Bank of Choice just increased the yield of its special 13-month CD from 5.75% to 6.00% APY. The minimum deposit is $1,000. The special 7-month CD still has the 5.45% APY. Both have an Add-On feature that allows additional deposits of $500 or more to be made during the term. There's also a 5.61% APY 6-month CD without that Add-On feature. Please refer to the CD page for more info. A link to the pdf rate table is located in this page.
Last week I had posted on this special when the 13-month CD was 5.75% APY. It's a nice surprise to see them raising it to 6%.
This seems to be a local deal that requires a branch visit. Branches are located in Northern Colorado and in the Denver Metro area. The bank has separate FDIC insurance for these two parts (FDIC Cert # 2994 and FDIC Cert # 34502).
Thanks to the reader who mentioned this new rate in my previous post on this bank.