CD Rates Grind To Halt As Fed Considers Lower Interest Rates For Banks
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"The interest rate environment could become even more hostile for savers," said
According to the minutes of the Federal Open Market Committee's
"The banks just don't need the money,"
NATIONAL AVERAGE RESULTS -
This |
Last |
|
Money Market |
0.10 |
0.10 |
1 month CD |
0.06 |
0.06 |
3 month CD |
0.09 |
0.09 |
6 month CD |
0.14 |
0.14 |
1 year CD |
0.23 |
0.23 |
2 year CD |
0.37 |
0.37 |
3 year CD |
0.51 |
0.51 |
4 year CD |
0.63 |
0.63 |
5 year CD |
0.82 |
0.82 |
TOP RATE ISSUERS -
This is a list of issuers with top interest rates. The issuer's Financial Strength Rating isan independent, unbiased evaluation of quarterly regulatory statements. Institutions are assigned a letter grade of A-E with "A" representing the highest rating based on a review of many aspects of financial safety including capitalization, asset quality, profitability and liquidity. For more information, visitwww.weissratings.com/help/what-our-ratings-mean.aspx. Information is believed to be accurate, but not guaranteed.
Money Market |
Financial |
Minimum |
APY |
First NBC Bank |
B- |
10000 |
1.260 |
504-671-3550 |
|||
|
D- |
5000 |
0.940 |
212-584-6820 |
|||
|
A- |
1 |
0.900 |
801-281-1423 |
|||
|
C |
10000 |
0.900 |
305-460-8701 |
|||
|
B+ |
1 |
0.850 |
877-247-2559 |
|||
1 Month CD |
Financial |
Minimum |
APY |
Beal Bank |
C+ |
1000 |
0.400 |
702-598-3500 |
|||
|
C |
1000 |
0.400 |
619-894-8066 |
|||
|
A |
1 |
0.350 |
317-805-4300 |
|||
Pinnacle Bank |
B |
500 |
0.350 |
402-454-6515 |
|||
First NBC Bank |
B- |
1000 |
0.350 |
504-671-3550 |
|||
3 Month CD |
Financial |
Minimum |
APY |
Beal Bank |
C+ |
1000 |
0.510 |
702-598-3500 |
|||
C |
1000 |
0.510 |
|
866-862-7355 |
|||
Institution for Savings In Newburyport |
B |
1 |
0.500 |
978-462-3106 |
|||
|
D- |
500 |
0.500 |
850-914-2525 |
|||
FirstBank Florida |
D |
1000 |
0.500 |
305-740-9522 |
|||
6 Month CD |
Financial |
Minimum |
APY |
|
D- |
500 |
1.000 |
212-584-6820 |
|||
|
A |
500 |
0.830 |
801-517-5000 |
|||
Beal Bank |
C+ |
1000 |
0.750 |
702-598-3500 |
|||
|
C+ |
500 |
0.650 |
888-765-6654 |
|||
VirtualBank |
B- |
10000 |
0.650 |
561-776-8860 |
|||
1 Year CD |
Financial |
Minimum |
APY |
|
D- |
500 |
1.200 |
212-584-6820 |
|||
Beal Bank |
C+ |
1000 |
1.110 |
786-347-3601 |
|||
|
A |
500 |
1.050 |
801-517-5000 |
|||
|
B+ |
1000 |
1.020 |
801-412-6800 |
|||
<org value="ACORN:3263555049" idsrc="xmltag.org">Ally Bank |
B+ |
1 |
0.980 |
877-247-2559 |
|||
2 Year CD |
Financial |
Minimum |
APY |
|
D- |
500 |
1.450 |
212-584-6820 |
|||
C+ |
1000 |
1.200 |
|
888-432-5890 |
|||
|
A |
500 |
1.180 |
801-517-5000 |
|||
|
B+ |
1000 |
1.170 |
801-412-6800 |
|||
|
B+ |
1000 |
1.150 |
903-572-9881 |
|||
3 Year CD |
Financial |
Minimum |
APY |
Institution for Savings In Newburyport |
B |
1 |
2.000 |
978-462-3106 |
|||
|
D- |
500 |
1.600 |
212-584-6820 |
|||
|
C |
2500 |
1.450 |
212-218-8383 |
|||
|
C+ |
1000 |
1.400 |
201-939-6600 |
|||
|
C |
1000 |
1.400 |
800-239-9427 |
|||
4 Year CD |
Financial |
Minimum |
APY |
Institution for Savings In Newburyport |
B |
1 |
2.000 |
978-462-3106 |
|||
|
U |
1 |
2.000 |
508-895-1000 |
|||
|
A |
500 |
1.670 |
801-517-5000 |
|||
|
B+ |
10000 |
1.670 |
614-249-6226 |
|||
|
D- |
500 |
1.650 |
212-584-6820 |
|||
5 Year CD |
Financial |
Minimum |
APY |
VirtualBank |
B- |
10000 |
2.020 |
561-776-8860 |
|||
|
A |
500 |
2.010 |
801-517-5000 |
|||
Institution for Savings In Newburyport |
B |
1 |
2.000 |
978-462-3106 |
|||
|
C |
1 |
2.000 |
205-297-1986 |
|||
|
B- |
1000 |
2.000 |
405-228-6540 |
|||
Financial Strength Rating: A=Excellent, B=Good, C=Fair, D=Weak, E=Very Weak, U=Unrated |
Data is surveyed weekly with averages calculated each Monday afternoon from RateWatch's unbiased national interest rate survey of over 96,000 financial institution locations across
About RateWatch
For over 20 years, RateWatch has been the premier provider of competitive interest rate and product information to financial institutions across the United States. Consistently providing top quality, highly relevant data RateWatch maintains the largest database in the industry with deposit, loan, and fee information monitoring over 96,000 locations. Rate surveys, product comparisons, financial strength reporting, local/regional/national averages, fee reporting, specialty reports and more are available. To learn more about RateWatch, visit www.rate-watch.com. RateWatch is a division of
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