4.30% APY
1 year
N/A
$500
A key differentiator for CFG Bank is its low minimum deposit requirement of just $500, combined with a competitive 4.30% APY for the 1-year CD. This makes it an excellent choice for new savers looking to start investing.
Pros:
- Low minimum deposit
- Competitive APY
Cons:
- Limited term options
In conclusion, CFG Bank's Certificates of Deposit offer an attractive 4.30% APY with a low minimum deposit of $500, making it an ideal option for new savers and those seeking a secure way to grow their savings over a one-year term. It's a smart choice for anyone looking to balance accessibility with competitive returns.
