CD Rates | Compare the Best CD Rates at Banks and Credit Unions

Compare the best CD rates at banks and credit unions. Listed below are the best banks CD rates and the highest credit union CD rates. The list of CD rates below are for a 1 year CDs. Change the search to display the CD rates for any certificate of deposit term.
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Goldman Sachs Bank  USA Logo
★★★★★  (5 out of 5)100
09/25/2017
 
Discover Bank Logo
★★★★★  (5 out of 5)100
09/25/2017
 
09/25/2017
Safe and Secure. FDIC Insured. 
Goldman Sachs Bank  USA Logo
★★★★★  (5 out of 5)100
09/25/2017
 
Goldman Sachs Bank  USA Logo
★★★★★  (5 out of 5)100
09/25/2017
 
Goldman Sachs Bank  USA Logo
★★★★★  (5 out of 5)100
09/25/2017
 
Goldman Sachs Bank  USA Logo
★★★★★  (5 out of 5)100
09/25/2017
 
Goldman Sachs Bank  USA Logo
★★★★★  (5 out of 5)100
09/25/2017
 
Discover Bank Logo
★★★★★  (5 out of 5)100
09/25/2017
 
Goldman Sachs Bank  USA Logo
★★★★★  (5 out of 5)100
09/25/2017
 
Discover Bank Logo
★★★★★  (5 out of 5)100
09/25/2017
 
Goldman Sachs Bank  USA Logo
★★★★★  (5 out of 5)100
09/25/2017
 
Popular Direct

★★★★★  (5 out of 5)100
5 Year CD with Popular Direct
2.400%
09/25/2017
2.390%
$10,000.00
We keep it simple and transparent. 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
5 Year CD with First Internet Bank of Indiana
2.300%
09/25/2017
2.280%
$1,000.00
 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
5 Year CD with M.Y. Safra Bank, FSB
2.260%
09/25/2017
2.240%
$5,000.00
 
Congressional Bank

★★★★  (4 out of 5)100
5 Year CD with Congressional Bank
2.250%
09/25/2017
2.230%
$25,000.00
Open a CD Online Today! Member FDIC. 
Third Federal Savings and Loan

★★★★  (4 out of 5)100
5 Year CD with Third Federal Savings and Loan
2.250%
09/25/2017
2.230%
$500.00
 
Northern Bank Direct

★★★★★  (5 out of 5)100
5 Year CD with Northern Bank Direct
2.200%
09/25/2017
2.200%
$500.00
 
VirtualBank

★★★★  (4 out of 5)100
5 Year CD with VirtualBank
2.220%
09/25/2017
2.200%
$10,000.00
FDIC Insured 
EverBank

★★★  (3 out of 5)100
5 Year CD with EverBank
2.200%
09/25/2017
2.180%
$5,000.00
 
Northern Bank Direct

★★★★★  (5 out of 5)100
4 Year CD with Northern Bank Direct
2.150%
09/25/2017
2.150%
$500.00
 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
4 Year CD with M.Y. Safra Bank, FSB
2.160%
09/25/2017
2.140%
$5,000.00
 
Home Savings Bank

★★★★  (4 out of 5)100
5 Year CD with Home Savings Bank
2.150%
09/25/2017
2.130%
$5,000.00
 
NBKC Bank

★★★★  (4 out of 5)100
5 Year CD with NBKC Bank
2.120%
09/25/2017
2.100%
$1,000.00
 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
4 Year CD with First Internet Bank of Indiana
2.070%
09/25/2017
2.050%
$1,000.00
 
Popular Direct

★★★★★  (5 out of 5)100
3 Year CD with Popular Direct
2.050%
09/25/2017
2.040%
$10,000.00
We keep it simple and transparent. 
Goldwater Bank

★★★  (3 out of 5)100
5 Year CD with Goldwater Bank
2.010%
09/25/2017
2.000%
$5,000.00
 
TAB Bank

★★★★  (4 out of 5)100
5 Year CD with TAB Bank
2.020%
09/25/2017
2.000%
$1,000.00
Member FDIC. Great Rates on Savings. 
Connexus Credit Union

★★★★  (4 out of 5)100
3 Year CD with Connexus Credit Union
2.000%
09/25/2017
1.990%
$5,000.00
Top Yield + Insured by NCUA = Safe & Sound Investment 
Connexus Credit Union

★★★★  (4 out of 5)100
5 Year CD with Connexus Credit Union
2.000%
09/25/2017
1.990%
$5,000.00
Top Yield + Insured by NCUA = Safe & Sound Investment 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
3 Year CD with M.Y. Safra Bank, FSB
2.010%
09/25/2017
1.990%
$5,000.00
 
giantbank.com

★★★★  (4 out of 5)100
5 Year CD with giantbank.com
2.010%
09/25/2017
1.990%
$2,500.00
 
Capital One 360 Bank

★★★★★  (5 out of 5)100
5 Year CD with Capital One 360 Bank
2.000%
09/25/2017
1.980%
$0.00
 
EverBank

★★★  (3 out of 5)100
4 Year CD with EverBank
2.000%
09/25/2017
1.980%
$5,000.00
 
Home Savings Bank

★★★★  (4 out of 5)100
4 Year CD with Home Savings Bank
2.000%
09/25/2017
1.980%
$5,000.00
 
Live Oak Bank

★★★★★  (5 out of 5)100
5 Year CD with Live Oak Bank
2.000%
09/25/2017
1.980%
$2,500.00
Member FDIC. No opening and maintenance fees. 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
3 Year CD with First Internet Bank of Indiana
1.940%
09/25/2017
1.920%
$1,000.00
 
EverBank

★★★  (3 out of 5)100
3 Year CD with EverBank
1.900%
09/25/2017
1.880%
$5,000.00
 
Live Oak Bank

★★★★★  (5 out of 5)100
4 Year CD with Live Oak Bank
1.900%
09/25/2017
1.880%
$2,500.00
Member FDIC. No opening and maintenance fees. 
My e-BAnC by BAC Florida Bank

★★★★  (4 out of 5)100
3 Year CD with My e-BAnC by BAC Florida Bank
1.900%
09/25/2017
1.880%
$1,500.00
Make sure to check our Jumbo Rates 
State Farm Bank

★★★★  (4 out of 5)100
5 Year CD with State Farm Bank
1.900%
09/25/2017
1.880%
$500.00
 
Luana Savings Bank

★★★★  (4 out of 5)100
5 Year CD with Luana Savings Bank
1.860%
09/25/2017
1.850%
$1,000.00
 
Northern Bank Direct

★★★★★  (5 out of 5)100
3 Year CD with Northern Bank Direct
1.850%
09/25/2017
1.850%
$500.00
 
Popular Direct

★★★★★  (5 out of 5)100
2 Year CD with Popular Direct
1.850%
09/25/2017
1.840%
$10,000.00
We keep it simple and transparent. 
Congressional Bank

★★★★  (4 out of 5)100
2 Year CD with Congressional Bank
1.850%
09/25/2017
1.830%
$25,000.00
Open a CD Online Today! Member FDIC. 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
2 Year CD with First Internet Bank of Indiana
1.810%
09/25/2017
1.800%
$1,000.00
 
NBKC Bank

★★★★  (4 out of 5)100
4 Year CD with NBKC Bank
1.810%
09/25/2017
1.800%
$1,000.00
 
Northern Bank Direct

★★★★★  (5 out of 5)100
2 Year CD with Northern Bank Direct
1.800%
09/25/2017
1.800%
$500.00
 
VirtualBank

★★★★  (4 out of 5)100
2 Year CD with VirtualBank
1.810%
09/25/2017
1.800%
$10,000.00
FDIC Insured 
Colorado Federal Savings Bank

★★★★  (4 out of 5)100
5 Year CD with Colorado Federal Savings Bank
1.800%
09/25/2017
1.780%
$5,000.00
 
EverBank

★★★  (3 out of 5)100
2 Year CD with EverBank
1.800%
09/25/2017
1.780%
$5,000.00
 
Live Oak Bank

★★★★★  (5 out of 5)100
3 Year CD with Live Oak Bank
1.800%
09/25/2017
1.780%
$2,500.00
Member FDIC. No opening and maintenance fees. 
Nationwide Bank

★★★★  (4 out of 5)100
2 Year CD with Nationwide Bank
1.800%
09/25/2017
1.780%
$500.00
Recognized By Bankrate.com For Having Top Tier CD Rates Q1 2016 
VirtualBank

★★★★  (4 out of 5)100
4 Year CD with VirtualBank
1.780%
09/25/2017
1.770%
$10,000.00
FDIC Insured 
Goldwater Bank

★★★  (3 out of 5)100
3 Year CD with Goldwater Bank
1.760%
09/25/2017
1.750%
$5,000.00
 
Luana Savings Bank

★★★★  (4 out of 5)100
4 Year CD with Luana Savings Bank
1.760%
09/25/2017
1.750%
$1,000.00
 
My e-BAnC by BAC Florida Bank

★★★★  (4 out of 5)100
2 Year CD with My e-BAnC by BAC Florida Bank
1.770%
09/25/2017
1.750%
$1,500.00
Make sure to check our Jumbo Rates 
TAB Bank

★★★★  (4 out of 5)100
4 Year CD with TAB Bank
1.770%
09/25/2017
1.750%
$1,000.00
Member FDIC. Great Rates on Savings. 
Home Savings Bank

★★★★  (4 out of 5)100
3 Year CD with Home Savings Bank
1.750%
09/25/2017
1.730%
$5,000.00
 
State Farm Bank

★★★★  (4 out of 5)100
4 Year CD with State Farm Bank
1.750%
09/25/2017
1.730%
$500.00
 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
2 Year CD with M.Y. Safra Bank, FSB
1.710%
09/25/2017
1.700%
$5,000.00
 
Discover Bank

★★★★★  (5 out of 5)100
4 Year CD with Discover Bank
1.700%
09/25/2017
1.690%
$2,500.00
Rates that consistently beat the competition. Open a CD today! 
Live Oak Bank

★★★★★  (5 out of 5)100
2 Year CD with Live Oak Bank
1.700%
09/25/2017
1.690%
$2,500.00
Member FDIC. No opening and maintenance fees. 
My e-BAnC by BAC Florida Bank

★★★★  (4 out of 5)100
18 Month CD with My e-BAnC by BAC Florida Bank
1.680%
09/25/2017
1.670%
$1,500.00
Make sure to check our Jumbo Rates 
EverBank

★★★  (3 out of 5)100
18 Month CD with EverBank
1.670%
09/25/2017
1.660%
$5,000.00
 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
18 Month CD with M.Y. Safra Bank, FSB
1.670%
09/25/2017
1.660%
$5,000.00
 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
18 Month IRA CD with First Internet Bank of Indiana
1.660%
09/25/2017
1.650%
$1,000.00
 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
18 Month CD with First Internet Bank of Indiana
1.660%
09/25/2017
1.650%
$1,000.00
 
Luana Savings Bank

★★★★  (4 out of 5)100
3 Year CD with Luana Savings Bank
1.660%
09/25/2017
1.650%
$1,000.00
 
TAB Bank

★★★★  (4 out of 5)100
3 Year CD with TAB Bank
1.660%
09/25/2017
1.650%
$1,000.00
Member FDIC. Great Rates on Savings. 
VirtualBank

★★★★  (4 out of 5)100
3 Year CD with VirtualBank
1.660%
09/25/2017
1.650%
$10,000.00
FDIC Insured 
5 Star Bank

★★★★  (4 out of 5)100
5 Year CD with 5 Star Bank
1.650%
09/25/2017
1.640%
$1,000.00
 
5 Star Bank

★★★★  (4 out of 5)100
4 Year CD with 5 Star Bank
1.650%
09/25/2017
1.640%
$1,000.00
 
EverBank

★★★  (3 out of 5)100
2.5 Year CD with EverBank
1.650%
09/25/2017
1.640%
$5,000.00
 
PurePoint Financial

★★★★  (4 out of 5)100
3 Year CD with PurePoint Financial
1.650%
09/25/2017
1.640%
$10,000.00
 
Sallie Mae

★★★★★  (5 out of 5)100
2 Year CD with Sallie Mae
1.650%
09/25/2017
1.640%
$2,500.00
 
Sandia Area Federal Credit Union

★★★★  (4 out of 5)100
4 Year CD with Sandia Area Federal Credit Union
1.650%
09/25/2017
1.640%
$500.00
 
ableBanking, a division of Northeast Bank

★★★★  (4 out of 5)100
4 Year CD with ableBanking, a division of Northeast Bank
1.650%
09/25/2017
1.640%
$1,000.00
$25 New Customer Gift to give to charity (501c3). FDIC insured. 
EverBank

★★★  (3 out of 5)100
1 Year CD with EverBank
1.620%
09/25/2017
1.610%
$5,000.00
 
My e-BAnC by BAC Florida Bank

★★★★  (4 out of 5)100
1 Year CD with My e-BAnC by BAC Florida Bank
1.620%
09/25/2017
1.610%
$1,500.00
Make sure to check our Jumbo Rates 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
5 Year CD with AloStar Bank of Commerce
1.610%
09/25/2017
1.600%
$1,000.00
 
Goldwater Bank

★★★  (3 out of 5)100
2 Year CD with Goldwater Bank
1.610%
09/25/2017
1.600%
$5,000.00
 
NBKC Bank

★★★★  (4 out of 5)100
3 Year CD with NBKC Bank
1.610%
09/25/2017
1.600%
$1,000.00
 
Connexus Credit Union

★★★★  (4 out of 5)100
2 Year CD with Connexus Credit Union
1.600%
09/25/2017
1.590%
$5,000.00
Top Yield + Insured by NCUA = Safe & Sound Investment 
Discover Bank

★★★★★  (5 out of 5)100
3 Year CD with Discover Bank
1.600%
09/25/2017
1.590%
$2,500.00
Rates that consistently beat the competition. Open a CD today! 
Pacific National Bank

★★★★  (4 out of 5)100
1 Year CD with Pacific National Bank
1.600%
09/25/2017
1.590%
$1,000.00
 
Sandia Area Federal Credit Union

★★★★  (4 out of 5)100
3 Year CD with Sandia Area Federal Credit Union
1.600%
09/25/2017
1.590%
$500.00
 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
1 Year CD with M.Y. Safra Bank, FSB
1.580%
09/25/2017
1.570%
$5,000.00
 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
1 Year CD with First Internet Bank of Indiana
1.570%
09/25/2017
1.560%
$1,000.00
 
VirtualBank

★★★★  (4 out of 5)100
18 Month CD with VirtualBank
1.570%
09/25/2017
1.560%
$10,000.00
FDIC Insured 
Luana Savings Bank

★★★★  (4 out of 5)100
2.5 Year CD with Luana Savings Bank
1.560%
09/25/2017
1.550%
$1,000.00
 
VirtualBank

★★★★  (4 out of 5)100
1 Year CD with VirtualBank
1.560%
09/25/2017
1.550%
$10,000.00
FDIC Insured 
giantbank.com

★★★★  (4 out of 5)100
2 Year CD with giantbank.com
1.560%
09/25/2017
1.550%
$2,500.00
 
giantbank.com

★★★★  (4 out of 5)100
3 Year CD with giantbank.com
1.560%
09/25/2017
1.550%
$2,500.00
 
Discover Bank

★★★★★  (5 out of 5)100
2.5 Year CD with Discover Bank
1.550%
09/25/2017
1.540%
$2,500.00
Rates that consistently beat the competition. Open a CD today! 
State Farm Bank

★★★★  (4 out of 5)100
2.5 Year CD with State Farm Bank
1.550%
09/25/2017
1.540%
$500.00
 
EH National Bank

★★  (2 out of 5)100
5 Year CD with EH National Bank
1.510%
09/25/2017
1.510%
$10,000.00
 
TAB Bank

★★★★  (4 out of 5)100
2 Year CD with TAB Bank
1.510%
09/25/2017
1.500%
$1,000.00
Member FDIC. Great Rates on Savings. 
Capital One 360 Bank

★★★★★  (5 out of 5)100
4 Year CD with Capital One 360 Bank
1.500%
09/25/2017
1.490%
$0.00
 
Discover Bank

★★★★★  (5 out of 5)100
2 Year CD with Discover Bank
1.500%
09/25/2017
1.490%
$2,500.00
Rates that consistently beat the competition. Open a CD today! 
Home Savings Bank

★★★★  (4 out of 5)100
2 Year CD with Home Savings Bank
1.500%
09/25/2017
1.490%
$5,000.00
 
Live Oak Bank

★★★★★  (5 out of 5)100
18 Month CD with Live Oak Bank
1.500%
09/25/2017
1.490%
$2,500.00
Member FDIC. No opening and maintenance fees. 
NewDominion Bank

★★  (2 out of 5)100
2 Year CD with NewDominion Bank
1.500%
09/25/2017
1.490%
$1,000.00
Achieve Rapid Growth Results w/Our Rates! Open Online-Member FDIC 
PurePoint Financial

★★★★  (4 out of 5)100
2 Year CD with PurePoint Financial
1.500%
09/25/2017
1.490%
$10,000.00
 
Sallie Mae

★★★★★  (5 out of 5)100
1 Year CD with Sallie Mae
1.500%
09/25/2017
1.490%
$2,500.00
 
Bangor Savings Bank

★★★★  (4 out of 5)100
5 Year CD with Bangor Savings Bank
1.460%
09/25/2017
1.450%
$500.00
 
Luana Savings Bank

★★★★  (4 out of 5)100
2 Year CD with Luana Savings Bank
1.460%
09/25/2017
1.450%
$1,000.00
 
TAB Bank

★★★★  (4 out of 5)100
18 Month IRA CD with TAB Bank
1.460%
09/25/2017
1.450%
$1,000.00
Member FDIC. Great Rates on Savings. 
TAB Bank

★★★★  (4 out of 5)100
18 Month CD with TAB Bank
1.460%
09/25/2017
1.450%
$1,000.00
Member FDIC. Great Rates on Savings. 
5 Star Bank

★★★★  (4 out of 5)100
3 Year CD with 5 Star Bank
1.450%
09/25/2017
1.440%
$1,000.00
 
PurePoint Financial

★★★★  (4 out of 5)100
18 Month CD with PurePoint Financial
1.450%
09/25/2017
1.440%
$10,000.00
 
Sandia Area Federal Credit Union

★★★★  (4 out of 5)100
18 Month CD with Sandia Area Federal Credit Union
1.450%
09/25/2017
1.440%
$500.00
 
State Farm Bank

★★★★  (4 out of 5)100
3 Year CD with State Farm Bank
1.450%
09/25/2017
1.440%
$500.00
 
Goldwater Bank

★★★  (3 out of 5)100
18 Month CD with Goldwater Bank
1.410%
09/25/2017
1.400%
$5,000.00
 
Nationwide Bank

★★★★  (4 out of 5)100
1 Year CD with Nationwide Bank
1.410%
09/25/2017
1.400%
$500.00
Recognized By Bankrate.com For Having Top Tier CD Rates Q1 2016 
Colorado Federal Savings Bank

★★★★  (4 out of 5)100
18 Month CD with Colorado Federal Savings Bank
1.400%
09/25/2017
1.390%
$5,000.00
 
Connexus Credit Union

★★★★  (4 out of 5)100
1 Year CD with Connexus Credit Union
1.400%
09/25/2017
1.390%
$5,000.00
Top Yield + Insured by NCUA = Safe & Sound Investment 
Discover Bank

★★★★★  (5 out of 5)100
18 Month IRA CD with Discover Bank
1.400%
09/25/2017
1.390%
$2,500.00
Rates that consistently beat the competition. Open a CD today! 
Discover Bank

★★★★★  (5 out of 5)100
18 Month CD with Discover Bank
1.400%
09/25/2017
1.390%
$2,500.00
Rates that consistently beat the competition. Open a CD today! 
Limelight Bank

  (0 out of 5)100
18 Month CD with Limelight Bank
1.400%
09/25/2017
1.390%
$1,000.00
 
Live Oak Bank

★★★★★  (5 out of 5)100
1 Year CD with Live Oak Bank
1.400%
09/25/2017
1.390%
$2,500.00
Member FDIC. No opening and maintenance fees. 
NewDominion Bank

★★  (2 out of 5)100
5 Year CD with NewDominion Bank
1.400%
09/25/2017
1.390%
$1,000.00
Achieve Rapid Growth Results w/Our Rates! Open Online-Member FDIC 
ableBanking, a division of Northeast Bank

★★★★  (4 out of 5)100
1 Year CD with ableBanking, a division of Northeast Bank
1.400%
09/25/2017
1.390%
$1,000.00
$25 New Customer Gift to give to charity (501c3). FDIC insured. 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
3 Year CD with AloStar Bank of Commerce
1.370%
09/25/2017
1.360%
$1,000.00
 
VirtualBank

★★★★  (4 out of 5)100
9 Month CD with VirtualBank
1.370%
09/25/2017
1.360%
$10,000.00
FDIC Insured 
Goldwater Bank

★★★  (3 out of 5)100
1 Year CD with Goldwater Bank
1.350%
09/25/2017
1.350%
$5,000.00
 
Luana Savings Bank

★★★★  (4 out of 5)100
18 Month CD with Luana Savings Bank
1.350%
09/25/2017
1.350%
$1,000.00
 
TAB Bank

★★★★  (4 out of 5)100
1 Year CD with TAB Bank
1.360%
09/25/2017
1.350%
$1,000.00
Member FDIC. Great Rates on Savings. 
VirtualBank

★★★★  (4 out of 5)100
6 Month CD with VirtualBank
1.360%
09/25/2017
1.350%
$10,000.00
FDIC Insured 
5 Star Bank

★★★★  (4 out of 5)100
2.5 Year CD with 5 Star Bank
1.350%
09/25/2017
1.340%
$1,000.00
 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
1 Year CD with AloStar Bank of Commerce
1.350%
09/25/2017
1.340%
$1,000.00
 
Colorado Federal Savings Bank

★★★★  (4 out of 5)100
1 Year CD with Colorado Federal Savings Bank
1.350%
09/25/2017
1.340%
$5,000.00
 
Colorado Federal Savings Bank

★★★★  (4 out of 5)100
3 Year CD with Colorado Federal Savings Bank
1.350%
09/25/2017
1.340%
$5,000.00
 
EH National Bank

★★  (2 out of 5)100
4 Year CD with EH National Bank
1.340%
09/25/2017
1.340%
$10,000.00
 
Home Savings Bank

★★★★  (4 out of 5)100
1 Year CD with Home Savings Bank
1.350%
09/25/2017
1.340%
$5,000.00
 
PurePoint Financial

★★★★  (4 out of 5)100
1 Year CD with PurePoint Financial
1.350%
09/25/2017
1.340%
$10,000.00
 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
6 Month CD with First Internet Bank of Indiana
1.320%
09/25/2017
1.310%
$1,000.00
 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
6 Month $25K CD with First Internet Bank of Indiana
1.320%
09/25/2017
1.310%
$25,000.00
 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
6 Month $50K CD with First Internet Bank of Indiana
1.320%
09/25/2017
1.310%
$50,000.00
 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
2 Year CD with AloStar Bank of Commerce
1.310%
09/25/2017
1.300%
$1,000.00
 
Luana Savings Bank

★★★★  (4 out of 5)100
9 Month CD with Luana Savings Bank
1.300%
09/25/2017
1.300%
$5,000.00
 
NBKC Bank

★★★★  (4 out of 5)100
2 Year CD with NBKC Bank
1.310%
09/25/2017
1.300%
$1,000.00
 
giantbank.com

★★★★  (4 out of 5)100
1 Year CD with giantbank.com
1.310%
09/25/2017
1.300%
$2,500.00
 
Capital One 360 Bank

★★★★★  (5 out of 5)100
3 Year CD with Capital One 360 Bank
1.300%
09/25/2017
1.290%
$0.00
 
Colorado Federal Savings Bank

★★★★  (4 out of 5)100
2 Year CD with Colorado Federal Savings Bank
1.300%
09/25/2017
1.290%
$5,000.00
 
HSBC Bank USA, N.A.

★★★★  (4 out of 5)100
2 Year CD with HSBC Bank USA, N.A.
1.300%
09/25/2017
1.290%
$1,000.00
 
Home Savings Bank

★★★★  (4 out of 5)100
18 Month IRA CD with Home Savings Bank
1.300%
09/25/2017
1.290%
$5,000.00
 
Home Savings Bank

★★★★  (4 out of 5)100
18 Month CD with Home Savings Bank
1.300%
09/25/2017
1.290%
$5,000.00
 
Limelight Bank

  (0 out of 5)100
1 Year CD with Limelight Bank
1.300%
09/25/2017
1.290%
$1,000.00
 
NewDominion Bank

★★  (2 out of 5)100
4 Year CD with NewDominion Bank
1.300%
09/25/2017
1.290%
$1,000.00
Achieve Rapid Growth Results w/Our Rates! Open Online-Member FDIC 
Luana Savings Bank

★★★★  (4 out of 5)100
1 Year CD with Luana Savings Bank
1.250%
09/25/2017
1.250%
$1,000.00
 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
6 Month CD with M.Y. Safra Bank, FSB
1.260%
09/25/2017
1.250%
$5,000.00
 
Mount McKinley Bank

★★★★  (4 out of 5)100
5 Year CD with Mount McKinley Bank
1.260%
09/25/2017
1.250%
$5,000.00
 
5 Star Bank

★★★★  (4 out of 5)100
2 Year CD with 5 Star Bank
1.250%
09/25/2017
1.240%
$1,000.00
 
Capital One 360 Bank

★★★★★  (5 out of 5)100
2.5 Year CD with Capital One 360 Bank
1.250%
09/25/2017
1.240%
$0.00
 
Live Oak Bank

★★★★★  (5 out of 5)100
6 Month CD with Live Oak Bank
1.250%
09/25/2017
1.240%
$2,500.00
Member FDIC. No opening and maintenance fees. 
Pacific National Bank

★★★★  (4 out of 5)100
6 Month CD with Pacific National Bank
1.250%
09/25/2017
1.240%
$1,000.00
 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
18 Month CD with AloStar Bank of Commerce
1.230%
09/25/2017
1.220%
$1,000.00
 
EH National Bank

★★  (2 out of 5)100
3 Year CD with EH National Bank
1.220%
09/25/2017
1.220%
$10,000.00
 
Capital One 360 Bank

★★★★★  (5 out of 5)100
2 Year CD with Capital One 360 Bank
1.200%
09/25/2017
1.190%
$0.00
 
Nationwide Bank

★★★★  (4 out of 5)100
6 Month CD with Nationwide Bank
1.200%
09/25/2017
1.190%
$500.00
Recognized By Bankrate.com For Having Top Tier CD Rates Q1 2016 
NewDominion Bank

★★  (2 out of 5)100
3 Year CD with NewDominion Bank
1.200%
09/25/2017
1.190%
$1,000.00
Achieve Rapid Growth Results w/Our Rates! Open Online-Member FDIC 
Sandia Area Federal Credit Union

★★★★  (4 out of 5)100
2 Year CD with Sandia Area Federal Credit Union
1.200%
09/25/2017
1.190%
$500.00
 
Northern Bank Direct

★★★★★  (5 out of 5)100
1 Year CD with Northern Bank Direct
1.150%
09/25/2017
1.150%
$500.00
 
TAB Bank

★★★★  (4 out of 5)100
9 Month CD with TAB Bank
1.160%
09/25/2017
1.150%
$1,000.00
Member FDIC. Great Rates on Savings. 
Luana Savings Bank

★★★★  (4 out of 5)100
6 Month $50K CD with Luana Savings Bank
1.100%
09/25/2017
1.100%
$50,000.00
 
NBKC Bank

★★★★  (4 out of 5)100
1 Year CD with NBKC Bank
1.110%
09/25/2017
1.100%
$1,000.00
 
Capital One 360 Bank

★★★★★  (5 out of 5)100
18 Month CD with Capital One 360 Bank
1.100%
09/25/2017
1.090%
$0.00
 
EH National Bank

★★  (2 out of 5)100
2 Year CD with EH National Bank
1.090%
09/25/2017
1.090%
$10,000.00
 
NewDominion Bank

★★  (2 out of 5)100
2.5 Year CD with NewDominion Bank
1.100%
09/25/2017
1.090%
$1,000.00
Achieve Rapid Growth Results w/Our Rates! Open Online-Member FDIC 
Bangor Savings Bank

★★★★  (4 out of 5)100
4 Year CD with Bangor Savings Bank
1.060%
09/25/2017
1.050%
$500.00
 
Goldwater Bank

★★★  (3 out of 5)100
6 Month CD with Goldwater Bank
1.050%
09/25/2017
1.050%
$5,000.00
 
Goldwater Bank

★★★  (3 out of 5)100
6 Month $25K CD with Goldwater Bank
1.050%
09/25/2017
1.050%
$25,000.00
 
Goldwater Bank

★★★  (3 out of 5)100
6 Month $50K CD with Goldwater Bank
1.050%
09/25/2017
1.050%
$50,000.00
 
Luana Savings Bank

★★★★  (4 out of 5)100
6 Month $25K CD with Luana Savings Bank
1.050%
09/25/2017
1.050%
$25,000.00
 
TAB Bank

★★★★  (4 out of 5)100
6 Month CD with TAB Bank
1.060%
09/25/2017
1.050%
$1,000.00
Member FDIC. Great Rates on Savings. 
My e-BAnC by BAC Florida Bank

★★★★  (4 out of 5)100
6 Month CD with My e-BAnC by BAC Florida Bank
1.050%
09/25/2017
1.040%
$1,500.00
Make sure to check our Jumbo Rates 
ableBanking, a division of Northeast Bank

★★★★  (4 out of 5)100
6 Month CD with ableBanking, a division of Northeast Bank
1.050%
09/25/2017
1.040%
$1,000.00
$25 New Customer Gift to give to charity (501c3). FDIC insured. 
EH National Bank

★★  (2 out of 5)100
18 Month CD with EH National Bank
1.020%
09/25/2017
1.020%
$0.00
 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
3 Month CD with First Internet Bank of Indiana
1.000%
09/25/2017
1.000%
$1,000.00
 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
3 Month $25K CD with First Internet Bank of Indiana
1.000%
09/25/2017
1.000%
$25,000.00
 
First Internet Bank of Indiana

★★★★  (4 out of 5)100
3 Month $50K CD with First Internet Bank of Indiana
1.000%
09/25/2017
1.000%
$50,000.00
 
Luana Savings Bank

★★★★  (4 out of 5)100
6 Month CD with Luana Savings Bank
1.000%
09/25/2017
1.000%
$1,000.00
 
Luana Savings Bank

★★★★  (4 out of 5)100
3 Month $50K CD with Luana Savings Bank
1.000%
09/25/2017
1.000%
$50,000.00
 
NewDominion Bank

★★  (2 out of 5)100
18 Month CD with NewDominion Bank
1.000%
09/25/2017
1.000%
$1,000.00
Achieve Rapid Growth Results w/Our Rates! Open Online-Member FDIC 
5 Star Bank

★★★★  (4 out of 5)100
1 Year CD with 5 Star Bank
1.000%
09/25/2017
0.990%
$1,000.00
 
EverBank

★★★  (3 out of 5)100
9 Month CD with EverBank
0.980%
09/25/2017
0.980%
$5,000.00
 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
6 Month CD with AloStar Bank of Commerce
0.970%
09/25/2017
0.970%
$1,000.00
 
Bangor Savings Bank

★★★★  (4 out of 5)100
3 Year CD with Bangor Savings Bank
0.950%
09/25/2017
0.950%
$500.00
 
EH National Bank

★★  (2 out of 5)100
1 Year CD with EH National Bank
0.950%
09/25/2017
0.950%
$10,000.00
 
HSBC Bank USA, N.A.

★★★★  (4 out of 5)100
1 Year CD with HSBC Bank USA, N.A.
0.950%
09/25/2017
0.950%
$1,000.00
 
Luana Savings Bank

★★★★  (4 out of 5)100
3 Month $25K CD with Luana Savings Bank
0.950%
09/25/2017
0.950%
$25,000.00
 
TAB Bank

★★★★  (4 out of 5)100
3 Month CD with TAB Bank
0.950%
09/25/2017
0.950%
$1,000.00
Member FDIC. Great Rates on Savings. 
USAA

★★★★★  (5 out of 5)100
4 Year CD with USAA
0.950%
09/25/2017
0.950%
$1,000.00
Competitive rates from USAA. Strong, Stable, FDIC insured. 
USAA

★★★★★  (5 out of 5)100
3 Year CD with USAA
0.910%
09/25/2017
0.910%
$1,000.00
Competitive rates from USAA. Strong, Stable, FDIC insured. 
EH National Bank

★★  (2 out of 5)100
9 Month CD with EH National Bank
0.900%
09/25/2017
0.900%
$0.00
 
Limelight Bank

  (0 out of 5)100
6 Month CD with Limelight Bank
0.900%
09/25/2017
0.900%
$1,000.00
 
Luana Savings Bank

★★★★  (4 out of 5)100
3 Month CD with Luana Savings Bank
0.900%
09/25/2017
0.900%
$1,000.00
 
Colorado Federal Savings Bank

★★★★  (4 out of 5)100
6 Month CD with Colorado Federal Savings Bank
0.900%
09/25/2017
0.890%
$5,000.00
 
EH National Bank

★★  (2 out of 5)100
6 Month CD with EH National Bank
0.860%
09/25/2017
0.860%
$10,000.00
 
Goldwater Bank

★★★  (3 out of 5)100
3 Month CD with Goldwater Bank
0.860%
09/25/2017
0.860%
$5,000.00
 
Goldwater Bank

★★★  (3 out of 5)100
3 Month $25K CD with Goldwater Bank
0.860%
09/25/2017
0.860%
$25,000.00
 
Goldwater Bank

★★★  (3 out of 5)100
3 Month $50K CD with Goldwater Bank
0.860%
09/25/2017
0.860%
$50,000.00
 
EverBank

★★★  (3 out of 5)100
6 Month CD with EverBank
0.850%
09/25/2017
0.850%
$5,000.00
 
NewDominion Bank

★★  (2 out of 5)100
1 Year CD with NewDominion Bank
0.850%
09/25/2017
0.850%
$1,000.00
Achieve Rapid Growth Results w/Our Rates! Open Online-Member FDIC 
USAA

★★★★★  (5 out of 5)100
2.5 Year CD with USAA
0.850%
09/25/2017
0.850%
$1,000.00
Competitive rates from USAA. Strong, Stable, FDIC insured. 
VirtualBank

★★★★  (4 out of 5)100
3 Month CD with VirtualBank
0.820%
09/25/2017
0.820%
$10,000.00
FDIC Insured 
EH National Bank

★★  (2 out of 5)100
3 Month CD with EH National Bank
0.810%
09/25/2017
0.810%
$10,000.00
 
USAA

★★★★★  (5 out of 5)100
2 Year CD with USAA
0.810%
09/25/2017
0.810%
$1,000.00
Competitive rates from USAA. Strong, Stable, FDIC insured. 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
9 Month CD with AloStar Bank of Commerce
0.800%
09/25/2017
0.800%
$1,000.00
 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
6 Month $25K CD with AloStar Bank of Commerce
0.800%
09/25/2017
0.800%
$25,000.00
 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
6 Month $50K CD with AloStar Bank of Commerce
0.800%
09/25/2017
0.800%
$50,000.00
 
Bangor Savings Bank

★★★★  (4 out of 5)100
2.5 Year CD with Bangor Savings Bank
0.800%
09/25/2017
0.800%
$500.00
 
EverBank

★★★  (3 out of 5)100
3 Month CD with EverBank
0.800%
09/25/2017
0.800%
$5,000.00
 
Sandia Area Federal Credit Union

★★★★  (4 out of 5)100
1 Year CD with Sandia Area Federal Credit Union
0.800%
09/25/2017
0.800%
$500.00
 
USAA

★★★★★  (5 out of 5)100
18 Month CD with USAA
0.760%
09/25/2017
0.760%
$1,000.00
Competitive rates from USAA. Strong, Stable, FDIC insured. 
HSBC Bank USA, N.A.

★★★★  (4 out of 5)100
6 Month CD with HSBC Bank USA, N.A.
0.750%
09/25/2017
0.750%
$1,000.00
 
HSBC Bank USA, N.A.

★★★★  (4 out of 5)100
6 Month $25K CD with HSBC Bank USA, N.A.
0.750%
09/25/2017
0.750%
$25,000.00
 
HSBC Bank USA, N.A.

★★★★  (4 out of 5)100
6 Month $50K CD with HSBC Bank USA, N.A.
0.750%
09/25/2017
0.750%
$50,000.00
 
Home Savings Bank

★★★★  (4 out of 5)100
6 Month CD with Home Savings Bank
0.750%
09/25/2017
0.750%
$5,000.00
 
NewDominion Bank

★★  (2 out of 5)100
9 Month CD with NewDominion Bank
0.750%
09/25/2017
0.750%
$1,000.00
Achieve Rapid Growth Results w/Our Rates! Open Online-Member FDIC 
giantbank.com

★★★★  (4 out of 5)100
6 Month CD with giantbank.com
0.750%
09/25/2017
0.750%
$2,500.00
 
giantbank.com

★★★★  (4 out of 5)100
9 Month CD with giantbank.com
0.750%
09/25/2017
0.750%
$2,500.00
 
giantbank.com

★★★★  (4 out of 5)100
6 Month $25K CD with giantbank.com
0.750%
09/25/2017
0.750%
$25,000.00
 
giantbank.com

★★★★  (4 out of 5)100
6 Month $50K CD with giantbank.com
0.750%
09/25/2017
0.750%
$50,000.00
 
USAA

★★★★★  (5 out of 5)100
1 Year CD with USAA
0.710%
09/25/2017
0.710%
$1,000.00
Competitive rates from USAA. Strong, Stable, FDIC insured. 
Bangor Savings Bank

★★★★  (4 out of 5)100
2 Year CD with Bangor Savings Bank
0.700%
09/25/2017
0.700%
$500.00
 
Discover Bank

★★★★★  (5 out of 5)100
9 Month CD with Discover Bank
0.700%
09/25/2017
0.700%
$2,500.00
Rates that consistently beat the competition. Open a CD today! 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
3 Month CD with M.Y. Safra Bank, FSB
0.700%
09/25/2017
0.700%
$5,000.00
 
ableBanking, a division of Northeast Bank

★★★★  (4 out of 5)100
2 Year CD with ableBanking, a division of Northeast Bank
0.700%
09/25/2017
0.700%
$1,000.00
$25 New Customer Gift to give to charity (501c3). FDIC insured. 
USAA

★★★★★  (5 out of 5)100
9 Month CD with USAA
0.660%
09/25/2017
0.660%
$1,000.00
Competitive rates from USAA. Strong, Stable, FDIC insured. 
Discover Bank

★★★★★  (5 out of 5)100
6 Month $25K CD with Discover Bank
0.650%
09/25/2017
0.650%
$25,000.00
Rates that consistently beat the competition. Open a CD today! 
Discover Bank

★★★★★  (5 out of 5)100
6 Month $50K CD with Discover Bank
0.650%
09/25/2017
0.650%
$50,000.00
Rates that consistently beat the competition. Open a CD today! 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
6 Month $25K CD with M.Y. Safra Bank, FSB
0.650%
09/25/2017
0.650%
$25,000.00
 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
6 Month $50K CD with M.Y. Safra Bank, FSB
0.650%
09/25/2017
0.650%
$50,000.00
 
Sandia Area Federal Credit Union

★★★★  (4 out of 5)100
6 Month CD with Sandia Area Federal Credit Union
0.650%
09/25/2017
0.650%
$500.00
 
USAA

★★★★★  (5 out of 5)100
6 Month CD with USAA
0.560%
09/25/2017
0.560%
$1,000.00
Competitive rates from USAA. Strong, Stable, FDIC insured. 
Bangor Savings Bank

★★★★  (4 out of 5)100
18 Month CD with Bangor Savings Bank
0.500%
09/25/2017
0.500%
$500.00
 
5 Star Bank

★★★★  (4 out of 5)100
6 Month CD with 5 Star Bank
0.450%
09/25/2017
0.450%
$1,000.00
 
5 Star Bank

★★★★  (4 out of 5)100
6 Month $25K CD with 5 Star Bank
0.450%
09/25/2017
0.450%
$25,000.00
 
5 Star Bank

★★★★  (4 out of 5)100
6 Month $50K CD with 5 Star Bank
0.450%
09/25/2017
0.450%
$50,000.00
 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
3 Month $25K CD with M.Y. Safra Bank, FSB
0.450%
09/25/2017
0.450%
$25,000.00
 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
3 Month $50K CD with M.Y. Safra Bank, FSB
0.450%
09/25/2017
0.450%
$50,000.00
 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
3 Month CD with AloStar Bank of Commerce
0.400%
09/25/2017
0.400%
$1,000.00
 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
3 Month $25K CD with AloStar Bank of Commerce
0.400%
09/25/2017
0.400%
$25,000.00
 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
3 Month $50K CD with AloStar Bank of Commerce
0.400%
09/25/2017
0.400%
$50,000.00
 
NBKC Bank

★★★★  (4 out of 5)100
6 Month CD with NBKC Bank
0.400%
09/25/2017
0.400%
$1,000.00
 
Discover Bank

★★★★★  (5 out of 5)100
3 Month CD with Discover Bank
0.350%
09/25/2017
0.350%
$2,500.00
Rates that consistently beat the competition. Open a CD today! 
Discover Bank

★★★★★  (5 out of 5)100
3 Month $25K CD with Discover Bank
0.350%
09/25/2017
0.350%
$25,000.00
Rates that consistently beat the competition. Open a CD today! 
Discover Bank

★★★★★  (5 out of 5)100
3 Month $50K CD with Discover Bank
0.350%
09/25/2017
0.350%
$50,000.00
Rates that consistently beat the competition. Open a CD today! 
giantbank.com

★★★★  (4 out of 5)100
3 Month CD with giantbank.com
0.350%
09/25/2017
0.350%
$2,500.00
 
giantbank.com

★★★★  (4 out of 5)100
3 Month $25K CD with giantbank.com
0.350%
09/25/2017
0.350%
$25,000.00
 
giantbank.com

★★★★  (4 out of 5)100
3 Month $50K CD with giantbank.com
0.350%
09/25/2017
0.350%
$50,000.00
 
Bangor Savings Bank

★★★★  (4 out of 5)100
6 Month CD with Bangor Savings Bank
0.300%
09/25/2017
0.300%
$500.00
 
Bangor Savings Bank

★★★★  (4 out of 5)100
6 Month $25K CD with Bangor Savings Bank
0.300%
09/25/2017
0.300%
$25,000.00
 
Bangor Savings Bank

★★★★  (4 out of 5)100
6 Month $50K CD with Bangor Savings Bank
0.300%
09/25/2017
0.300%
$50,000.00
 
Citizens Trust Bank

★★★★  (4 out of 5)100
4 Year CD with Citizens Trust Bank
0.300%
09/25/2017
0.300%
$500.00
 
M.Y. Safra Bank, FSB

★★★★  (4 out of 5)100
1 Month CD with M.Y. Safra Bank, FSB
0.300%
09/25/2017
0.300%
$5,000.00
 
NewDominion Bank

★★  (2 out of 5)100
6 Month CD with NewDominion Bank
0.300%
09/25/2017
0.300%
$1,000.00
Achieve Rapid Growth Results w/Our Rates! Open Online-Member FDIC 
NewDominion Bank

★★  (2 out of 5)100
6 Month $25K CD with NewDominion Bank
0.300%
09/25/2017
0.300%
$25,000.00
 
NewDominion Bank

★★  (2 out of 5)100
6 Month $50K CD with NewDominion Bank
0.300%
09/25/2017
0.300%
$50,000.00
 
USAA

★★★★★  (5 out of 5)100
3 Month CD with USAA
0.300%
09/25/2017
0.300%
$1,000.00
Competitive rates from USAA. Strong, Stable, FDIC insured. 
Bangor Savings Bank

★★★★  (4 out of 5)100
3 Month CD with Bangor Savings Bank
0.250%
09/25/2017
0.250%
$500.00
 
Bangor Savings Bank

★★★★  (4 out of 5)100
3 Month $25K CD with Bangor Savings Bank
0.250%
09/25/2017
0.250%
$25,000.00
 
Bangor Savings Bank

★★★★  (4 out of 5)100
3 Month $50K CD with Bangor Savings Bank
0.250%
09/25/2017
0.250%
$50,000.00
 
California First National Bank

★★★★  (4 out of 5)100
3 Month CD with California First National Bank
0.250%
09/25/2017
0.250%
$5,000.00
 
California First National Bank

★★★★  (4 out of 5)100
6 Month CD with California First National Bank
0.250%
09/25/2017
0.250%
$5,000.00
 
California First National Bank

★★★★  (4 out of 5)100
3 Month $25K CD with California First National Bank
0.250%
09/25/2017
0.250%
$25,000.00
 
California First National Bank

★★★★  (4 out of 5)100
6 Month $25K CD with California First National Bank
0.250%
09/25/2017
0.250%
$25,000.00
 
California First National Bank

★★★★  (4 out of 5)100
3 Month $50K CD with California First National Bank
0.250%
09/25/2017
0.250%
$50,000.00
 
California First National Bank

★★★★  (4 out of 5)100
6 Month $50K CD with California First National Bank
0.250%
09/25/2017
0.250%
$50,000.00
 
NewDominion Bank

★★  (2 out of 5)100
3 Month CD with NewDominion Bank
0.250%
09/25/2017
0.250%
$1,000.00
Achieve Rapid Growth Results w/Our Rates! Open Online-Member FDIC 
NewDominion Bank

★★  (2 out of 5)100
3 Month $25K CD with NewDominion Bank
0.250%
09/25/2017
0.250%
$25,000.00
 
NewDominion Bank

★★  (2 out of 5)100
3 Month $50K CD with NewDominion Bank
0.250%
09/25/2017
0.250%
$50,000.00
 
Citizens Trust Bank

★★★★  (4 out of 5)100
2.5 Year CD with Citizens Trust Bank
0.200%
09/25/2017
0.200%
$500.00
 
Mount McKinley Bank

★★★★  (4 out of 5)100
6 Month CD with Mount McKinley Bank
0.200%
09/25/2017
0.200%
$5,000.00
 
Mount McKinley Bank

★★★★  (4 out of 5)100
9 Month CD with Mount McKinley Bank
0.200%
09/25/2017
0.200%
$5,000.00
 
Mount McKinley Bank

★★★★  (4 out of 5)100
6 Month $25K CD with Mount McKinley Bank
0.200%
09/25/2017
0.200%
$25,000.00
 
Mount McKinley Bank

★★★★  (4 out of 5)100
6 Month $50K CD with Mount McKinley Bank
0.200%
09/25/2017
0.200%
$50,000.00
 
Applied Bank

★★★★★  (5 out of 5)100
6 Month CD with Applied Bank
0.150%
09/25/2017
0.150%
$1,000.00
 
Applied Bank

★★★★★  (5 out of 5)100
2.5 Year CD with Applied Bank
0.150%
09/25/2017
0.150%
$1,000.00
 
Applied Bank

★★★★★  (5 out of 5)100
18 Month CD with Applied Bank
0.150%
09/25/2017
0.150%
$1,000.00
 
Applied Bank

★★★★★  (5 out of 5)100
9 Month CD with Applied Bank
0.150%
09/25/2017
0.150%
$1,000.00
 
Applied Bank

★★★★★  (5 out of 5)100
4 Year CD with Applied Bank
0.150%
09/25/2017
0.150%
$1,000.00
 
Applied Bank

★★★★★  (5 out of 5)100
6 Month $25K CD with Applied Bank
0.150%
09/25/2017
0.150%
$25,000.00
 
Applied Bank

★★★★★  (5 out of 5)100
6 Month $50K CD with Applied Bank
0.150%
09/25/2017
0.150%
$50,000.00
 
Citizens Trust Bank

★★★★  (4 out of 5)100
18 Month CD with Citizens Trust Bank
0.150%
09/25/2017
0.150%
$500.00
 
Mount McKinley Bank

★★★★  (4 out of 5)100
3 Month CD with Mount McKinley Bank
0.150%
09/25/2017
0.150%
$5,000.00
 
Mount McKinley Bank

★★★★  (4 out of 5)100
3 Month $25K CD with Mount McKinley Bank
0.150%
09/25/2017
0.150%
$25,000.00
 
Mount McKinley Bank

★★★★  (4 out of 5)100
3 Month $50K CD with Mount McKinley Bank
0.150%
09/25/2017
0.150%
$50,000.00
 
VirtualBank

★★★★  (4 out of 5)100
1 Month CD with VirtualBank
0.150%
09/25/2017
0.150%
$10,000.00
FDIC Insured 
VirtualBank

★★★★  (4 out of 5)100
2 Month CD with VirtualBank
0.150%
09/25/2017
0.150%
$10,000.00
FDIC Insured 
AloStar Bank of Commerce

★★★★  (4 out of 5)100
1 Month CD with AloStar Bank of Commerce
0.100%
09/25/2017
0.100%
$1,000.00
 
Mount McKinley Bank

★★★★  (4 out of 5)100
1 Month CD with Mount McKinley Bank
0.100%
09/25/2017
0.100%
$5,000.00
 
Applied Bank

★★★★★  (5 out of 5)100
3 Month CD with Applied Bank
0.050%
09/25/2017
0.050%
$1,000.00
 
Applied Bank

★★★★★  (5 out of 5)100
2 Month CD with Applied Bank
0.050%
09/25/2017
0.050%
$1,000.00
 
Applied Bank

★★★★★  (5 out of 5)100
3 Month $25K CD with Applied Bank
0.050%
09/25/2017
0.050%
$25,000.00
 
Applied Bank

★★★★★  (5 out of 5)100
3 Month $50K CD with Applied Bank
0.050%
09/25/2017
0.050%
$50,000.00
 
Citizens Trust Bank

★★★★  (4 out of 5)100
6 Month $25K CD with Citizens Trust Bank
0.050%
09/25/2017
0.050%
$25,000.00
 
Citizens Trust Bank

★★★★  (4 out of 5)100
6 Month $50K CD with Citizens Trust Bank
0.050%
09/25/2017
0.050%
$50,000.00
 
NBKC Bank

★★★★  (4 out of 5)100
3 Month CD with NBKC Bank
0.050%
09/25/2017
0.050%
$1,000.00
 
Citizens Trust Bank

★★★★  (4 out of 5)100
3 Month CD with Citizens Trust Bank
0.030%
09/25/2017
0.030%
$500.00
 
Citizens Trust Bank

★★★★  (4 out of 5)100
3 Month $25K CD with Citizens Trust Bank
0.030%
09/25/2017
0.030%
$25,000.00
 
Citizens Trust Bank

★★★★  (4 out of 5)100
3 Month $50K CD with Citizens Trust Bank
0.030%
09/25/2017
0.030%
$50,000.00
 
Citizens Trust Bank

★★★★  (4 out of 5)100
1 Month CD with Citizens Trust Bank
0.010%
09/25/2017
0.010%
$500.00
 
Pentagon Federal Credit Union

★★★★  (4 out of 5)100
5 Year CD with Pentagon Federal Credit Union
2.120%
09/22/2017
2.100%
$1,000.00
 
Pentagon Federal Credit Union

★★★★  (4 out of 5)100
4 Year CD with Pentagon Federal Credit Union
1.870%
09/22/2017
1.850%
$1,000.00
 
Pentagon Federal Credit Union

★★★★  (4 out of 5)100
3 Year CD with Pentagon Federal Credit Union
1.760%
09/22/2017
1.750%
$1,000.00
 
Pentagon Federal Credit Union

★★★★  (4 out of 5)100
2 Year CD with Pentagon Federal Credit Union
1.610%
09/22/2017
1.600%
$1,000.00
 
Pentagon Federal Credit Union

★★★★  (4 out of 5)100
1 Year CD with Pentagon Federal Credit Union
1.410%
09/22/2017
1.400%
$1,000.00
 
Pentagon Federal Credit Union

★★★★  (4 out of 5)100
6 Month CD with Pentagon Federal Credit Union
0.850%
09/22/2017
0.850%
$1,000.00
 
CDBank.com

★★★★  (4 out of 5)100
5 Year CD with CDBank.com
2.050%
09/21/2017
2.040%
$10,000.00
 
CDBank.com

★★★★  (4 out of 5)100
4 Year CD with CDBank.com
1.950%
09/21/2017
1.940%
$10,000.00
 
CDBank.com

★★★★  (4 out of 5)100
3 Year CD with CDBank.com
1.850%
09/21/2017
1.840%
$10,000.00
 
CDBank.com

★★★★  (4 out of 5)100
2 Year CD with CDBank.com
1.800%
09/21/2017
1.790%
$10,000.00
 
CDBank.com

★★★★  (4 out of 5)100
18 Month CD with CDBank.com
1.750%
09/21/2017
1.740%
$10,000.00
 
CDBank.com

★★★★  (4 out of 5)100
1 Year CD with CDBank.com
1.650%
09/21/2017
1.650%
$10,000.00
 
CDBank.com

★★★★  (4 out of 5)100
9 Month CD with CDBank.com
1.400%
09/21/2017
1.400%
$10,000.00
 
CDBank.com

★★★★  (4 out of 5)100
6 Month CD with CDBank.com
0.950%
09/21/2017
0.950%
$10,000.00
 
CDBank.com

★★★★  (4 out of 5)100
3 Month CD with CDBank.com
0.750%
09/21/2017
0.750%
$10,000.00
 
Salem Five

★★★★  (4 out of 5)100
3 Year CD with Salem Five
2.000%
09/19/2017
1.980%
$10,000.00
**All deposits FDIC and DIF insured** Apply online/phone today! 
Salem Five

★★★★  (4 out of 5)100
5 Year CD with Salem Five
2.000%
09/19/2017
1.980%
$10,000.00
**All deposits FDIC and DIF insured** Apply online/phone today! 
Salem Five

★★★★  (4 out of 5)100
4 Year CD with Salem Five
1.750%
09/19/2017
1.740%
$10,000.00
**All deposits FDIC and DIF insured** Apply online/phone today! 
Salem Five

★★★★  (4 out of 5)100
18 Month IRA CD with Salem Five
1.500%
09/19/2017
1.490%
$2,000.00
**All deposits FDIC and DIF insured** Apply online/phone today! 
Salem Five

★★★★  (4 out of 5)100
18 Month CD with Salem Five
1.500%
09/19/2017
1.490%
$10,000.00
**All deposits FDIC and DIF insured** Apply online/phone today! 
Salem Five

★★★★  (4 out of 5)100
2 Year CD with Salem Five
1.400%
09/19/2017
1.390%
$10,000.00
**All deposits FDIC and DIF insured** Apply online/phone today! 
Salem Five

★★★★  (4 out of 5)100
2.5 Year CD with Salem Five
1.300%
09/19/2017
1.290%
$10,000.00
**All deposits FDIC and DIF insured** Apply online/phone today! 
Salem Five

★★★★  (4 out of 5)100
1 Year CD with Salem Five
0.700%
09/19/2017
0.700%
$10,000.00
**All deposits FDIC and DIF insured** Apply online/phone today! 
Salem Five

★★★★  (4 out of 5)100
6 Month CD with Salem Five
0.150%
09/19/2017
0.150%
$2,500.00
**All deposits FDIC and DIF insured** Apply online/phone today! 
Salem Five

★★★★  (4 out of 5)100
3 Month CD with Salem Five
0.100%
09/19/2017
0.100%
$2,500.00
**All deposits FDIC and DIF insured** Apply online/phone today! 

Data Provided by Bankrate.com Rates are accurate and available as of the date seen for Bankrate customers. Identify yourself as a Bankrate consumer to get the Bankrate.com rate. Bankrate.com has today's most competitive deposit rates. Additional details.
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In case you haven’t noticed CD rates already started moving higher this past year and will continue to do so in 2017. The rate changes in 2016 have been minimal but at least CD rates are moving higher. At the beginning of 2016 the highest CD rates on 1 year certificates of deposit were around 1.10 percent, now the highest 1 year rates are at 1.30 percent.

How much higher CD rates move this year and next will depend on when The Federal Open Market Committee hikes the federal funds rate. The FOMC has two more meetings scheduled for 2016 and any rate hikes will come after a meeting.

You can check on current bank CD rates by searching our rate database at MonitorBankRates.com.

The first meeting is just before the November Election and the last meeting of 2016 is in mid December. We won’t anticipate the FOMC to hike the rate just before the election but probably will during the December meeting. If the FOMC does hike the rate we look for a 25 basis point hike.

A 0.25 percent rate hike will send the best 1 year CD rates higher and towards 1.50 percent. Not all banks will increase their rates but the bank’s already offering the top rates probably will. These national online banks vie for the top spot on the rate lists and they will continue to want to be on the top.

Looking beyond 2016 the FOMC is expected to increase the fed funds rate two or three times in 2017. Of course a lot will depend on how strong economic growth is, how high the inflation rate is and how many jobs are created. The FOMC also looks at wage ilfation to help them determine whether or not a hike rates at any given time.

Two or three rate hikes in 2017 will put the fed funds rate between 1.25 percent and 1.50 percent. If these hikes do happen, we look for the best 1 year CD rates to move above 2.00 percent and possibly as high as 2.50 percent. The last time 1 year CD rates were that high was during the financial crisis almost a decade ago.

 

 
Author: Brian McKay
October 7th, 2016
Posted in: CD Rates

If you haven’t been following the Fed news on interest rates recently, the new Fed Chairperson, Janet Yellen, held her first press conference last week after the Fed’s March meeting. Yellen might have slipped up when she spoke about when the fed funds rate would be increased and in doing so, spooked the markets.

Until Janet Yellen spoke last week, the general consensus was the Federal Open Market Committee (FOMC) would vote to increase the fed funds rate in the summer of 2015. In last week’s press conference, Yellen mentioned that it might be time to increase the fed funds rate six months after the Fed stopped quantitative easing (QE).

The current round of QE, buying long term bonds and mortgage-backed securities, is expected to end the fall of 2014. This would put a possible fed funds rate increase in the spring of 2015, sooner than the markets expected. Whether or not this all plays out remains to be seen but higher CD rates won’t come until the fed funds rate is increased.

The last time the fed funds rate was increased was almost 8 years ago when the rate was increased 0.25 percent to 5.25 percent. The last time the FOMC made any change to the fed funds rate was in December 2008 when the rate was lowered to a targeted range of zero percent to one quarter percent. You can view a historical chart of the fed funds rate here: Federal Funds Rate Historical Chart.

Over the past 8 years financial institutions have lowered CD rates, savings account rates, and all deposit rates down to record lows. The current average 1 year CD rate this week is at 0.80 percent. Going out farther on the yield curve doesn’t get a much better return.  The current average 5 year CD rate this week is at 1.55 percent, only 75 basis points higher than 1 year rates.

Average CD rates are just averages, there are many banks and credit unions offering CD interest rates much higher than the averages. The best CD rates in our database of 1 year certificates of deposit this week are at 1.04 percent with an APY of 1.05 percent. The highest CD rates in our 5 year CD rate database are at 2.23 percent with an APY of 2.25 percent.

Since CD rates at banks and credit unions are poised to move higher sometime in 2015, make sure you don’t lock into a long term CD account in 2014. Make especially sure this doesn’t happen with your certificate of deposit accounts that have terms of more than 1 year that are maturing in 2014. Banks and credit unions will automatically roll the account over into a new CD with the same term. You don’t want to lock into a 5 year CD account that is earning around 2.00 percent because by the end of 2015, rates will be higher. By the end of next year 1 year CD rates will probably be around 2.00 percent.

Related Posts:

CD Rates

CD Rates | Best Certificate of Deposit Rates at Banks with the Highest Yields

 
Author: Brian McKay
March 27th, 2014
Posted in: CD Rates

The Federal Open Market Committee (FOMC) meets this week to decide monetary policy and the direction of interest rates. There is zero chance the FOMC will increase the federal funds rate but they will continue paring back their purchases of long term U.S. bonds and mortgage-backed securities (MBS).

What is means for CD rates, savings account rates, and money market rates is more of what we have seen the past 5 years – low rates. On the other hand, lowering their purchases of long term bonds and MBS will eventually send mortgage rates higher. We won’t see higher CD rates and deposit rates until the Fed increases the fed funds rate, which isn’t expected to happen until 2015.

Short Term Average CD Rates Mixed This Week

FOMC Meets This Week to Decide Monetary Policy and the Direction of Interest RatesShorter term average CD rates were mixed this week over last as some banks increased their rates by small margins. Current 3 month CD rates are averaging 0.23 percent, up from last week’s average 3 month rate of 0.22 percent. 6 month CD rates at banks averaged 0.52 percent, down 0.01 percent from last week’s average 6 month rate.

While average rates were mixed, the best CD rates on short term certificates of deposit were unchanged as no banks in our database increased their rates. The best 3 month CD rate remains at 0.45 percent and the best 6 month rate remains at 1.00 percent. Zions Direct’s 6 month rate is the best bang for your buck right now since most banks are offering 1 year rates lower than 1.00 percent.

Intermediate Term CD Rates Higher on Average

Rates on intermediate term certificates of deposit were higher this week over last. 1 year CD rates this week are averaging 0.75 percent, up 1 basis point from last week’s average 1 year rate. Average 2 year CD rates were also higher this week averaging 0.96 percent, up from last week’s average 2 year rate of 0.93 percent.

As with short term rates, the best CD rates on intermediate term certificates of deposit are unchanged this week. The best 1 year bank CD rate this week remains at 1.09 percent with an APY of 1.10 percent. The best 2 year rate on our table is from a credit union at 1.40 percent with an APY of 1.41 percent.

Long Term Average 5 CD Rates Unchanged

Long term average 5 year rates are at 1.50 percent this week, unchanged from last week’s average 5 year rate. Though the average 5 year rate didn’t change this week, we have seen longer term rates move considerably higher the past 6 months as long term bond yields have risen.

The highest CD rates on 5 year certificates of deposit on our rate table are at 3.00 percent with an APY of 3.04 percent. This rate is almost double the average 5 year U.S. Treasury yield of 1.58 percent as of January 24, 2014.

Here is a quick rundown of the top CD rates for January 27, 2014.

Top 3 Month Bank CD Rates

  • AloStar Bank of Commerce Rates 0.45%
  • Pacific Mercantile Bank Rates 0.42%
  • Virtual Bank Rates 0.40%
  • Barclays Bank Rate 0.35%
  • Discover Bank Rate 0.35%
  • EH National Bank Rate 0.35%
  • First Internet Bank of Indiana Rate 0.35%

6 Month Bank CD Rates

  • Zions Direct Rate 1.00%
  • Pacific Mercantile Bank Rate 0.90%
  • Doral Direct Rate 0.87%
  • EH National Bank Rate 0.85%
  • AloStar Bank of Commerce Rate 0.75%
  • giantbank.com Rate 0.70%
  • My e-BAnC by BAC Florida Bank Rate 0.70%

12 Month Bank CD Rates

  • AloStar Bank of Commerce Rate 1.09% APY 1.10%
  • GE Capital Retail Bank Optimizer Plus Rate 1.04% APY 1.05%
  • Pacific Mercantile Bank Rate 1.01% APY 1.02%
  • My e-BAnC by BAC Florida Bank Rate 1.00% APY 1.01%
  • The Palladian PrivateBank Rate 1.00% APY 1.00%
  • Colorado Federal Savings Bank Rate 1.00% APY 1.00%

2 Year Bank CD Rates

  • Pentagon Federal Credit Union Rate 1.40% APY 1.41%
  • AloStar Bank of Commerce Rate 1.24% APY 1.25%
  • CIT Bank Rate 1.19% APY 1.20%
  • Pacific Mercantile Bank Rate 1.15% APY 1.16%
  • Barclays Bank Rate 1.14% APY 1.15%
  • GE Capital Retail Bank Optimizer Plus Rate 1.14% APY 1.15%
  • GE Capital Retail Bank Rate 1.14% APY 1.15%

5 Year Bank CD Rates

  • Pentagon Federal Credit Union Rate 3.00% APY 3.04%
  • EverBank Rate 2.14% APY 2.16%
  • Barclays Bank Rate 2.13% APY 2.15%
  • iGObanking.com Rate 2.13% APY 2.15%
  • State Farm Bank Rate 2.03% APY 2.05%
  • VirtualBank Rate 2.00% APY 2.02%
  • GE Capital Retail Bank Optimizer Plus Rate 1.98% APY 2.00%
  • GE Capital Retail Bank Rate 1.98% APY 2.00%
 
Author: Brian McKay
January 28th, 2014
Posted in: CD Rates

Anyone who has invested in a certificate of deposit over the past 5 years knows how low CD rates have fallen. Ever since the financial crisis and Great Depression of 2007/2008, interest rates have been at record lows. The Federal Reserve Open Market Committee having kept their key benchmark interest rate, the federal funds rate, near zero percent is the reason why bank CD rates are so low.

All deposit rates have fallen to record lows due to the FOMC. Mortgage rates have also fallen to record lows over the past few years based on what the Fed is doing to drive interest rates lower. Mortgage rates have increased over the past several months but deposit rates have not.

CD Rates Remain Low While Mortgage Rates Move Higher

Since the beginning of 2013, long term fixed mortgage rates along with long term bond rates have risen over 1.00 percent. Since the start of the year, average CD rates at banks on both short term and long term certificates of deposit haven’t moved much at all. Right now the best CD rates on 1 year certificates of deposit are just above 1.00 percent, showing no change since the start of 2013.

The reason mortgage rates moved higher is long term bond rates moved higher and rates on mortgage loans are tied to long term bond rates. CD rates, savings rates, and all deposit rates haven’t budged because these rates are not affected by long term bond rates. Deposit rates are tied to the fed funds rate which the Fed hasn’t increased since December 2008.

Expect Higher CD Rates in 2014

After 5 years of record low CD rates, we will finally see rates move higher in 2014. The key thing to watch is the when the nation’s unemployment rate falls below 6.5 percent. In every statement that the FOMC has released for over 2 years, they have stated the plan to keep the fed funds rate near zero percent until the unemployment rate falls below 6.5 percent.

The current unemployment rate is at 7.2 percent so we are getting very close to a 6.5 percent rate. Until the government shutdown and possible debt default, it looked as if the unemployment rate might fall to 6.5 percent in the April 2014 employment report. Now that might have been delayed by a month or two.

I expect the Fed to start increasing the fed funds rate sometime in the summer of 2014. When the Fed starts tightening, the increases will come in .50 percent increments and will happen right after each Fed meeting. The Fed is scheduled to meet in June, July, September, October and December of 2014.

If the Fed increases the fed funds rate 50 basis points after each meeting, by the end of 2014 the fed funds rate will be in the 2.50 to 3.00 percent range. A fed funds rate in this range will drive 1 year CD rates to the 3.00 percent to 4.00 percent level.

Best CD Rates This Week

The best 1 year CD rates this week are at 1.04 percent with an APY of 1.05 percent. Since rates are poised to move higher in about 8 months, you can lock into a 1 year CD rate now and when it matures you’ll get a rate between 3.00 percent to 4.00 percent.

That being said, you should stay invested in CD terms of 1 year or less. The highest CD rates on 6 month certificates of deposits are exactly at 1.00 percent. The best 3 month CD rates this week are at 0.45 percent.

 
Author: Brian McKay
November 7th, 2013
Posted in: CD Rates

Current Ally Bank CD rates are not the highest CD rates available but this bank’s rates are still in the top 5 rates. Ally Bank’s CD rates on 1 year certificates of deposit are at 0.94 percent with an APY of 0.94 percent. The best 1 year certificate of deposit rate tables on MonitorBankRates.com are 10 basis points higher at 1.04 percent.

1 year CD rates at Ally Bank are also much higher than the current national average 1 year rate of 0.71 percent. You probably have heard of Ally Bank, formerly GMAC bank. The bank was rebranded in 2009 during the financial crisis. The bank also borrowed money from the TARP program and by this year has already paid back $6.1 billion. You can read more about Ally Bank’s history here: Ally’s History.

Ally Bank’s Health Rating

This year Ally Bank reached over 1 million customer deposit accounts, in all likelihood because they offer rates higher than what most other banks offer. The bank receives a 4 star rating from Bankrate.com. In addition to offering regular certificates of deposit with terms ranging between 3 months and 48 months, the bank also offers 4 year and 5 year jumbo certificates of deposit.

Ally’s Best CD Rates on Short Term Certificates of Deposit

The best CD rates right now for the CD terms from Ally is on their certificates of deposit of 1 year and less. 6 month CD rates are currently offered at 0.61 percent and current 3 month CD rates are currently at 0.30 percent. The current national average in the FDIC rate survey this week for 6 month CDs is at 0.12 percent an the average 3 month CD rate is at 0.08 percent.

Ally Bank Regular CD Rates

  • 3 month CD Rate 0.30% APY 0.30%
  • 6 month CD Rate 0.61% APY 0.61%
  • 9 month CD Rate 0.64% APY 0.64%
  • 1 yr CD Rate 0.94% APY 0.94%
  • 18 month CD Rate 0.94% APY 0.94%
  • 2 yr CD Rate 1.05% APY 1.04%
  • 3 yr CD Rate 1.20% APY 1.19%
  • 4 yr CD Rate 1.30% APY 1.29%
  • 5 yr CD Rate 1.50% APY 1.49%

Ally Bank Jumbo CD Rates

  • 4 Year Jumbo CD Rate 1.29% APY 1.30%
  • 5 Year Jumbo CD Rate 1.49% APY 1.50%
 
Author: Brian McKay
August 22nd, 2013
Posted in: CD Rates

We recently expanded our coverage on bank CD rates by offering a list of CD rates that are specific to a particular bank. Until now our rate listings are by product type but now you can see all the CD products and interest rates on those products on our new bank pages.

Here is an example: If you were looking for the best CD rates available on 1 year certificates of deposit. You can easily search our rate tables for a quick listing of rates on 1 year CD accounts for both national rates and regional rates. You can also search for regular, IRA and jumbo CD rates.

Let’s say you see a particular bank, like Discover Bank, is offering a really good rate on a 1 year CD so you want to see the bank’s other rates. Now you can just click on the bank name on Monitor Bank Rates and you will be taken to a complete list of Discover Bank’s CD rates.

New Bank CD Rate Pages on MonitorBankRatescom

Discover Bank has a large variety of CD products so on this page we have rates listed for regular CD accounts, jumbo CD accounts, IRA CD accounts and jumbo IRA CD accounts. To the right is a complete list of Discover Bank’s CD rates on regular CD accounts:

You can also compare each bank’s rates to other bank rates without ever leaving the page which makes your search for the best rates much easier.

Besides current listings of rates on the bank pages we also list current FDIC information on each bank. With is financial information you can quickly see the bank’s total assets, deposits and net income.

Below the bank’s rates we also list the most current articles that are related to the bank. Have a look at our new bank pages and let us know what you think by sending us a comment.

 

 
Author: Brian McKay
July 14th, 2013
Posted in: CD Rates

Since the beginning of May, average CD rates have remained pretty much where they are today. The best CD rates available from banks have also remained stable but during this time long term U.S. Treasury yields are soaring. Long term yields are moving higher due to stronger than expected economic data and fears that the Federal Reserve will stop purchasing long term Treasuries and mortgage-backed securities (quantitative easing).

The Federal Reserve has been making these purchases to force long term interest rates lower. The Fed’s plan has been effective at reinvigorating the economy and jump-starting the housing market recovery. Now that the Fed has almost achieved their goals, there is fear the Fed will stop their purchases.

Quantitative Easing Ending Will Eventually Force CD Rates Higher

Just the hint of the end of quantitative easing by the Fed is scaring the markets into selling bonds. When bond prices move lower, bond yields move higher. Since the beginning of May, yields on 5 year bonds are up about 30 basis points but the highest CD rates on 5 year certificates of deposit remain just under 1.75 percent. CD rates will move higher in sometime in the near future.

Highest 5 year CD rates at Banks this Week

  • EverBank Rate 1.74% APY 1.76%
  • Barclays Bank Rate 1.73% APY 1.75%
  • First Internet Bank of Indiana Rate 1.59% APY 1.60%
  • AloStar Bank of Commerce Rate 1.54% APY 1.55%
  • Intervest National Bank Rate 1.51% APY 1.52%
  • TAB Bank Rate 1.50% APY 1.51%
  • Discover Bank Rate 1.49% APY 1.50%
  • Home Savings Bank Rate 1.49% APY 1.50%

Future Direction of CD Rates

Both long term and short term CD rates will remain low for the rest of 2013 and into 2014. Bank CD rates will finally move higher when the Federal Reserve Open Market Committee (FOMC) finally starts to increase the fed funds rate, their key interest rate. The current rate has been at near zero percent since December 2008.

The FOMC will increase the rate when the nation’s unemployment rate dips below 6.5 percent. The Committee has stated this in their statements and meeting minutes over the past year. The current unemployment rate is at 7.6 percent and the rate probably won’t dip below 6.5 percent until June 2014.

When the fed funds rate moves higher banks will quickly follow suit by increasing CD rates, savings rates, and money market rates. I believe the increase in rates will be rather quick so stay invested in shorter term certificates of deposit until mid 2014. When interest rates do move higher you can quickly invest in higher yielding accounts.

 
Author: Brian McKay
June 10th, 2013
Posted in: CD Rates

The best CD rates for the week ending April 30, 2013, are stable while the national average CD rates declined. This month the Federal Reserve Open Market Committee released minutes from their latest meeting which showed no surprises concerning their monetary policy on interest rates. The FOMC plans to continue down the path of keeping their key interest rate, the fed funds rate, near zero percent.

Best CD Rates This Week April 30 2013As a result of a low fed funds rate, interest rates on all deposit accounts will also remain where they currently are for the foreseeable future. Current CD rates at banks for 1 year certificates of deposit averaged 0.66 percent, a decline from last week’s average 1 year CD rate of 0.68 percent. The FDIC national average rate for 1 year certificates of deposit for the week ending April 29, 2013, are even less at 0.21 percent.

Of course, the rates listed are national average rates and you can find banks offering rates much higher than the averages. This week’s highest CD rates on our 1 year certificate of deposit rate table are from GE Capital Retail Bank at 1.04 percent with an APY of 1.05 percent. GE Capital Retail Bank’s current rate is almost 40 basis points higher than the national average rate as reported on MonitorBankRates.com and almost five times the average rate reported by the FDIC.

Current 2 year national average bank CD rates are at 0.83 percent this week, down from last week’s average rate of 0.87 percent. The FDIC’s national average 2 year rate this week is at 0.34 percent, unchanged from last week’s average rate. The best CD bank rates right now on our 2 year CD rate table are higher than the averages.

The bank offering the highest 2 year rate on our list this week is from CIT Bank at 1.19 percent with an APY of 1.20 percent, more than the average reported by MBR and more than three times the FDIC average rate. We also have many other bank rates listed on 2 year CD accounts that are more than three times the FDIC average.

The national average 5 year rate reported by MBR is at 1.26 percent this week, down from last week’s average 5 year rate of 1.30 percent. The FDIC national average 5 year rate this week is at 0.75 percent, unchanged from last week’s average 5 year rate. The best 5 year rates in our database this week are much higher from Nationwide Bank at 1.69 percent with an APY of 1.70 percent.

 
Author: Brian McKay
April 30th, 2013
Posted in: CD Rates

Both average CD rates and the best CD rates available barely moved this past month as the Federal Reserve Open Market Committee (FOMC) continues to keep a lid on rates moving higher. The most recent FOMC meeting minutes were released this week which showed the Fed plans to continue down the path of low interest rates for the foreseeable future.

Current CD Rates April 12 20131 year CD rates at banks as reported by MonitorBankRates.com this week are averaging 0.63 percent, unchanged from last week’s average CD rates. The FDIC’s weekly National Rates and Rate Cap survey has 1 year bank CD rates averaging even lower at 0.22 percent. The highest CD rates on 1 year certificates of deposit are also unchanged this week at 1.04 percent with an APY of 1.o5 percent.

The bank on our rate tables offering 1.04 percent rate on 1 year CD accounts this week is GE Capital Retail Bank. The second highest 1 year CD rate on our list this week is from three different banks. Colorado Federal Savings Bank, Home Savings Bank, and OneWest Bank FSB are all offering 1 year CD interest rates at 1.00 percent with an APY of 1.00 percent.

For 2 year CD rates this week, we see the average rate reported by MonitorBankRates.com is at 0.67 percent, up 3 basis points from last week’s average 2 year CD rate. The FDIC average 2 year CD rate this week is much lower at 0.35 percent. The best 2 year rates on our rate list are also changed this week at 1.19 percent with an APY of 1.20 percent. The bank offering that rate and yield on our tables this week is CIT Bank.

Average 5 year CD rates this week are also higher over last week. The current average 5 year CD rate is at 1.23 percent, up from last week’s average 5 year rate of 1.20 percent. The best 5 year CD rates in our rate database this week are from Barclays Bank at 1.83 percent with an APY of 1.85 percent.

 
Author: Jason P. Jones
April 12th, 2013
Posted in: CD Rates

Most of the 18 banks that have to be subjected to the Federal Reserve’s stress test don’t offer CD rates on the high end of rates available. Though that might change since the Federal Reserve has just completed their bank stress tests and the results might have some bearing on rates these banks offer.

While none of the 18 biggest bank holding companies failed the test, a majority of the banks might feel a need to increase their capital. Banks usually increase capital by increasing CD interest rates, savings rates, and other deposit rates to make it more attractive to deposit money into their bank.

When the stress test was applied, 10 of the 18 banks just barely have the minimum capital. If there is a recession worse than what the Federal Reserve uses in the stress test, these banks would have to raise capital in order to survive. Following is the list of 10 banks that just meet the minimum capital requirement after the tests are applied.

  • CD Rates at Banks That are Subjected to the Federal Reserves Bank Stress TestsAlly Bank
  • U.S. Bancorp
  • Suntrust
  • Wells Fargo
  • Regions Financial Corporation
  • The PNC Financial Services Group Inc
  • Keycorp
  • Fifth Third Bancorp
  • Capital One Financial Corporation
  • BB&T Corporation

Right now none of these banks seem to be interested in attracting deposits since the rates they are offering on certificates of deposit are low. That is, except for Ally Bank, which has consistently been offering CD rates that are in the top 5 best available rates at any given time. The largest of these banks, Wells Fargo, is currently offering 1 year bank CD rates at a dismal 0.05 percent – you’re better off stuffing your money in a mattress.

Of the 10 banks, Ally Bank has the highest 12 month certificate of deposit rate. Ally Bank CD rates on 1 year CD accounts are currently at 0.94 percent. You can see Ally’s rate is much better than Wells Fargo’s rate and much higher than the FDIC national average rate of 0.22 percent. The same is true for all of Ally Bank CD rates, higher than the averages and higher than the banks listed above.

The banks that would have the minimum capital requirement in the test might increase their deposit rates in the coming weeks and months. I don’t expect these banks to start offering rates higher than Ally Bank’s rate unless they are really serious about increasing their capital.

 
Author: Brian McKay
March 10th, 2013
Posted in: CD Rates