CD Rates at Popular Direct Lowered
Popular Direct CD rates, which at one point in 2019 were the best CD rates on our rate list, were lowered yesterday. Despite the decreases in rates, Popular Direct CD rates are still very competitive. The biggest decrease was 3 year CD rates from Popular Direct which were lowered 15 basis points to 3.10 percent with an APY of 3.15 percent. Even with this decrease, 3 year CD rates from Popular Direct are still the third best rate on our 3 year CD rate list.18 month CD rates were lowered from 2.86 percent with an APY of 2.90 percent to 2.81 percent with an APY of 2.85 percent. 2 year CD rates were lowered from 3.00 percent with an APY of 3.05 percent to 2.96 percent with an APY of 3.00 percent.The new 2 year CD rate of 3.00 percent places Popular Direct's rate in second place on our 2 year rate list. The top rate is from First Internet Bank of Indiana at 3.03 percent.
4 year CD rates were lowered from 3.30 percent with an APY of 3.35 percent to 3.25 percent with an APY of 3.30 percent. 5 year CD rates were lowered from 3.49 percent with an APY of 3.55 percent to 3.44 percent with an APY of 3.50 percent.
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