Frontier Bank, a West Washington commercial bank and operated more than 50 branches, is offering a 2.6% APY 24-month CD. That's currently the best 24-month CD rate according to the BestCashCow rate tables.
The CD is nationally available and can be opened online.
While the rate is great, Frontier Bank is suffering. The bank has a rating of 0 our of 5 stars for its safety and soundness. The bank's stock is currently trading at $.77 and had a 52-week high of $20.99.
If you decide to deposit your money in Frontier, be sure to stay below FDIC insurance limits.
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