Right now the national average 12 month CD rate is 0.99 percent. Many banks offer CD rates better than the national average. We did a search for the best CD rates in Los Angeles, California and found the highest 12 month CD rates at banks are from First Federal Bank of California and Tennessee Commerce Bank.Both banks are offering a CD rate of 1.69 percent with an annual percentage yield (APY) of 1.70 percent. Discover Bank and AIG Bank are next on the list, both banks are offering a 12 month CD rate of 1.59 percent with an APY of 1.60 percent.For shorter term CD rates, the best CD rate for a 3 month CD is from BankDirect, their current 3 month CD rate is 1.11 percent with an APY of 1.11 percent.
For six month certificate deposit rates First Century Bank tops our list, their current 6 month CD rate is 1.74 percent with an APY of 1.75 percent.
Longer term certificate of deposit rates include a 5 year CD rate of 3.44 percent from Pentagon Federal Credit Union (PenFed) with an APY of 3.50 percent.
Right now the national average 12 month CD rate is 0.99 percent. Many banks offer CD rates better than the national average. We did a search for the best CD rates in Los Angeles, California and found the highest 12 month CD rates at banks are from First Federal Bank of California and Tennessee Commerce Bank.Both banks are offering a CD rate of 1.69 percent with an annual percentage yield (APY) of 1.70 percent. Discover Bank and AIG Bank are next on the list, both banks are offering a 12 month CD rate of 1.59 percent with an APY of 1.60 percent.For shorter term 
