New Rates at Corus, VirtualBank, UFB Direct

Corus Bank's CD streak continues. Every Tuesday for the last several weeks, their 6-month and 1-year CD rates have increased. Today, both the 6-month and 12-month CD rates increased by 0.05%. The new APYs are 5.30% and 5.45%. At the start of this year, their 6-month and 12-month CDs had APYs of 4.65% and 4.84%. If interest rates continue to rise for the rest of this year like they have for these first 5 months, we should be seeing a 6% 6-month CD at Corus by year end.

Not everything went up today at Corus. The yield on their money market account went down from 4.84% to 4.81%. It should be noted that this account is indexed to the 91-day US Treasury Bill discount rate.

UFB Direct had several rate increases. The APYs on their 3-month, 6-month and 12-month CDs are now 5%, 5.30% and 5.40%. Also, their Jumbo money market account yield is up to 4.91% APY (requires $50K balance).

Virtual Bank increased the rate on their 3-month CD. The APY is now 5.02% (up from 4.90%). All other rates remain the same including their 4.60% APY savings account (refer to this post for more info on VirtualBank).

Thanks to newlybornfirestarter who mentioned these rate updates in the finding deals post.