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, 1,000 max deposit (special CD)
• 18 month CD – Pacific Mercantile Bank – 1.31% APY, 10,000 min deposit
• 3 year CD – United Central Bank – 1.81% APY, 1,000 min deposit
• 5 year CD – Pacific Mercantile Bank – 1.31% APY, 10,000 min deposit

These are all local rates available at California banks and credit unions. Better CD rates can, for the most part, be found in online CDs.