Business CD rates are the main factor behind the increased or decreased investments in any bank or financial institutions. Banking industry in the United States does not offer any fixed CD rates and this is the case in other parts of the world as well. They keep on changing depending on market conditions and regulatory changes.

CD rates for business as of January 14, 2010 are relatively higher as compared to past rates. For one year term, Colorado Federal Savings Bank is offering the highest APY for a minimum investment of $5,000. It is offering an APY of 2.00% at this investment. Charlotte, North Carolina-based newdominionDIRECT.com is second with an APY of 1.92%. It requires a minimum investment of $3,000.

Ascencia, a div. of PBI Bank is currently offering the third best rates with an APY of 1.91% at a minimum investment of $500.

For 3-year investments, Discover Bank offers the best APY of 2.50% with a minimum deposit of $2,500. Ally Bank offers an APY of 2.49% and does not have any minimum deposit requirements. Aurora Bank, FSB offers an APY of 2.42% with a minimum deposit requirement of $1,000.

For 5-year CDs, Capital One Direct Banking offers the highest APY of 3.25% for a minimum deposit of $5,000. Discover Bank also offers the same APY but has a lower requirement of minimum deposit at $2,500. Ally Bank does not ask its customers to have a minimum deposit and offers an APY of 3.10%.

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