Mutual Bank is offering a high 12 month 5.75% APY CD and a minimum deposit of $2,500. The drawback to this certificate is that it can only be opened via mail or in person. Here are some of the details:

• Interest compounded monthly
• Available as an IRA CD
• No hard credit pull required
• 90 day early withdrawal penalty for all terms
• Online banking can be set up after the CD is opened
• You can open by mail or at one of Mutual Bank’s physical branches
• Requires written instructions to close the CD at maturity

Visit their website for more details on locking in this great CD rate.