BankDirect's Information and Current CD Rates

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BankDirect

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Notes: BankDirect, a division of Texas Capital Bank

BankDirect CD Rates

Product APY Rate Min. Deposit
1 yr CD 1.600% 1.590% $10,000.00

BankDirect Jumbo CD Rates

Product APY Rate Min. Deposit
1 yr jumbo CD 1.600% 1.590% $100,000.00
Rates Updated: 08/01/2017

Articles Related to BankDirect

CD Rates Report: 1 Year CD Rates as of January 14, 2017

Listed below is a current CD rates report for 1 year certificates of deposit as of January 14, 2017.

Current 1 Year CD Rates

  • Pentagon Federal Credit Union 1.35% Yield 1.36% (tied for 1st place)
  • EverBank 1.35% Yield 1.36% (tied for 1st place)
  • VirtualBank 1.30% Yield 1.31%
  • Live Oak Bank 1.29% Yield 1.30%
  • My e-BAnC by BAC Florida Bank 1.28% yield 1.29%
  • E-Loan 1.27% Yield 1.28% (tied for 5th place)
  • Popular Direct 1.27% Yield 1.28% (tied for 5th place)
  • Pacific National Bank 1.26% Yield 1.27%
  • California First National Bank 1.25% Yield 1.26% (tied for 7th place)
  • TAB Bank 1.25% Yield 1.26% (tied for 7th place)
  • Synchrony Bank 1.24% Yield 1.25% (tied for 8th place)
  • Colorado Federal Savings Bank 1.24% Yield 1.25% (tied for 8th place)
  • Salle Mae 1.24% Yield 1.25% (tied for 8th place)
  • AloStar Bank of Commerce 1.22% Yield 1.23% (tied for 9th place)
  • giantbank AloStar 1.22% Yield 1.23% (tied for 9th place)
  • CIT Bank 1.21% Yield 1.22% (tied for 10th place)
  • BankDirect 1.21% Yield 1.22% (tied for 10th place)

For a list of today's 1 year CD rates in our database go to MontiorBankRates.com.

    Read more...
3 Banks Increase Rates - BankDirect 1 Year CD Rate Now at 1.25 Percent

The trend of higher CD rates continues as 3 more banks increase CD interest rates. This round of increases are from BankDirect, 5 Star Bank, and Mount McKinley Bank. The most notable of the increases is BankDirect's 1 year certificate of deposit.

BankDirect increased 1 year CD rates to 1.24 percent with an APY of 1.25 percent. The old rate was 1.20 percent with an APY of 1.21 percent. While the increase was only 4 basis points higher, BankDirect's 1 year rate is now in tied for the third highest 1 year rate in our database. You can check on all current rates at MonitorBankRates.com.

Latest CD Rate Increases

AdvertiserProductRate (new / old)Yield (new / old)
5 Star Bank6 month CD0.50 / 0.400.50 / 0.40
5 Star Bank1 yr CD1.09 / 0.991.10 / 1.00
5 Star Bank6 month jumbo CD0.50 / 0.400.50 / 0.40
5 Star Bank1 yr jumbo CD1.09 / 0.991.10 / 1.00
5 Star Bank6 month $25K CD0.50 / 0.400.50 / 0.40
5 Star Bank6 month $50K CD0.50 / 0.400.50/ 0.40
5 Star Bank1 yr IRA CD1.09 / 0.991.10 / 1.00
BankDirect1 yr CD1.24 / 1.201.25 / 1.21
BankDirect1 yr jumbo CD1.24 / 1.201.25 / 1.21
Mount McKinley Bank2 yr CD0.50 / 0.250.50 / 0.25
Mount McKinley Bank3 yr CD0.75 / 0.500.75 / 0.50

 

    Read more...
9 CD Rates Increased - 8 CD Rates Decreased in June
Banks and credit unions have been all over the place with their rates. In our database of CD rates, there were 9 CD rate increases and 8 CD rate decreases in June. Average CD rates on 2 year, 3 year and 5 year certificates of deposit moved slightly higher while 3 month and 6 month rates were unchanged.     Read more...
CD Rate Report June 2, 2015: Best 6 Month CD Rate at 1.00 Percent
A couple of banks increased their CD rates this past week. California First National Bank increased their 6 month CD rate from 0.85 percent to 0.95 percent, putting them in second place in our 6 month rate database. CIT Bank increased their 2 year CD rate from 1.35 percent to 1.40 percent.     Read more...
Bank CD Rates Report May 21, 2015
Another quiet week for CD rates, no big change in rates for short term or long term certificate of deposits. We don't expect any major changes in CD rates until the Federal Open Market Committee meets next month. If the FOMC does increase the federal funds rate, banks will follow with higher deposit rates.     Read more...
CD Rate Report May 12, 2015
Listed below are this week's CD rates for certificate of deposit terms ranging between 1 month and 5 years. There have been slight functions in rates offered by banks and credit unions this week. We will have to wait until the FOMC increases the fed funds rate for bigger changes in rates. Also listed below are this week's average CD rates, derived from the CD rate database.     Read more...
Live Oak Bank Tops our 1 Year CD Rate List at 1.40 Percent
We have a new leader in our 1 year certificate of deposit rate database. 1 year CD rates at Live Oak Bank were increased to 1.40 percent with an APY of 1.40 percent. The old highest CD rate was from a credit union at 1.30 percent with an APY of 1.31 percent.     Read more...
Current CD Rates, the Calm Before the Storm
The next few months will be the calm before the storm regarding CD rates. Banks and credit unions will keep CD rates near current levels until the Federal Open Market Committee (FOMC) increases the federal funds rate. Our money is on the FOMC increasing the fed funds rate in the June meeting.     Read more...
Highest 1 Year Bank Certificate of Deposit Rate Increased to 1.20% APY
Synchrony Bank is the latest bank to increase certificate of deposit rates before the expected 2015 fed funds rate increase by the Federal Reserve. Synchrony Bank has increased their 1 year CD rate to 1.19 percent with an APY of 1.20 percent. This rate is now the highest 1 year rate from a bank in our database.     Read more...
Unemployment Report Falls to 5.8% are Higher CD Rates on the Way?
Another economic report was released this morning showing an economy continuing to recover. This recovery process will eventually force CD rates higher. The Labor Department just released non-farm payrolls showing that 214,000 jobs were created in October, slightly lower than forecasts of 231,000. The unemployment rate fell from 5.9 percent to 5.8 percent, which is the lowest point in six years. The number of jobs created were slightly lower than forecast but the recovery remains intact.     Read more...

Compare BankDirect's CD Rates With Other Bank Rates Below

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