5.50% 6-Month CD at a Virginia Bank

Access National Bank is offering a 5.50% APY 6-month certificate of deposit. The minimum is $10K.

The bank provides an online application for opening CDs and other accounts. However, the bank only accepts applications within their primary service area, which consists of Virginia, Maryland and Washington DC. The online application allows you to fund the CD with an ACH electronic transfer, a wire transfer, or by mailing a check. I also noticed in the application a checkbox that stated: "I authorize Access National Bank to obtain a copy of my current credit report as a condition of acceptance of this application and for the purpose of extension of or renewal of credit." This could be a hard credit pull.

The bank has branches in Virginia near Washington DC.

This CD just tops out Etrade's 6-month 5.46% APY CD (post). For those in Texas, Citibank has the best deal with a 6% APY 6-month CD (post).