Nationwide Bank Changes CD Rates
Nationwide Bank made some changes to their CD rates yesterday. Nationwide Bank CD rates were increased on the bank's 2 year certificates of deposit and lowered on the bank's 4 and 5 year certificates of deposit. The largest increase was on Nationwide's 2 year regular CD account which was increased 8 basis points. Jumbo 2 year CD rates were only increased 5 basis points.
Nationwide's 4 year regular and jumbo CD rates were both lowered 5 basis points. Regular 4 year CD rates were lowered from 1.44 percent with a yield of 1.45 percent to 1.39 percent with a yield of 1.40 percent. 4 year jumbo CD rates were lowered from 1.49 percent with a yield of 1.50 percent to 1.44 percent with a yield of 1.45 percent.
5 year jumbo CD rates were lowered from 1.66 percent with a yield of 1.67 percent to 1.61 percent with a yield of 1.62 percent. Regular 5 year CD rates were lowered from 1.61 percent with a yield of 1.62 percent to 1.56 percent with a yield of 1.57 percent.
To see how Nationwide Bank's CD rates compare with some of the best CD rates available at Banks by searching our CD rate lists at CDRates.RatesORama.com.
Author: Brian McKay
October 14th, 2016