Here are lists of the top 5 CD rates in New York City, Los Angeles, Chicago, Houston and Phoenix.

Top 5 CD Rates – New York City

1. Eastbank  1.88% APY Min $2500   
2. Broadway National Bank  1.87% APY Min $500     
3. Bay Ridge Federal Credit Union  1.75% APY Min $500     
4. UFB Direct  1.71% APY Min $8000     

Three banks were tied for 5th place

• Tennessee Commerce Bank  1.70% APY Min $2500    
• Maspeth Federal S&L  1.70% APY Min $1500  
• Discover Bank  1.70% APY Min $2500

Top 5 Bank CD Rates – Los Angeles

• First Federal Bank of California  1.75% APY Min $10000 
• UFB Direct  1.71% APY Min $8000
• Tennessee Commerce Bank  1.70% APY Min $2500     
• Discover Bank  1.70% APY Min $2500    
• Ally Bank 1.64% APY Min $ 1 1.64%

Top 5 CD Rates at Banks – Chicago

• UFB Direct  1.71% APY Min $8000    
• Tennessee Commerce Bank  1.70% APY Min $2500  
• Discover Bank  1.70% APY Min $2500     
• Ally Bank  1.64% APY Min $ 1   
• Giantbank.com  1.61% APY Min $2500

Top 5 Highest CD Rates  – Houston

• UFB Direct  1.71% APY Min $8000    
• Tennessee Commerce Bank  1.70% APY Min $2500  
• Discover Bank  1.70% APY Min $2500     
• Ally Bank  1.64% APY Min $ 1   
• Giantbank.com  1.61% APY Min $2500

Top 5 Best CD Rates – Phoenix

• UFB Direct  1.71% APY Min $8000    
• Tennessee Commerce Bank  1.70% APY Min $2500  
• Discover Bank  1.70% APY Min $2500     
• Ally Bank  1.64% APY Min $ 1   
• Giantbank.com  1.61% APY Min $2500

Find the best CD rates in your city: Best CD Rates.