UmbrellaBank.com has some of the highest IRA CD rates available, but their 5.40% 1 year APY rate is definitely the best deal on the block. Here are some details about UmbrellaBank’s offerings:

• Roth or Traditional
• Choose a term that best suits your needs – 1 Year, 18 Months, 2 Years, 30 Months, 3 Years or 5 Years
• Guaranteed fixed rate for the term of the CD
• Interest earned is tax-deferred or tax-free withdrawn
• Taxable income may be reduced
• FDIC Insured
• Online Statements
• Annual Fee of $10.00

Currently, the 1 year IRA CD rate is set at 5.40% APY while all the others (1.5 Year, 2 year, 2.5 year, 3 year, 5 year) are set at 4.75% APY.