Highest CD Rates for Monday April 14

The CD yield curve is still flat heading into the third week in April of 2014. The rate difference between 1 year CD rates and 5 year CD rates is just over 1.00 percent. CD rates won't be moving higher until the Federal Open Market Committee (FOMC) increases the federal funds rate. The FOMC isn't expected to increase the rate until sometime in 2015, so we expect the highest CD rates on all certificate of deposit terms to remain near current levels for at least another 12 months.