5.70% 30-Month CD at a Maryland Bank (Howard)

Howard Bank is offering a special 5.70% APY 30-month certificate of deposit. The minimum is $500, and it's available as a regular or IRA CD. There's a bump-up feature that permits a one-time rate adjustment anytime during the original term. The early withdrawal penalty is 6 months of interest.

Branches are located in Columbia, Ellicott City and Laurel, Maryland. I've sent them a message asking about out-of-state CD applications.

The bank has been FDIC insured since 2004. It has a safe and sound rating of 3 out of 5 stars (performing) at Bankrate.com.

Thanks to the reader who emailed me this CD info.