Average CD Rates – November 16, 2009

Average bank CD rates are down this week over last. The average 12 month CD rate is just above 1.00 percent at 1.113 percent. Just six months ago, the average 12 month certificate of deposit rate was 1.48 percent.

You can find CD rates higher than the national average rates. UmbrellaBank.com is offering one of the highest CD rates and CD yields around. Their current 12 month CD rate is 2.08 percent and the annual percentage yield (APY) is 2.10 percent.

Average CD Rates

• Average 3 month certificate of deposit rates are at 0.570 percent this week, down from the prior week’s average rate of 0.578 percent.
• Average 6 month CD interest rates are at 0.834 percent, down from last week’s average rate of 0.846 percent.
• Average 12 month CD rates are at 1.113 percent, down from the previous week’s average interest rate of 1.126 percent.
• Average 18 month rates are at 1.277 percent, up from last week’s average rate of 1.297 percent.
• 24 month CD rates are averaging 1.587 percent this week, down from the prior week’s average of 1.602 percent.
• 36 month CD interest rates are at 1.902 percent, down from the previous week’s average of 1.917 percent.
• 48 month CDs are averaging 2.125 percent, down from last week’s average rate of 2.146 percent.
• 60 month certificate of deposits are averaging 2.413 percent, down from the prior week’s average rate of 2.415 percent.

Find the Best CD Rates in your zip code by searching our CD Rate Tables.