California First National Bank Lowers 1 Year CD Rate

California First National Bank, which had the sixth highest 1 year CD rate on our rate list, recently lowered their rate. The old rate was 1.21 percent with an APY of 1.22 percent, the new rate is 1.15 percent with an APY of 1.16 percent.

The new lower rate places the bank eleventh on our 1 year CD rate list. CalFirst is also offering competitive CD rates for several other CD terms. Their entire list of current rates is below

CalFirst 1 Year CD RateCalFirst CD Rates

  • 3 Month Rate 0.55% Y‪ield 0.55%
  • 6 Month Rate 0.90% Yield 0.90%
  • 1 Year Rate 1.15% Yield 1.16%
  • 2 Year Rate 1.39% Yield 1.40%
  • 3 Year Rate 1.54% Yield 1.55%

CalFirst's minimum opening deposit and minimum balance for a regular CD is $5,000. For an IRA CD the minimums are $2,000.

Author: Brian McKay
November 1st, 2015