Are you looking for a high yield CD? Ally Bank's 1 Yr High Yield CD might offer the rate and features you are looking for. Ally Bank CD terms are available from 3 months to five years. The Ally High Yield CD has no monthly charges, and while other banks compound interest monthly, quarterly or even annually, Ally compounds your interest daily. However, the important thing to compare is the APY because it already takes into account the compounding effect. If you find a product offering a … [Read more...]