币界网报道：Northern Bank Direct is offering a 4.60% APY on a 1-month CD, capitalizing on the Federal Reserve's recent rate pause. The promotional rate, available until September 30, requires a minimum deposit of $1,000 and is significantly higher than the national average for similar short-term CDs. Analysts suggest this move reflects competitive positioning among online banks to attract deposits amid fluctuating interest rate expectations. The Fed's decision to hold rates steady has prompted financial institutions to adjust short-term product offerings, with Northern Bank Direct's CD standing out for its above-market yield. Customers must act quickly, as the bank reserves the right to modify or withdraw the offer before the deadline.