Dedicated to Deposits: Deals, Data, and Discussion

E-LOAN Raises CD Rates - One Year CD Now 5.45%

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E-LOAN.com
E-LOAN increased rates on several of its CD terms today. The largest increase was to the rate of the 1-year CD. It's now at 5.45% APY (up from 5.31% APY). The savings account yield remains at 5.25% APY where it has been since E-LOAN lowered the rate in January.

E-LOAN Certificate of Deposit Rate Changes

Term Old APY New APY
All Tiers All Tiers
6-month 5.36% 5.39%
12-month 5.31% 5.45%
18-month 5.26% 5.31%
2-year 5.21% 5.26%
3-year 5.16% 5.26%
4-year 5.16% 5.26%
5-year 5.33% 5.41%

These new yields apply to initial deposits from $10K and more. For awhile E-LOAN had higher CD rates on balances of $50K and above. Recently, all balances have had the same rates.

E-LOAN is a subsidiary of Banco Popular North America (BPNA), a New York state chartered bank insured by the FDIC (FDIC Certificate # 34967).

  Tags: CD rates, E-LOAN.com

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Comments
Comment #1 by Anonymous posted on
Anonymous
sweet...I have all my money sitting in their savings but i might put half of it in the 1 year CD now...

1