web statistics
Best CD Rates Move Higher This Week: Sallie Mae 1 Year CD Rate Increased to 1.15%
 

Best CD Rates Move Higher This Week: Sallie Mae 1 Year CD Rate Increased to 1.15%

RSS
Follow by Email
Facebook
Google+
Twitter
The best CD rates available this week moved higher, continuing the uptrend of the past several months. The newest increase in 1 year CD rates comes from Sallie Mae Bank. The banking division of the student loan company Sallie Mae increased their 1 year CD rate to 1.14 percent with an APY of 1.15 percent.

Sallie Mae Bank now has the best 1 year rate from bank or credit union in the 1 year rate database. The best rate used to be held by Pentagon Federal Credit Union (PenFed) at 1.21 percent. PenFed lowered their 1 year CD rate to 1.00 percent recently. Listed below are the highest CD rates available this week from credit unions and banks.

Highest CD Rates November 6, 2014


3 Month Rates

  • First Bank of Indiana 0.45% APY

  • AloStar Bank of Commerce 0.40% APY

  • BankDirect 0.40% APY

  • Goldwater Bank 0.40% APY

  • Pacific Mercantile Bank 0.40% APY

  • Virtual Bank 0.40% APY


6 Month Rates

  • Chartway Federal Credit Union 0.85% APY

  • Doral Direct 0.82% APY

  • EH National Bank 0.80% APY

  • ableBanking, a division of Northeast Bank 0.70% APY

  • Colorado Federal Savings Bank 0.70% APY

  • First Internet Bank of Indiana 0.70% APY

  • GE Capital Bank 0.70% APY

  • My e-BAnC by BAC Florida Bank 0.70% APY


1 Year Rates

  • Sallie Mae 1.14% APY 1.15%

  • CIT Bank 1.11% APY 1.12%

  • Synchrony Bank Optimizer Plus 1.09% APY 1.10%

  • BankDirect 1.09% APY 1.10%

  • Colorado Federal Savings Bank 1.09% APY 1.10%

  • GE Capital Bank 1.09% APY 1.10%

  • My e-BAnC by BAC Florida Bank 1.09% APY 1.10%

  • Silvergate Bank 1.07% APY 1.08%

  • Congressional Bank 1.04% APY 1.05%


 
Author: Brian McKay
November 6th, 2014