US Bank

US Bank is a reputable financial institution that offers CD accounts with competitive rates and flexible terms. US Bank CD rates vary depending on the term length and the amount deposited. Generally, the longer the term length and the higher the deposit amount, the higher the interest rate. For example, as of my knowledge cutoff date in September 2021, US Bank offered a 12-month CD with a 0.05% APY for deposits less than $10,000 and a 0.15% APY for deposits over $10,000.

US Bank CD accounts are FDIC insured up to the maximum allowed by law, currently $250,000 per depositor, per insured bank. Withdrawals from a CD account before the end of the term may result in penalties, so it is important to carefully consider the term length before opening a CD account.