5.50% 7-Month CD at an Indiana Bank (Monroe)

Monroe Bank is offering a special 5.50% APY 7-month certificate of deposit. The minimum deposit is $1,000. There's also a special 13-month CD with a yield of 5.40% APY.

Branches are located in the Indiana cities of Bloomington, Bedford, Carmel, Brownstown and Avon. Carmel and Avon are in the suburbs of Indianapolis. The bank has been FDIC insured since 1934.

Tags: Indiana, CD rates, Monroe Bank