You Could Earn $400 (or More) if You Invest in This CD

All CDs are not created equal. Deagreez/Getty Images If you're thinking of opening a certificate of deposit, it pays to shop around. Big banks aren't the only places that offer great rates -- you can often find top APYs by expanding your search to online banks and credit unions. Right now, the highest APY for CDs we track at CNET is 4.40%, and it's offered by CommunityWide Federal Credit Union's one-year CD. To give you an idea of how much that can net you, here's a look at your interest earnings if you deposit different amounts into this account. Read more: Best CD Rates for May 2025: Boost Your Savings With APYs as High as 4.50% How much you could earn with CommunityWide Federal Credit Union's 1-year CD Your returns will vary based on how much you put into this CD. The minimum deposit CommunityWide Federal Credit Union requires is $1,000, so here's how much you could earn with that and some other amounts. Term Amount deposited APY Interest earned Balance at maturity 1-year $1,0 ... Read full article.