After getting a boost in yield this summer, E Loan CD rates with maturities that range from one year to five years are now crushing the competition.  With a wide range of CD account terms to choose from, savers and investors have a several different options for higher rates of return with E Loan CD products.

The chart topping CD rates available through E Loan include a one year certificate of deposit with a rate of 1.30%, a two year certificate that earns 1.52%, a three year CD account the has an interest rate of 1.85%, a four year term CD that has rate of return at 2.00%, and a five year CD that yields 2.45%.  Many of these rates are not only the leaders among their respective terms but are some of the highest yields advertised for those terms offered this year.

The APYs (annual percentage yields) for the certificate of deposit (CD) accounts are effective as of 7/31/2015 and subject to change without notice.  There is a $10,000.00 minimum opening account deposit and balance requirement needed to earn the advertised rates.  The APYs listed assumes principal and interest remain on deposit until maturity.  A penalty will be imposed for early withdrawal.

E Loan offers a wide variety of federally insured, high-interest savings accounts.  The savings products offered through the financial institution can be useful tools that can help account holders grow their savings and meet their financial goals.  Customers can choose from several different CD terms, ranging from one month to six years, not just the ones with the best CD rates currently marketed by the institution.

The E Loan CD accounts and rates listed are for traditional CDs that allow the account holder the ability to earn money on a fixed rate for the certificate’s term.  Investing in one of the mid-term or long term certificate of deposit can be a prudent move for savers or those just looking for added diversification.

All of the CD accounts and deposit products offered through E-Loan are opened through its parent company, Banco Popular North America.  Banco Popular is a New York state chartered bank and FDIC insured financial institution.  The FDIC insurance certificate number for Banco Popular North America is 34967.  More information about the bank CD rates and account information can be obtained by visiting the E Loan web site at eloan.com or by calling the customer service number at 1-866-576-7283.

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