AIG Bank CD Rates

AIG Bank is offering some of the best CD rates available these days. AIG bank is the banking division of the insurance giant AIG. The insurance company had to be rescued by the U.S. government late last year.

The banking division is probably trying to build their cash reserves which is why its offering some of the highest cd rates available. Certificate of deposit accounts and all deposit accounts are insured by the FDIC.

The bank’s current six months certificate of deposit rate is 1.44 percent with an annual percentage yield of 1.45 percent, a rate that is one of the top cd rates around. The rate is also a lot higher than the national average 6 months CD Rate of 0.82 percent.

12 months certificate of deposits are currently earning a CD rate of 1.88 percent and an annual percentage yield of 1.90 percent. Average CD rates for a 12 month CD is at 1.104 percent as of today. Ally Bank is also offering a rate of 1.88 percent.

Other AIG Bank certificate of deposit rates include their 18 month CD with a rate of 1.93 percent and an APY of 1.95 percent. The 24 months certificate is earning a rate of 2.18 percent with an APY of 2.20 percent. The 36 months certificate of deposit rate is 2.47 percent and the APY is 2.50 percent. Five year CDs earn a rate of 3.00 percent and an APY of 2.05 percent.

AIG Bank Certificate of Deposit Rates