30 months   5.25%      5.30%    +0.05
36 months   5.25%      5.30%    +0.05
60 months   5.25%      5.30%    +0.05

GMAC Bank CD Rates:
Term        Old APY    New APY  Change
3 months    4.80%      4.85%    +0.05
6 months    5.10%      5.10%
9 months    5.13%      5.15%    +0.02
12 months   5.25%      5.30%    +0.05
18 months   5.25%      5.30%    +0.05
2 years     5.25%      5.30%    +0.05
3 years     5.25%      5.30%    +0.05
4 years     5.30%      5.30%
5 years     5.30%      5.30%

Please refer to my AmTrustDirect post and GMAC post last Friday for more info and rate history of these banks.