Nordstrom Bank’s Very Competitive CD Rates – 1 Year CD Rate at 1.23 Percent

Nordstrom Bank CD rates are new to our rate table having been added this past month. Nordstrom Bank's rates are very competitive and the bank's 1 year CD rate is the third top rate on our 1 year CD rates list. The bank's deposits are insured by the FDIC, the bank's FDIC Certificate number is 33497.

Nordstrom Bank is a trade name of Nordstrom FSB, a wholly owned subsidiary of Nordstrom, Inc. The bank's full service and only brick and mortar office is based in Scottsdale, Arizona. In case you're wondering, the bank is associated with the high end department store Nordstrom.

Now let's take a look at the CD interest rates offered. 1 year CD rates at Nordstrom Bank are currently at 1.22 percent with an APY of 1.23 percent. The only banks on our list that have a better rate are Synchrony Bank and CIT Bank at 1.24 percent with an APY of 1.25 percent

The bank's other rates are competitive but don't make into the top 5 on our rate lists. Listed below are all the rates offered by the bank.

Nordstrom Bank Current CD Rates

  • 3 Month Rate 0.35% APY 0.35%

  • 6 Month Rate 0.45% APY 0.45%

  • 1 Year Rate 1.22% APY 1.23%

  • 18 Month Rate 1.24% APY 1.25%

  • 2 Year Rate 1.29% APY 1.30%

  • 3 Year Rate 1.44% APY 1.45%

  • 5 Year Rate 1.83% APY 1.85%

Nordstrom Bank rates are effective as of April 28, 2015.
Author: Brian McKay
July 1st, 2015