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KeyDirect – 4.50% APY 23 Month CD

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KeyDirect is offering a 23-month CD with a yield of 4.50% APY. The minimum deposit is $5,000.

The CDs may be opened online at KeyDirect for people who live in 37 states and in DC which don’t have KeyBank branches. In the other states, you have to open CDs through Key Bank. KeyBank is based in Cleveland, Ohio.

Keybank also has relatively healthy financials. BauerFinancial gives them 4 stars (excellent) based on 3/31/08 data. KeyDirect and Key Bank are both FDIC insured.

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2 Comments on “KeyDirect – 4.50% APY 23 Month CD”

  • August 4, 2008

    is this service available to individuals from the UK

  • Chris
    November 17, 2008

    Personally with today’s financial crisis, I would not tie up my funds for 23 months in a CD when banks like VentureBankDirect.com offer a 3.8% APY for online savings accounts. The account is liquid, and there is no minimum balance.

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