1 Year CD Rates in Florida – Best APY at 1.15%

Bank CD rates have been horrible the past several years and rates will stay low for the foreseeable future thanks to the Federal Reserve keeping a lid on rates to help revive the economy. The current average 12 month CD rate in the state of Florida is at 0.70 percent. The FDIC's national average 12 month CD rate is even less at 0.28 percent.