Today's 12-month CD rates can be found at 1.00%, 6-month CD rates at 5.25% and 3-month CD rates at 0.05%. Current savings rates are at 5.05% and money market rates are at 4.85%. Mortgage rates today on 30-year fixed loans are around 7.08%. All these rates, are more, can be found in our database of rates. Banesco USA's 9-Month CD rates are at 5.25%, 6-Month CD rates are at 5.25%, 12-Month CD rates are at 5.25%, 18-Month CD rates are at 4.50%.
To see how these rates compare to Banesco USA rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from Banesco USA, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with Banesco USA CD rates. You can also compare savings rates, MMA rates and mortgage rates using our other rate lists.
Given that Banesco USA's CD rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best CD rates or other rates available. Have you opened an account or have any experiences at Banesco USA? Share your experience about Banesco USA by leaving a review below, or read customer reviews before you decide to use Banesco USA.
Banesco USA Texas Ratio
Banesco USA's Texas Ratio is at 2.03%, which is considered excellent.
The Texas Ratio for Banesco USA is lower than the national average of all banks, currently at 6.24%.
The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks.
Banks that have a Texas Ratio of 100% or more have a high chance of failing.
Overall, Banesco USA is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.
Compare Banesco USA Rates with Other Competitive Bank and Credit Union Rates
Collinsville Building and Loan Association
30-Month CD special
3.56%
$500
Grinnell State Bank
Savings Account
1.00%
$0
Northeast Bank Portland, ME
9-Month CD
5.30%
$5,000
Newburyport Bank
Premier Money Market
0.25%
$2,500
Merrick Bank
12-Month CD
5.60%
$25,000
Comerica Bank & Trust, N.A.
6-Month CD
5.25%
$5,000
Bank of Stronghurst
60-Month CD
1.66%
$500
Customers Bank
36-Month CD
4.00%
$500
Susquehanna Community Bank
48-Month CD
1.05%
$500
State Bank Freeport, IL
24-Month CD special
4.50%
$5,000
G. W. Jones Exchange Bank
24-Month CD
1.61%
$500
First National Bank, Ames, Iowa
5-Month CD Special
4.47%
$25,000
Arlington State Bank
Money Market
0.10%
$2,500
BankSouth GA
6-Month CD
4.50%
$2,500
Readlyn Savings Bank
7-Month CD special
4.75%
$1,000
Hometown National Bank
Savings Account
0.75%
$500
Citizens National Bank Cameron, TX
36-Month CD
1.55%
$500
The Citizens Bank of Weston
11-Month CD
5.36%
$500
Greeneville Federal Bank
6-Month CD
0.15%
$1,000
Citizens Federal S&LA
18-Month CD
3.85%
$500
BankCherokee
12-Month CD
4.00%
$1,000
Seattle Bank
18-Month CD
5.80%
$1,000
Harford Bank
Savings Account
0.25%
$100
Bank of Star Valley
12-Month CD
4.84%
$250
FinWise Bank
24-Month CD
4.58%
$500
Citizens State Bank Sheldon, IA
24-Month CD
0.75%
$1,000
Concordia Bank & Trust Company
48-Month CD
3.03%
$1,000
Consumers National Bank
9-Month CD Special
4.75%
$1,000
Profile Bank
Passbook Savings Account
0.03%
$25
Forward Bank
48-Month CD
1.66%
$500
First National Bank in Marlow
12-Month CD
3.20%
$500
Prevail Bank
24-Month CD
1.15%
$1,000
Grand Bank for Savings
13-Month CD special
5.75%
$1,000
South Georgia Banking Company
Savings
0.05%
$50
Ballston Spa National Bank
18-Month CD
3.50%
$500
Colorado Federal Savings Bank
60-Month CD
4.45%
$5,000
American Express National Bank
48-Month CD
1.20%
$0
North Shore Trust and Savings
18-Month CD
1.16%
$1,000
State Bank of Industry
36-Month CD
2.02%
$1,000
Spring Valley City Bank
12-Month CD
0.30%
$1,000
First American Bank and Trust
48-Month CD
3.06%
$1,000
South Ottumwa SB
36-Month CD
2.15%
$500
Farmers-Merchants Bank of Illinois
6-Month CD
4.60%
$1,000
Itasca Bank & Trust Co.
9-Month Jumbo CD
4.85%
$100,000
Fowler State Bank Fowler, IN
3-Month CD
1.51%
$1,000
Dundee Bank
Checking Account
1.75%
$100
Needham Bank
12-Month CD
3.00%
$1,000
Farmers-Merchants Bank of Illinois
18-Month CD
1.97%
$1,000
First State Bank Tahlequah, OK
Money Market
1.35%
$2,500
Luther Burbank Savings
7-Month CD Special
5.25%
$1,000
Show More
The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.
Compare Banesco USA Mortgage Rates with Lenders Rates for Fixed and Adjustable Mortgages
The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.
Banesco USA Information
Banesco USA
3155 Nw 77 Avenue Miami, FL 33122 Miami-Dade
Established Date: 01/10/2006
FDIC Certificate #: 57815
Date of FDIC Deposit Insurance: 01/10/2006
How Many Domestic U.S. Offices? 5 How Many Branches are There? 6
Banesco USA CD rates are some of the best CD rates available today from any online bank. Current 12 month CD rates at Banesco USA are at 2.85 percent with a minimum deposit of $1,500. 6 month CD rates from Banesco USA are also very high right now. The current 6 month CD rate from Banesco USA is at 2.40 percent a minimum opening deposit of $1,500.These high CD rates from Banesco USA are on the bank's BaneSmart CD accounts. 18 month BaneSmart CD rates from Banesco USA are at 2.90 percent. 2 year and 3 year BaneSmart CD rates are at 2.90 percent.Banesco has four locations in Florida and one in Puerto Rico. The physical addresses are listed below. Read more...
This past week brought more CD rate changes that were once again positive. Five different banks changed CD Rates on 24 certificate of deposit terms and all the increases were higher. Over the past year, the best 1 year CD rates have just about doubled in price to around 2.50 percent.We anticipate banks increasing CD rates even more this year and next. CD rates are moving higher because the Federal Reserve is putting upward pressure on rates by increasing the federal funds rate. The Fed is widely expected to increase the rate again during their upcoming September meeting, according to the CME's FedWatch Tool.Another 25 basis point increase in September would put the fed funds rate in a targeted range of 2.00 percent to 2.25 percent. Beside the September meeting, the Fed has two more scheduled meetings this year. The CME FedWatch Tool currently puts the change of an increase during the Fed's December meeting at 60.6 percent. Read more...
Several banks and credit unions increased CD rates this week and as a result, the best 12 month CD rates are now at 2.50 percent, a multi-year high. The last time 1 year CD rates were in the 2.50 percent range, was during the financial crisis in 2008/2009.When the financial crisis hit and caused the Great Recession, the Federal Reserve lowered the fed funds rate to nearly zero percent. This caused deposit rates to plummet to all-time lows the following four years. The best 12 month CD rates were actually under 1.00 percent at the low point in 2013.National average rates were even worse because of big brick and mortar banks were offering extremely low rates. At the lowest point during early 2013, MonitorBankRates.com reported 12 month CD rates averaged 0.68 percent. The FDIC's weekly national average rates were even lower, averaging a low of 0.20 percent. Read more...
We just reached a new milestone for 12 Month CD rates in 2017 as rates continue to inch higher. Crestmark Bank is now offering 12 Month CD rates at 1.80 percent. Just about two months ago, we reported a new high for 1 year CD rates at 1.70 percent. That new high was also from CrestMark Bank. You can read about that post Crestmark Bank Best Rate 1.70%.The uptrend for CD rates will continue for the rest of this year and into at least 2018 and it may last even longer if the economy doesn't fall into a recession. The Federal Open Market Committee meets this month and will more than likely increase the fed funds rate by 25 basis points.Another fed funds rate increase will put additional upward pressure on short term interest rates. 1 year CD rates could therefore hit 1.90 percent this month and 2.00 percent sometime early in 2018. Back in early October, we forecast 1 year CD rates hitting 2.00 percent as a result of another fed funds rate increase. Read more...
We expect the increase in rates to continue next month and into 2018. The Fed is widely expected to increase the rate during their meeting in December. In fact, the CME Group's FedWatch Tool puts the probability of an increase at 91.5 percent, as of this writing.The current fed funds rate is in a range of 1.00 percent to 1.25 percent. An increase in December will put the rate between 1.25 percent and 1.50 percent. The last time the rate was that high was nearly a decade ago. You can view the history of the fed funds rate going back to 1955 in this Rate Chart.
The top CD rates continue to move higher as the best 2 year CD rate hits 1.70 percent this week. 2 year CD rates at Connexus Credit Union take the top spot this week at 1.69 percent with a yield of 1.70 percent. Connexus has the best rate this week but two banks are right on the credit union's tail.
Northern Bank Direct, EverBank, and Popular Direct have the second best 2 year rate this week at 1.64 percent with a yield of 1.65 percent. We have another three-way tie for third place, My e-BAnC by BAC Florida Bank, TAB Bank, and VirtualBank all have a current 2 year rate of 1.61 percent with a yield of 1.62 percent.
Not only are the top rates moving higher this week, average 2 year CD rates are also higher. The current average 2 year CD rate is at 1.50 percent, up from last week's average 2 year rate of 1.47 percent. Listed below are the top ten 2 year CD rates for the week ending April 15, 2017.
Best 2 Year CD Rates
Connexus CU - Rate 1.69% Yield 1.70%
Northern Bank Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
Popular Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
TAB Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
My e-BAnC by BAC Florida Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
VirtualBank - Rate 1.60% Yield 1.61% (tied for 3rd place)
Banesco USA - Rate 1.60% Yield 1.60%
Capital One Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
Synchrony Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
M.Y. Safra Bank, FSB - Rate 1.59% Yield 1.60% (tied for 5th place)
iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
Congressional Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
First Internet Bank of Indiana - Rate 1.56% Yield 1.57%
CD Bank - Rate 1.55% Yield 1.56%
Nationwide Bank - Rate 1.50% Yield 1.51% (tied for 8th place)
Pentagon Federal Credit Union - Rate 1.50% Yield 1.51% (tied for 8th place)
CD rates continue to move higher this week. We look for the trend of higher CD rates to continue in 2017 as long as there isn't a recession. The Fed is expected to increase the federal funds rate at least two more times this year, which will put more upward pressure on CD rates.
This week, the best 1 year CD rate in the database is now at 1.49 percent with an APY of 1.50 percent. A couple of weeks ago, the top 1 year CD rate was 5 basis points less.
The current national average 1 year CD rate also moved higher this week over last. The current national average 1 year CD rate is at 1.26 percent, up from last week's average of 1.30 percent.
As we predicted in early March, the the top 1 year CD rate currently available is now at 1.49 percent with a yield of 1.50 percent. Conexus Credit Union is the first financial institution in the rate database to increase their 1 year rate to the 1.50 percent level.
The catalyst for sending the best 1 year CD rates to 1.50 percent APY was the Federal Open Market Committee increasing the fed funds rate on March 15th. On March 8th, we wrote a post reporting that the coming fed funds rate increase will likely force the top 1 year CD rate to 1.50 percent. You can read the post at Fed Will Push Top 1 Year CD Rates Above 1.50%.
It will be interesting to see if the top online banks that usually compete to have the best rate will also increase their rate to 1.50 percent or possibly higher. There are several banks very close to the 1.50 percent level. Banesco USA has 1 year rates at 1.45 percent, PurePoint Financial, My e-BAnC by BAC Florida Bank and Live Oak Bank are all offering 1 year rates at 1.40 percent.
The Federal Deposit Insurance Corporation (FDIC) maintains a list of problem banks that isn't published or shared with anyone else. So how can the average depositor or lender know if their bank is a problem bank about to fail?
The Texas Ratio is one measure that might offer a clue. The ratio was developed by RBC Capital Markets analyst Gerard Cassidy in the 1980's to forecast which banks could fail during the 1980's real estate bubble...Deja vu, anyone?
The ratio is devised by comparing a bank's troubled loans to its capital. If the amount of bad loans equals or exceeds its capital, a ratio of 100% or higher, the bank might not have enough capital to cover its losses related to the bad loans on its books. Updated Failed Bank List Below:
Right now on our CD rates list in Omaha, Nebraska, Bank Of Internet has the highest CD rate. Bank of Internet's current CD rate is 1.30 percent with a CD yield of 1.31 percent. BofI's 1 year rate is more than double the current national average rate of 0.60 percent. Second on our list in Omaha, NE, is Ally Bank. The bank is currently offering 12 month bank CD rates at 1.28 percent with bank CD yields at 1.29 percent. Ally's rate is also more than double the national average.
Current mortgage rates are unchanged at 5.28 percent today as 10-year U.S. Treasury Notes are down to 3.45 percent. Home mortgage rates have stabilized since the recent run up in mortgage interest rates a few weeks ago.
The government is ending the cash for clunkers program on Monday since the program is running out of cash again.
Right now on our CD rates list in Omaha, Nebraska, Bank Of Internet has the highest CD rate. Bank of Internet's current CD rate is 1.30 percent with a CD yield of 1.31 percent. BofI's 1 year rate is more than double the current national average rate of 0.60 percent. Second on our list in Omaha, NE, is Ally Bank. The bank is currently offering 12 month bank CD rates at 1.28 percent with bank CD yields at 1.29 percent. Ally's rate is also more than double the national average.
Current mortgage rates are unchanged at 5.28 percent today as 10-year U.S. Treasury Notes are down to 3.45 percent. Home mortgage rates have stabilized since the recent run up in mortgage interest rates a few weeks ago.
To see how these rates compare to 
Banesco USA CD rates are some of the best CD rates available today from any online bank. Current 12 month CD rates at Banesco USA are at 2.85 percent with a minimum deposit of $1,500. 6 month CD rates from Banesco USA are also very high right now. The current 6 month CD rate from Banesco USA is at 2.40 percent a minimum opening deposit of $1,500.These high CD rates from Banesco USA are on the bank's BaneSmart CD accounts. 18 month BaneSmart CD rates from Banesco USA are at 2.90 percent. 2 year and 3 year BaneSmart CD rates are at 2.90 percent.Banesco has four locations in Florida and one in Puerto Rico. The physical addresses are listed below. 
Another 25 basis point increase in September would put the fed funds rate in a targeted range of 2.00 percent to 2.25 percent. Beside the September meeting, the Fed has two more scheduled meetings this year. The CME FedWatch Tool currently puts the change of an increase during the Fed's December meeting at 60.6 percent. 
We just reached a new milestone for 12 Month CD rates in 2017 as rates continue to inch higher. Crestmark Bank is now offering 12 Month CD rates at 1.80 percent. Just about two months ago, we reported a new high for 1 year CD rates at 1.70 percent. That new high was also from 
We expect the increase in rates to continue next month and into 2018. The Fed is widely expected to increase the rate during their meeting in December. In fact, the CME Group's 
