Third Federal Savings & Loan CD Rates: Best CD Rate at 1.75% APY

Average CD rates at banks have been dismal for several years now. What was the highest CD rates on 1 year certificates of deposit are not even the highest 5 year certificate of deposit rates around.

One of the best CD rates on 5 year certificates of deposit right now is from Third Federal Savings & Loan. Current 5 year bank CD rates at Third Federal Savings & Loan are offered at 1.74 percent with an annual percentage yield of 1.75 percent.




I remember just before the financial crisis 1 year CD internet rates were between 3.50 percent and 5.00 percent. Now most 1 year rates are below 1.00 percent and the highest CD rates on 1 year CDs are just above 1.00 percent.

Third Federal Savings & Loan's 5 year rate of 1.75 percent is almost 40 basis points higher than the current national average 5 year rate of 1.36 percent. The FDIC's national average 5 year CD rate is even lower at 1.06 percent.

Other CD rates at Third Federal are not as competitive as the bank's 5 year rate. Current 6 month rates at Third Federal are at 0.35 percent with an APY of 0.35 percent. On our rate list Discover Bank is offering 6 month rates at 0.75 percent with an APY of 0.75 percent.

CD Rates at Third Federal Savings & Loan



  • 6 Month Rates 0.35% APY 0.35%

  • 1 Year Rates 0.40% APY 0.40%

  • 2 Year Rates 0.60% APY 0.60%

  • 5 Year Rates 1.74% APY 1.75%


You can search for and compare the best certificate of deposit rates from many different banks by searching your rate tables here: Highest CD Rates.
 
Author: Jason P. Jones
July 8th, 2012
Posted in: CD Rates from Banks