Highest CD Rates This Week May 23

The best CD rates on 1 year certificates of deposit moved higher since our last report on May 9th. The best 1 year bank CD rate is now at 1.09 percent with an APY of 1.10 percent. The bank offering the best rate right now is GE Capital Retail Bank. The old best rate was slightly lower at 1.06 percent with an APY of 1.07 percent.