Short-term CDs up to 4.25% at Sovereign Bank
Sovereign Bank has two competitive short-term CDs available. The first is a 9-month CD yielding 4.00% APY, and the other is a 1-year CD yielding 4.25% APY. Both CDs have a minimum deposit of $500 and a maximum of less than $500,000. Soverign Bank also has a high savings rate available: Their Money Market Savings Account is yielding 3.75% APY for amounts $75,000 or greater and yielding 3.00% APY starting at $25,000.
Sovereign Bank has 750 branches throughout the Northeast, including over 30 branches in Connecticut.
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