Bank CD Rates – January 5, 2009
Bank CD rates declined again this week. The average CD rate for a 12 month certificate of deposit declined to 1.043 percent this week. Down from the prior week's average CD rate of 1.051 percent.Looking for CD Rates? Use our CD rate table to find the best CD rates. Best CD RatesUsing our CD rate tables, we found First Federal Bank of California is offering a 12 month certificate of deposit that has an annual percentage yield (APY) of 1.90 percent. Discover Bank is also offering a 12 month CD that has a yield of 1.85 percent.
The average 3 month CD rate is also down again this week. The current average 3 month CD rate at banks is 0.522 percent. La Jolla Bank of California is offering one of the best CD rates and CD yields for a 3 month CD, their current yield is 1.25 percent, more than double the average 3 month rate.
Bank CD Rates
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