Countrywide Bank currently has a 5.75% APY 12-month certificate of deposit for its financial centers in California. The minimum deposit is $10,000. You can see this rate by typing in a California zip code at Countrywide’s CD rate table.

Outside of California or through their website, the 12-month CD yield remains at 5.65% APY for deposits between $10k and $250k, and 5.75% APY for deposits of $250k and over.

With the issues Countrywide has been having in its mortgage business, it seems prudent to stay below the FDIC insurance limits. Note, there are many ways to extend your FDIC coverage over $100K. Countrywide Bank is FDIC insured.