"High-Yield CD and Savings Account Rates: Lock in Now for Up to 7% APY"

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Source: CBS News
"High-Yield CD and Savings Account Rates: Lock in Now for Up to 7% APY"
Photo: CBS News
TL;DR Summary

While it may be difficult to find a CD with a rate above 7%, it is not impossible. Alpena Alcona Area Credit Union in Michigan is currently offering a 7.19% APY on a 7-month CD, but this offer is limited to individuals who meet specific criteria. Other financial institutions such as Truliant Federal Credit Union, Credit Human Federal Credit Union, TotalDirectBank, and Merrick Bank also offer competitive CD rates ranging from 5.67% to 6.25% APY.

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