Corus Bank CD Rates are offered in two different term CDs.  Corus Online Banking offers a 6 month CD and a 12 month certificate of deposit.  It is surprising that Corus Bank is focusing on short-term CDs, but at least it is offering competitive current CD rates.  In looking at the Corus Bank CD Rates, we have found that they offer some of the best CD rates for 6 month CDs and 12 month CDs.

6 Month Corus Bank CD Rates

6 month Corus Bank CD Rates are currently being offered at a rate of 2.31% with the APY being at 2.34%. This is a nice option available to all of you short-term investors.  If you think that interest rates are going to improve within 6 months, these short-term cd rates are attractive.

12 Month Corus Bank CD Rates

12 month Corus Bank CD Rates are currently being offered at a rate of 2.79% with the APY being 2.83%.  I have seen higher 12 month CD rates, but not by much.  For a short-term CD, 2.83% cd interest rates are not bad.

Corus Bank Minimum Deposits

Corus Bank has higher minimum deposit requirements than a lot of banks we cover here at High CD Rates.  Corus Bank is currently requiring a minimum deposit of $10,000.00 to purchase a certificate of deposit.

Corus Online Banking FDIC Insured CDs

Corus Online Banking is insured by the FDIC.  I would never purchase a certificate of deposit that was not covered by FDIC insurance.  If you are going to settle for the relatively low return on investment that CDs provide, you need to know that your money will be protected in the case of a bank failure.

Corus Bank Online offers great rates on its 6 month CDs and 12 month CDs.  However, CD interest rates are very volatile in todays banking marketing so be sure to check the Corus online banking web site, as CD rates change often.