Sallie Mae Bank Lowers CD Rates

I had a feeling Sallie Mae Bank's 3% 5-year CD wasn't going to last much longer. Here are the new CD yields (old yields in parens):

• 2.90% APY 5-year CD (was 3%)
• 2.15% APY 3-year CD (was 2.30%)
• 1.45% APY 1-year CD (was 1.55%)