Bank CD Rates March 27, 2013
Average bank CD rates on 2 year and 5 year certificates of deposit were lower this week while 1 year CD rates remain unchanged. 1 year CD rates at banks are averaging 0.63 percent this week but you can find many banks offering 1 year rates well above the average. The best CD rates in our 1 year CD rate database are at 1.04 percent with an APY of 1.05 percent. The bank offering that rate and yield is GE Capital Retail Bank.
The Federal Deposit Insurance Corporation (FDIC) has average 1 year CD interest rates even lower than the average of 0.63 percent. In this week's National Rates and Rates Cap Survey released by the FDIC, average 1 year rates are at 0.22 percent - less than one fourth the best rate in our database. Average jumbo CD rates in the FDIC survey this week are not much higher, averaging 0.23 percent.
Average 2 year rates declined to 0.65 percent this week, down from last week's average 2 year rate of 0.69 percent. The FDIC has average 2 year rates at 0.35 percent, down from last week's average of 0.37 percent. The highest CD rates on 2 year certificate of deposit in our database are almost double the average at 1.15 percent with an APY of 1.16 percent. The bank offering the best 2 year rate and yield this week is Virtual Bank.
5 year CD interest rates are averaging 1.21 percent, a decline from last week's average 5 year rate of 1.25 percent. Average 5 year rates in the FDIC survey are at 0.77 percent, a decline from last week's average 5 year rate of 0.79 percent. The best 5 year rates in our database are from The National Republic Bank of Chicago at 1.85 percent with an APY of 1.87 percent.
Below is a list of the top CD rates for March 27, 2013:
Top 1 Year Rates and Yields
Top 2 Year Rates and Yields
Top 5 Year Rates and Yields
CD CalculatorsCD Ladder Calculator
Recent CD Rate Articles
Savings RatesSavings Accounts
Bank Savings Accounts
Credit Union Savings Accounts
Mortgage RatesMortgage Refinance Rates
Bank Mortgage Rates
Credit Union Mortgage Rates
CD Rate Archives
CD InformationJumbo CD Rates
Using a CD Calculator
FDIC Certificate of Deposit Insurance up to $50 Million
Direction of CD Rates in 2010
Historical CD RatesCD Rates from American Express Bank
Top 12 Month CD Rates
Top 18 Month CD Rates
Three Month CD Rates and CD Yields
AIG Bank CD Rates
Bank CD Rates - January 5, 2009
Ally Bank CD Rates
Discover Bank CD Rates
ING Direct CD Rates
Average CD Rates
CD Rates - Current 12 Month Bank CD Rates