Washington Mutual recently increased their one-year (and 13 month) Certificate of Deposit rates to 4.50% APY, which appears to be in lock-step with their 3.75% APY online savings account. WaMu has been in the news lately for liquidity issues, an acute problem that brought down other banks recently, but they are FDIC insured up to the standard $100,000 so you won’t have to worry about losing anything.
Hat tip to Bank Deals!
Tags: Certificates of Deposit, Washington Mutual
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