Greystone Bank out of Raleigh, North Carolina, is offering a 5 year CD rate of 2.22 percent with an annual percentage yield of 2.25 percent. The minimum opening deposit is $50,000. While that CD rate isn’t one of the best CD rates rates available it is still very competitive.

CD interest is compounded daily and paid quarterly. The maximum amount for an early withdrawal penalty is only 3 months of interest, which isn’t bad on a 5 year certificate of deposit.

Here is a current list of CD rates and CD yields at Greystone Bank

6 Months .42% .42% 
1 Year .519% .52% 
18 Months .638% .64% 
2 Years 1.272% 1.28% 
3 Years 1.686% 1.7% 
4 Years 1.981% 2% 
5 Years 2.226% 2.25%

All deposits are insured by the FDIC for up to $250,000.