5.60% 6-Month CD at a Virginia Bank (Millennium Bank)

Millennium Bank is offering three high yield certificates of deposit. These include a 5.60% APY 6-month CD, a 5.65% APY 14-month CD and a 5.70% APY 2-year CD. All have a minimum deposit of $1K. Application can be done online. Credit for finding this deal goes to the FW CD thread.

I had last reported on Millennium Bank in March 19th when it was offering a a 5% 6-month CD. It's apparent that rates have risen fast in the last 4 months.

Millennium Bank has branches in Richmond and in several cities in Northern Virginia.

This Millennium Bank should not be confused with the offshore non-FDIC Millennium Bank that I posted on last October. This Virginia Millennium Bank is a US bank that is FDIC insured.