Since BankAround is the place to compare bank interest rates nationwide, every month the BankAround blog will bring you a roundup of the best interest rates nationally. Here are the top CD rates and savings account interest rates for January 2009. Do you know of a higher rate that we have missed? Let us know!

Top CD Rates

• 4.75% APY CD (36-60 month) at PenFed Credit Union. $1,000 minimum.
• 4.16% APY CD (12 month) at Nexity Bank. $1,000 minimum.
• 4.01% APY CD (6 month) at Ascencia Bank. $500 minimum.
• 4.07% APY CD (12 month) at Energy Credit Union. $1,000 minimum.
• 4.80% APY CD (72 month) at Huntington Bank. $50,000 minimum.

Top Savings Rates

• 4.00% APY at Dollar Direct. $1,000 minimum.
• 3.06% APY at WTDirect. $10,000 min. balance required after 90 days.
• 3.01% APY at E*Trade. No minimum.
• 2.80% APY at FNBO Direct. No minimum.

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