Countrywide Bank currently holds the spot for the best 1 year CD rate, at a high 5.75% APY. Countrywide also offers some pretty high CD rates for some other maturities, including a 5.55% APY 6 month certificate, and a 5.50% APY 9 month certificate. Countrywide also offers the same rates on IRA CDs. Minimum deposit to open a CD account is $10,000; minimum deposit for IRA certificates is $2,500.

Countrywide has recently had some financial problems, so it may not be wise to bank more than $100,000 with them in a single account. This may also be part of the reason why they are offering such high rates on their deposits. Countrywide is FDIC insured, and it’s routing number is 056009110.