1 Year CD Rates at Banks Mover Lower in January

1 year bank CD rates moved lower in January, continuing the downtrend of the past four years. Current 1 year CD rates at banks are averaging 0.23 percent in the FDIC's National Rate and Rates Cap Survey for January 22, 2013. 1 year CD rates are down from the December 24, 2012, average rate of 0.24 percent.