Eloan CD Rates

E-loan has a CD rate of 1.26 percent annual percentage yield (APY) for a 1-year term. The interest rate on this certificate of deposit is current as of June 1, 2011, and can change at any time. Other online CD rates and terms include:

  • 1.05 percent APY for 9 months
  • 0.75 percent APY for 18 months
  • 1 percent APY for 2 years
  • 1.15 percent APY for 3 years
  • 1.35 percent APY for 4 years
  • 1.9 percent APY for 5 years
  • 2 percent APY for 6 years

Shorter certificate of deposit terms than those listed are also available. You’ll need a minimum of $10,000 to open a certificate of deposit at E-loan. The CD rates assume that the principal and interest will remain on deposit for the full term. Early withdrawal of funds results in a penalty fee.

E-loan also has an online savings account with tiered savings rates. The rates include:

  • 0.2 percent APY for balances of $5,000 to $9,999
  • 0.5 percent APY for $10,000 to $24,999
  • 0.55 percent APY for $25,000 to $49,999
  • 0.6 percent APY for $50,000 to $99,999
  • 0.65 percent APY for $100,000 and up

E-loan offers banking services nationwide. It is a wholly-owned subsidiary of Banco Popular North America. Accounts are insured by the Federal Deposit Insurance Corp.

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