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OneWest Bank’s 6 month online certificate of deposit

July 12th, 2009 Posted in bank CD rates

OneWest Bank (formerly IndyMac Bank) has a decent rate on their 6 month online certificate of deposit. Currently they are offering customers nationwide a 6 month CD yielding 1.90% APY but with a hefty minimum deposit of $5,000. You know it’s looking pretty bleak when the best 6 month CD rates we find are yielding less than 2.0% APY. If you know of a better rate (even if it’s not nationally available) please let us know!

OneWest Bank’s Current Rates:

(as seen on their rates page)

  • 3 month CD yielding 1.15% APY
  • 9 month CD yielding 1.75% APY (you’re better off taking the 6 month promo online CD)
  • 1 year CD yielding 2.25% APY
  • 18 month CD yielding 2.30% APY
  • 2 year CD yielding 2.45% APY
  • 3 year CD yielding 2.80% APY
  • 5 year CD yielding 3.50% APY

All of their certificate of deposit products are available online and to anyone within the country. The rates aren’t that spectacular, but if you are looking for a short term CD then the 6 month promo may be your best bet. Compare certificate of deposit rates.



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