Customers who are searching for short-term CDs should take a look at Lakeside Bank’s 6 month CD rate offer. It’s a 6 month branch manager’s special CD at 2.10%APY.

Lakeside Bank based in Chicago is a locally-owned community-oriented bank with 40+ years of history.

HSBC is offering savers a 12-month CD rate of 2.30%APY. Ideal for short-term investors, this 12-month CD rate is available online and for a limited time only. The minimum opening balance to earn the stated rate is $1,000.

Please note that a penalty may be imposed for early withdrawal so it’s best that extra funds be allocated for this purpose otherwise the interest income will just eat up your penalty for withdrawal.

The rate offered is accurate as of March 22, 2009 but the bank may change it anytime.