U.S. banks offer high yields on short-term CDs


By Jonathan Stempel NEW YORK, Sept 25 (Reuters) - Not even a nationwide banking crisis has stopped some of the largest U.S. lenders from offering big yields to attract depositors. Banks including GMAC LLC's [CBS.UL] GMAC Bank, Wachovia Corp and Washington Mutual Inc are offering yields above 4 percent on certificates of deposit maturing within a year. WaMu, the embattled savings and loan, offers one of the highest yields around -- 5 percent on a 12-month CD. Lenders view deposits as ...

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