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Best CD (Certificate of Deposit) Rates

Find the highest C.D. rates available.

What is a CD (Certificate of Deposit)?

A certificate of deposit or CD is a time deposit, a financial product commonly offered to consumers by banks and credit unions.

Top 1 Year CD Rates


Rate Search ResultsClick here for column definitions
Institutions
Date
Rate
CM
APY
Minimum Deposit


Jacksonville, FL
09/22/171.61D1.62$5,000


NY, NY
09/22/171.59D1.60$10,000


New York, NY
09/22/171.49D1.50$500


Morristown, NJ
09/22/171.49D1.50$2,000


Alexandria, VA
09/22/171.40D1.41$1,000


Columbus, OH
09/22/171.40D1.41$500


Albuquerque, NM
09/22/170.80S0.80$500
My e-BAnC by BAC Florida Bank

Coral Gables, FL
09/22/171.61D1.62$1,500
Pacific National Bank

Miami, FL
09/22/171.59M1.60$1,000
M.Y. Safra Bank, FSB

New York, NY
09/22/171.57M1.58$5,000
First Internet Bank of Indiana

Indianapolis, IN
09/22/171.56M1.57$1,000
VirtualBank

Miami, FL
09/22/171.55M1.56$10,000
Sallie Mae

Murray, UT
09/22/171.49D1.50$2,500
Barclays

Wilmington, DE
09/22/171.43D1.45$0
ableBanking, a division of Northeast Bank

Lewiston, ME
09/22/171.39D1.40$1,000
Connexus Credit Union

Wausau,
09/22/171.39Q1.40$5,000
Live Oak Bank

Wilmington, NC
09/22/171.39D1.40$2,500
TAB Bank

Ogden, UT
09/22/171.35D1.36$1,000
PurePoint Financial

Woodland Hills, CA
09/22/171.34D1.35$10,000
Discover Bank

Santa Barbara, CA
09/22/171.34D1.35$2,500
Colorado Federal Savings Bank

Greenwood Village, CO
09/22/171.34D1.35$5,000
AloStar Bank of Commerce

Birmingham, AL
09/22/171.34D1.35$1,000
Home Savings Bank

Salt Lake City, UT
09/22/171.34D1.35$5,000
Goldwater Bank

Scottsdale, AZ
09/22/171.35 1.35$5,000
giantbank.com

Ft. Lauderdale, FL
09/22/171.30D1.31$2,500
Limelight Bank

Pleasant Grove, UT
09/22/171.29D1.30$1,000
Luana Savings Bank

Luana, IA
09/22/171.25 1.25$1,000
Northern Bank Direct

Woburn, MA
09/22/171.15S1.15$500
NBKC Bank

Overland Park, KS
09/22/171.10D1.11$1,000
5 Star Bank

Colorado Springs, CO
09/22/170.99 1.00$1,000
EH National Bank

Beverly Hills, CA
09/22/170.95 0.95$10,000
HSBC Bank USA, N.A.

New York, NY
09/22/170.95D0.95$1,000
NewDominion Bank

Charlotte, NC
09/22/170.85 0.85$1,000
USAA

San Antonio, TX
09/22/170.71M0.71$1,000
Congressional Bank

Bethesda, MD
09/22/170.60 0.60$25,000
CDBank.com

Dallas, TX
09/21/171.65S1.65$10,000
Salem Five

Salem, MA
09/19/170.70M0.70$10,000

CDs are similar to savings accounts in that they are federally insured and thus almost completely risk-free; they are "money in the bank." Bank CDs are insured by the FDIC (Federal Deposit Insurance Corporation) and credit union CDs are insured by the NCUA (National Credit Union Association).

They are different from savings accounts in that the CD has a specific, fixed term to maturity and typically a fixed interest rate for the duration of that term. CDs can have lower or higher rates that savings accounts, depending on the direction the prime rate (controlled by the Federal Reserve) is headed. You must leave your money in the CD for the term to maturity or face withdrawal penalties, which can quickly cut into the interest.


Aurora Bank Tops 6 month CDs

Aurora bank is currently offering 6 month bank CD rates at 1.00% with a yield of 1.00%. That rate is more than three times the current national average 6 month rate of 0.308% as reported by MonitorBankRates.com. The minimum opening deposit for a certificate of deposit account at Aurora Bank is $1,000. Discover Bank has the second [...]

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Best 9 Month CD Rates Dropping

The best 9 month CD rates from our database topped out at a fairly low 1.0% APY this week, with the best 12 month CDs topping out at just 1.20% APY. You may be able to find a local community bank or credit union offering a slightly higher interest rate, however, these institutions tend to be fairly [...]

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Bank of Internet CD Rates

Bank of Internet just raised its 1 year CD from 1.21% to 1.27%. This isn’t really a huge rate increase but it is nice to see some rate increases when overall CD rates have been dropping steadily. The minimum deposit on this CD is $1000. The Bank of Internet CDs feature: Multiple beneficiaries can be [...]

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Best CD Rates in California

The current top CD rates in California are: 3 month CD – OneUnited Bank – .50% APY, 1,000 min deposit 6 month CD – Pacific Mercantile Bank – 1.00% APY, 10,000 min deposit 9 month CD – OneUnited Bank – 1.00% APY, 1,000 min deposit 1 year CD – PatelCO Credit Union – 5.00% APY, [...]

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Best CD Rates in Florida

Here’s a list of the current top CD rates in Florida: 3 month CD – OneUnited Bank Unity CD – 0.50% APY, 1000 min deposit 7 month CD – TotalBank Promotional CD – 1.10% APY, 1000 min deposit 9 month CD – ONeUnited Bank Unity CD – 1.00% APY, 1000 min deposit 1 year CD [...]

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Best CD Rates in Texas

The current top CD rates in Texas include: 3 month – Featured CD with .60% APY at Equity Bank, 1000 min deposit 6 month – Featured CD with .80% APY at Equity Bank, 1000 min deposit 9 month – Share CD with .80% APY at Navy FCU, 1000 min deposit 1 year – Super Saver [...]

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Ally Bank Review – CD Rates, Savings, Money Market

Ally Bank is the online subisdary of Ally financial services. Ally has always had competitive interest rates on all their deposit products, along with no minimum balances, 24/7 customer support, and no monthly fees. I’ve found Ally’s interface to be intuitive and easy to use, and their customer service has also been excellent when I [...]

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CNB Bank Direct High Yield Savings, CD

CNBBankDirect currently has a high-yield savings account with a minimum opening deposit of $1. This savings account’s APY is 1.2%. The interest rate is variable and can change after an account is opened. Details of the high-yield savings account include: Minimum opening deposit of $1 No monthly maintenance fee Open account online Insured by the [...]

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Historical CD Rates from 2009/2010

With interest and CD rates still at recent lows, how does the savings landscape look for certificate of deposit rates in the future? The past 2 years or so have seen rates plummet. Let’s take a look at the historical CD rates over the past 2 years: There was a 7 month CD promo at [...]

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Flushing Bank (NY) Local CD Rates

Flushing Bank is offering a special 18-month CD with a 1.70% APY. Minimum deposit is $5,000 ($1,000 for IRAs). New money is required. They also have a 3-month rate special on its BestRate Checking. A 1.30% APY is guaranteed for 90 days from account opening for balances of at least $5,000. The $5,000 minimum balance [...]

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Incredible Bank Tops CD Rates

Incredible Bank recently raised their CD rates to respectable levels. The new 1 year CD rate is 1.45% APY. They also have an 18 month CD at 1.55% APY. These CDs are available online nationwide. Incredible Bank CDs feature: $10,000 minimum deposit $90,000 maximum deposit Withdrawal penalty – 6 months of interest Incredible bank also [...]

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West Town Savings Bank – 7 Year CD

Residents in Illinois have access to one of the top 7 year CD rates at West Town Savings Bank. Their 7 year CD has an APY of 3.24% APY. The 5 year CD rate is 2.12% APY. Minimum deposit on all CDs is $1000. You have to open an account in branch. There are branches [...]

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Salem Five Tops Online CD Rates

Salem Five’s special CDs are amongst the top CD rates available nationwide. The CDs feature a $10,000 minimum deposit. 14 month special CD – 1.35% APY 24 month special CD – 1.75% APY 60 month special CD – 2.72% APY Salem Five also has IRA special CDs with the same rates. Salem Five also offers [...]

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Aurora Bank CD Rates, Savings, Checking Accounts

Aurora Bank currently has competitive certificate of deposit rates available. Checking and savings account are also available, but the rates are not as high. Aurora bank CDs have different yields based on term to maturity and deposit amount. CD rates range from 1.10% APY for a 6 month CD with 1000 minimum deposit to 2.32% [...]

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Ascencia Tops CD Rates

Ascencia has competitive CD rates, including 1.4% annual percentage yield (APY) for a 1-year term. The CD rate is current as of Dec. 26, 2010. The quoted CD rate is guaranteed for 20 days from the date of the application. Other CD rates at the bank include: 1.11% APY for 6 months 1.45% APY for 2 [...]

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