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CD Rates | Compare the Best CD Rates at Banks by Searching our CD Rates List at RatesORama.com
 

CD Rates | Search for CD Rates Today

Search and compare the highest CD rates available locally and nationally using our CD Rate list below. We maintain a list of the best certificate of deposit rates available at local banks, national banks and credit unions. Use our rate list to find the best CD rates available. Our CD database of rates is updated daily since CD interest rates change all the time.
CD Term
Product Type
Search Type
 
Institution
APY
Rate
Min. Deposit
Comments
Live Oak Bank

2 yr CD
1.500%
05/28/2015
1.500%
$75,000.00
 
Pentagon Federal Credit Union

2 yr CD
1.410%
05/28/2015
1.400%
$1,000.00
 
Barclays

2 yr CD
1.350%
05/28/2015
1.340%
$0.00
No Minimum Balance. No Monthly Maintenance Fees. FDIC Insured. 
iGObanking.com

2 yr CD
1.350%
05/28/2015
1.340%
$1,000.00
1.00 APY* Savings, FDIC insured, open online or by mail 
My e-BAnC by BAC Florida Bank

2 yr CD
1.310%
05/28/2015
1.300%
$1,500.00
Make sure to check our Jumbo Rates at www.bacflorida.com 
California First National Bank

2 yr CD
1.300%
05/28/2015
1.290%
$5,000.00
 
Home Savings Bank

2 yr CD
1.300%
05/28/2015
1.290%
$10,000.00
 
Ally Bank

2 yr CD
1.290%
05/28/2015
1.280%
$0.00
If Our Rate on this CD Goes Up Yours Can Too. Learn More Now. 
First Internet Bank of Indiana

2 yr CD
1.260%
05/28/2015
1.250%
$1,000.00
 
VirtualBank

2 yr CD
1.260%
05/28/2015
1.250%
$10,000.00
FDIC Insured 
AloStar Bank of Commerce

2 yr CD
1.250%
05/28/2015
1.240%
$1,000.00
 
Colorado Federal Savings Bank

2 yr CD
1.250%
05/28/2015
1.240%
$5,000.00
 
Discover Bank

2 yr CD
1.250%
05/28/2015
1.240%
$2,500.00
Rates that consistently beat the competition. Open a CD today! 
Salem Five

2 yr CD
1.250%
05/28/2015
1.240%
$10,000.00
**All deposits FDIC and DIF insured** Apply online/phone today! 
Lone Star Bank

2 yr CD
1.180%
05/28/2015
1.170%
$1,000.00
 
Silvergate Bank

2 yr CD
1.160%
05/28/2015
1.150%
$25,000.00
 
Congressional Bank

2 yr CD
1.100%
05/28/2015
1.100%
$50,000.00
Open a CD Online Today! Member FDIC. 
Capital One 360 Bank

2 yr CD
1.100%
05/28/2015
1.090%
$1.00
 
Goldwater Bank

2 yr CD
1.090%
05/28/2015
1.090%
$5,000.00
 
Presidential Bank, FSB

2 yr CD
1.100%
05/28/2015
1.090%
$1,000.00
 
EH National Bank

2 yr CD
1.060%
05/28/2015
1.050%
$10,000.00
 
Chartway Federal Credit Union

2 yr CD
1.000%
05/28/2015
1.000%
$2,500.00
Visit us online at chartway.com/webcert to learn more today! 
E-LOAN

2 yr CD
1.000%
05/28/2015
1.000%
$10,000.00
Easy process. 100% online. No fees. Start earning interest now! 
TAB Bank

2 yr CD
1.010%
05/28/2015
1.000%
$1,000.00
Member FDIC. Great Rates on Savings. 
USAA

2 yr CD
0.810%
05/28/2015
0.810%
$1,000.00
Competitive rates from USAA. Strong, Stable, FDIC insured. 
Astoria Bank

2 yr CD
0.750%
05/28/2015
0.750%
$500.00
 
Bank of Internet USA

2 yr CD
0.700%
05/28/2015
0.700%
$1,000.00
FDIC Insured Nationwide Banking 
ableBanking, a division of Northeast Bank

2 yr CD
0.700%
05/28/2015
0.700%
$1,000.00
$25 New Customer Gift to give to charity (501c3). FDIC insured. 
NewDominion Bank

2 yr CD
0.650%
05/28/2015
0.640%
$1,000.00
Achieve Rapid Growth Results w/Our Rates! Open Online-Member FDIC 
5 Star Bank

2 yr CD
0.600%
05/28/2015
0.600%
$1,000.00
 
EverBank

2 yr CD
1.100%
05/27/2015
1.090%
$1,500.00
 
giantbank.com

2 yr CD
1.060%
05/26/2015
1.050%
$2,500.00
 

Data Provided by Bankrate.com Rates are accurate and available as of the date seen for Bankrate customers. Identify yourself as a Bankrate consumer to get the Bankrate.com rate. Bankrate.com has today's most competitive deposit rates. Additional details.
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Certificate of deposit rates continue to slowly move higher this week. While several banks increased their CD rates, there are no new highs to report on this week. Like I have stated in the past, we will have to wait for the Federal Open Market Committee to vote to increase the federal funds rate before we see remarkably higher CD rates.

It won’t be too long before we actually see higher rates. The FOMC usually votes to increase or decrease the federal funds rate during one of their regularly scheduled meetings. The next FOMC meeting scheduled for June 16 and June 17.

There is a chance we will see the fed funds rate increased during the June meeting. After the June meeting, there is another meeting in July and one in September. There is almost a 100 percent certainly that the rate will be increased between June and September.

Since CD rates are moving higher over the next 4 months you should stay invested in shorter term certificates of deposit. The best short term CD rate we have right now is on our 2 month rate list. MyCBB Bank 2 month CD rate is currently at 0.80 percent with an APY of 0.80 percent.

Listed below are the highest CD rates for both short term and long term certificates of deposit. Also listed below are the FDIC’s national average rates for May 11, 2015. The FDIC releases a weekly report on national average deposit rates.

Highest Certificate of Deposit Rates May 17, 2015

1 Month CD Rates

  • Lone Star Bank 0.15% APY
  • Virtual Bank 0.15% APY
  • AloStar Bank of Commerce 0.10% APY

2 Month CD Rates

  • MyCBB 0.80% APY 0.80%
  • E-LOAN 0.16% APY 0.16%
  • Lone Star Bank 0.15% APY 0.15%
  • Virtual Bank 0.15% APY 0.15

3 Month CD Rates

  • California First National Bank 0.60% APY 0.60%
  • First Internet Bank of Indiana 0.45% APY 0.45%
  • AloStar Bank of Commerce 0.40% APY 0.40%
  • Goldwater Bank 0.40% APY 0.40%
  • VirtualBank 0.40% APY 0.40%
  • Discover Bank 0.35% APY 0.35

6 Month CD Rates

  • Zions Direct 1.00% APY 1.00%
  • California First National Bank 0.95% APY 0.95%
  • Pentagon Federal Credit Union 0.81% APY 0.81%
  • My e-BAnC by BAC Florida Bank 0.80% APY 0.80%
  • Silvergate Bank 0.75% APY 0.75%
  • Colorado Federal Savings Bank 0.70% APY 0.70%
  • First Internet Bank of Indiana 0.70% APY 0.70%
  • Goldwater Bank 0.70% APY 0.70%

9 Month CD Rates

  • NewDominion Bank 0.80% APY 0.90%
  • AloStar Bank of Commerce 0.80% APY 0.80%
  • Discover Bank  0.70% APY 0.70%
  • VirtualBank 0.70% APY 0.70%
  • giantbank.com 0.70% APY 0.70%
  • USAA 0.66% APY 0.66%
  • EverBank 0.63% APY 0.63%
  • Barclays 0.60% APY 0.60%

1 Year CD Rates

  •  Colorado FSB 1.34% APY 1.35%
  • Pentagon FCU 1.30% APY 1.31%
  • Synchrony Bank 1.22% APY 1.23%
  • Bank Direct 1.20% APY 1.21%
  • My e-BAnC by BAC Florida Bank 1.19% APY 1.20%
  • Home Savings Bank 1.19% APY 1.20%
  • California First National Bank 1.15% APY 1.16%
  • VirtualBank 1.15% APY 1.16%

18 Month CD Rates

  • Synchrony Bank 1.24% APY 1.25%
  • VirtualBank 1.20% APY 1.21%
  • My e-BAnC by BAC Florida Bank 1.19% APY 1.20%
  • AloStar Bank of Commerce 1.14% APY 1.15%
  • First Internet Bank of Indiana 1.10% APY 1.10%
  • Ally Bank 1.09% APY 1.10%
  • Colorado Federal Savings Bank 1.04% APY 1.05%
  • Discover Bank 1.04% APY 1.05%

2 Year CD Rates

  • Synchrony Bank 1.34% APY 1.35%
  • CIT Bank 1.34% APY 1.35%
  • Barclays 1.34% APY 1.35%
  • iGObanking.com 1.34% APY 1.35%
  • My e-BAnC by BAC Florida Bank 1.30% APY 1.31%
  • Home Savings Bank 1.29% APY 1.30%
  • Ally Bank 1.28% APY 1.29%

30 Month CD Rates

  • Lone Star Bank 1.41% APY 1.42%
  • Discover Bank  1.29% APY 1.30%
  • EverBank 1.23% APY 1.24%
  • USAA 0.85% APY 0.85%

3 Year CD Rates

  • Synchrony Bank 1.49% APY 1.50%
  • Lone Star Bank 1.49% APY 1.50%
  • Capital One 1.49% APY 1.49%
  • First Internet Bank of Indiana 1.45% APY 1.46%
  • Barclays Bank 1.44% APY 1.45%
  • Discover Bank 1.44% APY 1.45%
  • EverBank 1.44% APY 1.45%

4 Year CD Rates

  • Nationwide Bank 1.84% APY 1.86%
  • Barclays Bank 1.83% APY 1.85%
  • CIT Bank 1.80% APY 1.82%
  • Virtual Bank 1.77% APY 1.78%
  • EverBank 1.76% APY 1.78%
  • Capital One 1.75% APY 1.75%
  • Discover 1.74% APY 1.76%
  • Synchrony Bank 1.73% APY 1.75%

5 Year CD Rates

  •  Synchrony Bank 2.23% APY 2.25%
  • Barclays Bank 2.23% APY 2.25%
  • Capital One 2.18% APY 2.18%
  • Home Savings Bank 2.13% APY 2.15%
  • First Internet Bank of Indiana 2.10% APY 2.12%
  • EverBank 2.01% APY 2.03%

FDIC National Average CD Rates

  • 1 month CD Rate 0.06%
  • 3 month CD Rate 0.08%
  • 6 month CD Rate 0.12%
  • 12 month CD Rate 0.20%
  • 24 month CD Rate 0.34%
  • 36 month CD Rate 0.47%
  • 48 month CD Rate 0.60%
  • 60 month CD Rate 0.79%
Author: Brian McKay

Federal Open Market Committee officials are still uncertain on when to increase their key benchmark interest rate, the federal funds rate. CD rates and other deposit rates are tied to the federal funds rate so when the rate is increased, deposit rates will also move higher.

The most recent press release by the Fed didn’t contain any surprises on when rates will move higher. The most telling statement was the following:

The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run.

In plain language, the Fed is saying even when they increase the rate, they might keep it lower than would have in the past. This policy makes sense in that the Fed is hedging their bets for the future but not committing to anything. We have seen so many false starts regarding economic growth.

Growth was robust for many quarters until the first quarter of 2015’s GDP growth of 0.2 percent, a shocking and disappointing number. Chances are the harsh cold weather most of the country experienced in January and February depressed growth. We should see a sharp rebound in 2nd quarter GDP.

If 2nd quarter growth comes in above 3.00 percent and if job growth is strong in the coming months the Fed will increase rates in June. Weaker than expected growth will force the Fed to wait until later in the summer or until as late as September to increase rates.

Either way, interest rates are moving higher within the next 4 months. If you have any certificates of deposits maturing, be sure to reinvest in shorter term CDs. It makes no sense to lock into a long term CD rate now when rates are moving higher.

By the end of 2015, 1 year CD rates could be in the 2.50 percent to 3.00 percent range. 6 month CD rates will head towards 2.00 percent. Longer term rates will also move higher. 5 year CD rates which are currently around 2.25 percent will increase towards 3.50 percent, possibly as high as 4.00 percent.

The higher interest rate cycle will start in 2015 and will last until 2017 or 2018. I wouldn’t lock into a CD term longer than 1 year for the next 3 years. You’re better off staying invested in 6 month CDs so you can take advantage of higher rates every 6 months.

Listed below are the best CD rates for CD terms of 3 months, 6 months, and 1 year:

3 Month CD Rates

  • California First National Bank 0.60% APY
  • First Internet Bank of Indiana 0.45% APY
  • AloStar Bank of Commerce 0.40% APY
  • Goldwater Bank 0.40% APY
  • Virtual Bank 0.40% APY
  • Barclays Bank 0.35% APY
  • Discover Bank 0.35% APY
  • EverBank 0.34% APY

6 Month CD Rates

  • Zions Direct 1.00% APY
  • California First National Bank 0.95% APY
  • MyCBB 0.85% APY
  • Chartway Federal Credit Union 0.85% APY
  • Pentagon Federal Credit Union 0.81% APY
  • EH National Bank 0.80% APY
  • Silvergate Bank  0.75% APY
  • First Internet Bank of Indiana 0.70% APY
  • Goldwater Bank 0.70% APY

1 Year CD Rates

  • Colorado FSB 1.34% APY 1.35%
  • Pentagon FSB 1.30% APY 1.31%
  • Chartway FSB 1.30% APY 1.31%
  • Synchrony Bank 1.22% APY 1.23%
  • My Bank Direct 1.21% APY 1.22%
  • My e-BAnC by BAC Florida Bank 1.19% APY 1.20%
  • Home Savings Bank 1.19% APY 1.20%
  • Virtual Bank 1.15% APY 1.16%
  • Sallie Mae Bank 1.14% APY 1.15%

Search our CD rate list for the most update rates: CD Rates List

Author: Brian McKay

Synchrony Bank, which had one of the best 1 year CD rates, recently increased their rate again. Synchrony Bank 1 year CD rates are now at 1.22 percent with an APY of 1.23 percent, up from 1.19 percent with an APY of 1.20 percent. Synchrony Bank’s rate beats the old top CD rate held by Bank Direct by 2 basis points.

When a bank or credit union increases their rates we provide a list of all their current rates. Listed below are all of Synchrony Bank’s My Optimizer Plus CD rates.

CD Deposit Amount $2,000 to $14,999

  • 3 Month APY 0.27%
  • 6 Month APY 0.41%
  • 9 Month APY 0.45%
  • 12 Month APY 1.23%
  • 18 Month APY 1.25%
  • 24 Month APY 1.35%
  • 36 Month APY 1.50%
  • 48 Month APY 1.70%
  • 60 Month APY 2.20%

CD Deposit Amount $15,000 to $24,999

  • 3 Month APY 0.32%
  • 6 Month APY 0.50%
  • 9 Month APY 0.60%
  • 12 Month APY 1.23%
  • 18 Month APY 1.25%
  • 24 Month APY 1.35%
  • 36 Month APY 1.50%
  • 48 Month APY 1.70%
  • 60 Month APY 2.20%

CD Deposit Amount $25,000 to $49,999

  • 3 Month APY 0.32%
  • 6 Month APY 0.60%
  • 9 Month APY 0.65%
  • 12 Month APY 1.23%
  • 18 Month APY 1.25%
  • 24 Month APY 1.35%
  • 36 Month APY 1.50%
  • 48 Month APY 1.75%
  • 60 Month APY 2.25%

CD Deposit Amount $50,000 to $99,999

  • 3 Month APY 0.32%
  • 6 Month APY 0.50%
  • 9 Month APY 0.60%
  • 12 Month APY 1.23%
  • 18 Month APY 1.25%
  • 24 Month APY 1.35%
  • 36 Month APY 1.50%
  • 48 Month APY 1.70%
  • 60 Month APY 2.20%

CD Deposit Amount $1000,000 and Higher (Jumbo)

  • 3 Month APY 0.32%
  • 6 Month APY 0.50%
  • 9 Month APY 0.60%
  • 12 Month APY 1.23%
  • 18 Month APY 1.25%
  • 24 Month APY 1.40%
  • 36 Month APY 1.60%
  • 48 Month APY 1.70%
  • 60 Month APY 2.20%

You can see how CD rates at Synchrony Bank compare to other bank CD rates by checking our rate lists: Bank CD Rates

 

Author: Brian McKay

Congressional Bank is currently offering two high yielding certificates of deposit that are at the top of the CD rates list. First let me share a little background information on Congressional Bank. The bank is headquartered in Bethesda, Maryland and has branch locations in Washington, D.C., Herndon, Potomac, and Rockville.

As with any bank these days, you don’t have to live near a branch to use the bank. Congressional Bank uses Commercial Capture Xpress, Anywhere ATM, and online banking which allows you access to the bank’s services and your money. Congressional Bank has it’s deposit insured by the FDIC (Cert #57614) for up to the maximum amount allowed by law.

Congressional Bank CD RatesCongressional Bank CD rates on 1 year certificates of deposit are currently at 1.194 percent with an APY of 1.20 percent. The bank’s 1 year CD rate is tied with two other banks for the top rate on our list. CIT Bank and Synchrony Bank are also offering 1.20 percent APY on 1 year CDs.

The bank’s 2 year CD rate is also currently tied with CIT Bank and Synchrony Bank for the best rate on our list. The bank’s current 2 year rate is 1.344 percent with an APY of 1.35 percent. The minimum opening deposit for both CDs at Congressional Bank is $25,000.

Related Posts:

RatesORama.com has a List of the Best CD rates Available

CD Rates | Best Certificate of Deposit Rates

Author: Brian McKay

Listed below are the highest jumbo CD rates for certificate of deposit terms of 3 months to 5 years. The minimum deposit to open an account at any of the banks or credit unions listed below is $100,000. Most of the financial institutions offering these jumbo CD rates are also offering the same CD rates for regular certificates of deposit.

3 Month Jumbo Certificate of Deposit Rates

  • First Internet Bank of Indiana Jumbo CD Rate 0.45% APY 0.45%
  • AloStar Bank of Commerce Jumbo CD Rate 0.40% APY 0.40%
  • Virtual Bank Jumbo CD Rate 0.40% APY 0.40%
  • Discover Bank Jumbo CD Rate 0.35% APY 0.35%
  • USAA Bank Jumbo CD Rate 0.35% APY 0.35%

1 Year Jumbo Bank and Credit Union CD Rates

  • Chartway Federal Credit Union Jumbo Rate 1.30% APY 1.31%
  • Bank Direct Jumbo Rate 1.20% APY 1.21%
  • Synchrony Bank Jumbo Rate 1.19% APY 1.20%
  • My e-BAnC by BAC Florida Bank 1.19% APY 1.20%
  • Virtual Bank Jumbo Rate 1.15% APY 1.16%
  • Sallie Mae Bank Jumbo Rate 1.14% APY 1.15%

18 Month Jumbo CD Rates

  • Virtual Bank Jumbo CD Rate 10.20% APY 1.21%
  • My e-BAnC by BAC Florida Bank Jumbo CD Rate 1.19% APY 1.20%
  • Chartway Federal Credit Union Jumbo Certificate Rate 1.15% APY 1.15%
  • AloStar Bank of Commerce Jumbo CD Interest Rate 1.14% APY 1.15%
  • First Internet Bank of Indiana Jumbo Rates 1.10% APY 1.10%
  • Discover Bank Jumbo Rates 1.04% APY 1.15%

2 Year Jumbo Bank CD Rates

  • CIT Bank Jumbo Rate 1.42% APY 1.43%
  • My e-BAnC by BAC Florida Bank Jumbo Rate 1.34% APY 1.35%
  • Home Savings Bank Jumbo Rate 1.29% APY 1.30%
  • Chartway Federal Credit Union Jumbo Rate 1.25% APY 1.26%
  • First Internet Bank of Indiana Jumbo Rate 1.25% APY 1.26%
  • VirtualBank Jumbo Rate 1.25% APY 1.26%
  • Synchrony Bank Jumbo Rate 1.24% APY 1.25%
  • AloStar Bank of Commerce Jumbo Rate 1.24% APY 1.25%

3 Year Jumbo CD Interest Rates

  • EverBank Jumbo Rate 1.49% APY 1.50%
  • First Internet Bank of Indiana Jumbo Rate 1.46% APY 1.46%
  • Sallie Mae Jumbo Rate 1.44% APY 1.45%
  • Discover Bank Jumbo Rate 1.44% APY 1.45%
  • My e-BAnC by BAC Florida Bank Jumbo Rate 1.40% APY 1.41%

4 Year Jumbo Bank Rates

  • CIT Bank Jumbo CD Interest Rate 1.95% APY 1.97%
  • Nationwide Bank Jumbo CD Interest Rate 1.93% APY 1.95%
  • Everbank Jumbo CD Interest Rate 1.88% APY 1.90%
  • VirtualBank Jumbo CD Interest Rate 1.77% APY 1.78%
  • Synchrony Bank Jumbo CD Interest Rate 1.73% APY 1.75%
  • Discover Bank Jumbo CD Interest Rate 1.73% APY 1.75%

5 Year Jumbo Bank Interest Rates

  • CIT Bank Jumbo CD Rates 2.25% APY 2.27%
  • Synchrony Bank Jumbo CD Rates 2.23% APY 2.25%
  • Everbank Jumbo CD Rates 2.23% APY 2.25%
  • Home Savings Bank Jumbo CD Rates 2.13% APY 2.15%
  • First Internet Bank of Indiana Jumbo CD Rates 2.10% APY 2.12%
  • Sallie Mae Bank Jumbo CD Rates 2.08% APY 2.10%
  • Discover Bank Jumbo CD Rates 2.08% APY 2.10%

Related Posts:

RatesORama.com has a List of the Best CD rates Available

 

Author: Brian McKay