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Nationwide Bank's CD Rates and Financial Information

Nationwide Bank Main Address and Contact Information

One Nationwide Plaza, 1-14-401
Columbus, Ohio 43215

Nationwide Bank FDIC Certification Number

34710

Nationwide Bank

Nationwide Bank Logo
Phone: (877) 739-4026
Rating: StarStarStarStarStar  (5 out of 5)100

Notes: Recognized By Bankrate.comu00ae For Having Top Tier CD Rates Q1 2013

Nationwide Bank CD Rates

Product APY Rate Min. Deposit
1 yr CD 0.960% 0.960% $500.00
2 yr CD 1.150% 1.140% $500.00
4 yr CD 1.550% 1.540% $500.00

Nationwide Bank Jumbo CD Rates

Product APY Rate Min. Deposit
1 yr jumbo CD 1.010% 1.000% $100,000.00
2 yr jumbo CD 1.200% 1.190% $100,000.00
4 yr jumbo CD 1.600% 1.590% $100,000.00
Rates Updated: 08/30/2013

Articles Related to Nationwide Bank

Top 2 Year CD Rate Now at 1.70 Percent

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

  1. Connexus CU - Rate 1.69% Yield 1.70%
  2. Northern Bank Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
  3. Popular Direct - Rate 1.64% Yield 1.65% (tied for 2nd place)
  4. TAB Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
  5. My e-BAnC by BAC Florida Bank - Rate 1.60% Yield 1.61% (tied for 3rd place)
  6. VirtualBank - Rate 1.60% Yield 1.61% (tied for 3rd place)
  7. Banesco USA - Rate 1.60% Yield 1.60%
  8. Capital One Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
  9. Synchrony Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
  10. M.Y. Safra Bank, FSB - Rate 1.59% Yield 1.60% (tied for 5th place)
  11. iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
  12. Congressional Bank - Rate 1.59% Yield 1.60% (tied for 5th place)
  13. iGObanking.com - Rate 1.59% Yield 1.60% (tied for 5th place)
  14. First Internet Bank of Indiana - Rate 1.56% Yield 1.57%
  15. CD Bank - Rate 1.55% Yield 1.56%
  16. Nationwide Bank - Rate 1.50% Yield 1.51% (tied for 8th place)
  17. Pentagon Federal Credit Union - Rate 1.50% Yield 1.51% (tied for 8th place)
  18. PurePoint Financial - Rate 1.49% Yield 1.50% (tied for 9th place)
  19. Home Savings Bank - Rate 1.49% Yield 1.50% (tied for 9th place)
  20. Live Oak Bank - Rate 1.49% Yield 1.50% (tied for 9th place)
  21. GS Bank - Rate 1.44% Yield 1.45%
    Read more...
Nationwide Bank Drastically Reduces CD Rates

Nationwide Bank has drastically reduced CD rates on intermediate and long term certificates of deposit. The CD rate changes are some of the largest changes we have seen in a while. Nationwide Bank CD rates were competitive on 2 to 5 year certificates of deposit but not with the recent rate reduction.

The largest rate reduction was on Nationwide Bank's 5 year certificate of deposit, which was reduced by 33 basis points. The 5 year CD rate was lowered to 1.61 percent with a yield of 1.62 percent. The prior 5 year rate was 1.93 percent with a yield of 1.95 percent. The best 5 year CD rate in our database is currently much higher at 2.03 percent with a yield of 2.05 percent from Synchrony Bank.

5 year jumbo CD rates at Nationwide Bank were also lowered 33 basis points. The new 5 year jumbo CD rate is 1.66 percent with a yield of 1.67 percent. The previous 5 year jumbo rate was 1.98 percent with a yield of 2.00 percent. The highest 5 year jumbo CD rate in our database is also from Synchrony Bank at 2.03 percent with a yield of 2.05 percent from Synchrony Bank.

Listed below is a complete list of CD rate changes at Nationwide Bank.

Nationwide Bank CD Rate Changes

BankProductRate (New / Old)Yield (New / Old)
Nationwide Bank2 yr CD1.11 / 1.411.12 / 1.42
Nationwide Bank3 yr CD1.27 / 1.541.28 / 1.55
Nationwide Bank5 yr CD1.61 / 1.931.62 / 1.95
Nationwide Bank5 yr jumbo CD1.66 / 1.981.67 / 2.00
Nationwide Bank2 yr jumbo CD1.16 / 1.461.17 / 1.47
Nationwide Bank3 yr jumbo CD1.32 / 1.591.33 / 1.60
Nationwide Bank4 yr CD1.55 / 1.741.56 / 1.76
Nationwide Bank4 yr jumbo CD1.6 / 1.791.61 / 1.81
    Read more...
Recent CD Rate Changes Are Mostly Lower

Bond yields across the globe have tumbled since U.K. voters voted yes to leave the European Union. Yields on German and Japanese bonds are negative, so investors are paying to hold those bonds instead of receiving interest. This week, long term U.S. bonds hit new record lows. 30 year yields have fallen to 2.09 percent and 10 year yields fell to 1.34 percent.

While there isn't a direct link between bond yields and CD rates, banks are taking a cue from lower bond yields to lower CD rates and other deposit rates. The majority of recent CD rate changes have been lower. Another factor that will keep downward pressure on deposit rates is the Fed deciding to not increase the fed funds rate.

The U.K. vote to leave the European Union has created so much uncertainty, it's very unlikely the Fed will increase the fed funds rate anytime in 2016. This is bad news for savers because there is a direct correlation between the fed funds rate and deposit rates.

On a positive note, lower long term bond yields will mean lower mortgage rates. 30 year mortgage rates today are averaging 3.39 percent, only 8 basis points from an all-time low set in 2012.

Recent CD Rate Changes

BankProductRate (New / Old)Yield (New / Old)
Astoria Bank2.5 yr CD0.65 / 0.750.65 / 0.75
Nationwide Bank4 yr CD1.74 / 1.781.76 / 1.8
Silvergate Bank1 yr jumbo CD0.1 / 1.070.1 / 1.08

Pentagon Federal Credit Union

1 yr CD

1 / 1.1

1.01 / 1.11
Pentagon Federal Credit Union2 yr CD1.15 / 1.31.16 / 1.31
Pentagon Federal Credit Union3 yr CD1.15 / 1.31.16 / 1.31
Pentagon Federal Credit Union5 yr CD1.2 / 1.41.21 / 1.41
Pentagon Federal Credit Union4 yr CD1.15 / 1.31.16 / 1.31

E-Loan

3 yr CD1.54 / 1.641.55 / 1.65
E-Loan5 yr CD1.98 / 2.032 / 2.05
E-Loan5 yr jumbo CD1.98 / 2.032 / 2.05
E-Loan3 yr jumbo CD1.54 / 1.641.55 / 1.65
E-Loan4 yr CD1.74 / 1.781.75 / 1.8
E-Loan4 yr jumbo CD1.74 / 1.781.75 / 1.8
EverBank1 yr CD0.95 / 0.90.95 / 0.9
EverBank1 yr jumbo CD0.95 / 0.90.95 / 0.9
TriState Capital Bank6 month jumbo CD0.65 / 0.750.65 / 0.75
TriState Capital Bank1 yr jumbo CD0.9 / 10.9 / 1
TriState Capital Bank2.5 yr jumbo CD1.15 / 1.241.15 / 1.25
TriState Capital Bank2 yr jumbo CD1.1 / 1.191.1 / 1.2
TriState Capital Bank18 month jumbo CD1 / 1.11 / 1.1
TriState Capital Bank3 yr jumbo CD1.29 / 1.391.3 / 1.4

 

    Read more...
Current CD Rate Changes from Banks and Credit Unions

Several banks and one credit union made changes to the CD rates they offer. The CD rate changes are listed below. You can see a list of rates from many banks and credit unions at MonitorBankRates.com.

BankProductRate (New / Old)Yield (New / Old)
CIT Bank5 yr CD2.08 / 2.182.10 / 2.20
CIT Bank5 yr jumbo CD2.13 / 2.232.15 / 2.25
CIT Bank5 yr IRA CD2.08 / 2.182.10 / 2.20
CIT Bank5 yr jumbo IRA CD2.13 / 2.232.15 / 2.25
Luana Savings Bank6 month $50K CD0.45 / 0.500.45 / 0.50
Nationwide Bank5 yr CD2.03 / 1.932.05 / 1.95
Nationwide Bank5 yr jumbo CD2.08 / 1.982.1 / 2
Pentagon Federal Credit Union1 yr CD1.10 / 1.201.11 / 1.21
Pentagon Federal Credit Union2 yr CD1.3 / 1.401.31 / 1.41
Pentagon Federal Credit Union3 yr CD1.3 / 1.401.31 / 1.41
Pentagon Federal Credit Union5 yr CD1.4 / 1.501.41 / 1.51
Pentagon Federal Credit Union4 yr CD1.3 / 1.401.31

 

Discover Bank5 yr CD2.18 / 1.982.20 / 2.00
Discover Bank5 yr jumbo CD2.18 / 1.982.20 / 2.00
Discover Bank5 yr IRA CD2.18 / 1.982.20 / 2.00
Discover Bank5 yr jumbo IRA CD2.18 / 1.982.20 / 2.00
Lone Star Bank1 yr CD0.80 / 1.240.8 / 1.25
Synchrony Bank5 yr CD2.13 / 2.222.15 / 2.25
    Read more...
Nationwide Bank Lowers CD Rates on Intermediate Term CDs

Nationwide Bank recently lowered CD rates on their regular and jumbo intermediate term certificates of deposit. You can see now Nationwide Bank's new 3 year and 4 year CD rates compared with other bank CD rates by searching the rate database at MonitorBankRates.com.

New CD Rates at Nationwide Bank

BankProductRate (New / Old)Yield (New / Old)
Nationwide Bank3 year CD1.59 / 1.641.60 / 1.65
Nationwide Bank3 year jumbo CD1.64 / 1.691.65 / 1.70
Nationwide Bank4 year CD1.83 / 1.901.85 / 1.92
Nationwide Bank4 year jumbo CD1.88 / 1.951.90 / 1.97
    Read more...
Nationwide Bank Raises Regular and Jumbo CD Rates

Nationwide Bank raised their CD rates on both regular and jumbo 2 and 3 year certificate of deposit. The new current jumbo rates are 0.05 percent higher than the new regular rates. With these increases, Nationwide Bank's 2 year and 3 year rates are now in the top 5 rates available on our CD rate lists.

Check on current CD rates for all CD terms on our rate lists at MonitorBankRates.com.

The new regular 2 year CD rate is at 1.45 percent with a yield of 1.46 percent. The 2 year rate was increased from 1.40 percent with a yield of 1.41 percent. Nationwide's rate is now tied with AloStar Bank of Commerce for the third highest 2 year rate on the list.

2 year jumbo CD rates were increased to 1.50 percent with a yield of 1.51 percent. The 3 year jumbo rate was increased from 1.45 percent with a yield of 1.46 percent. Nationwide's 3 year jumbo rate is now the best 3 year rate on our rate list.

3 year rates were increased from 1.58 percent with a yield of 1.59 percent to 1.64 percent with a yield of 1.65 percent. This increase places Nationwide's rate in fourth place on our 3 year rate list.

3 year jumbo rates were increased to 1.69 percent with a yield of 1.70 percent. The rate was increased from 1.63 percent with a yield of 1.64 percent. Nationwide's 3 year jumbo rate it now tied with State Farm Bank and EverBank for first place on our 3 year jumbo rate list.

    Read more...
Nationwide Bank Increases CD Rates

Nationwide Bank has just increased rates on four certificates of deposit. The largest increase was 26 basis points, or 0.26 percent, on Nationwide Bank's 3 year jumbo CD. The new 3 year jumbo CD rate is 1.63 percent with a yield of 1.64 percent.

Listed below are all the recent CD rate changes from Nationwide Bank.

BankProductRate (New / Old)Yield (New / Old)
Nationwide Bank2 yr CD1.40 / 1.171.41 / 1.18
Nationwide Bank3 yr CD1.58 / 1.321.59 / 1.33
Nationwide Bank2 yr jumbo CD1.45 / 1.221.46 / 1.23
Nationwide Bank3 yr jumbo CD1.63 / 1.371.64 / 1.38

 

Nationwide Bank is a member of the FDIC. The Bank's FDIC Certificate number 34710. In addition to the certificate of deposits above, Nationwide Bank offers other CDs. All current CD rates at Nationwide Bank are listed below. You can see how this bank's rates compare with other bank rates by searching our database of rates at MonitorBankRates.com.

TermAnnual Percentage Yield (APY*)
 $0 - $9,999.99$10,000 - $99,999.99$100,000+
3 Month0.25%0.25%0.30%
6 Month0.30%0.30%0.35%
9 Month0.35%0.35%0.40%
12 Month1.05%1.05%1.10%
18 Month1.11%1.11%1.16%
24 Month1.32%1.32%1.37%
36 Month1.59%1.59%1.64%
48 Month1.92%1.92%1.97%
60 Month1.95%1.95%2.00%
    Read more...
Nationwide Bank Mortgage Rates - 15 Year Rates at 3.00 Percent

Nationwide Bank (NMLS #769318), a federally chartered savings bank, is offering some very competitive mortgage rates. Nationwide Bank's 15 year mortgage rate is particularly appealing at 3.00 percent with 0.5 mortgage points. The 3.00 percent rate is for both home purchases and refinancing.

Getting a shorter term mortgage, such as a 15 year instead of a 30 year loan, can save you a lot of money. Depending on the loan amount, you can save tens of thousands or even hundreds of thousands of dollars in interest payments over the life of the loan. The only downside is your monthly mortgage payments will be somewhat higher.

The current lowest advertised rate on Nationwide Bank's website is on their 5 year adjustable jumbo loan. Today's advertised rate is at 2.625 percent with 1 mortgage point. The bank's highest advertised rate today is at 5.00 percent with 0.25 percent for a 30 year jumbo loan.

Nationwide Bank MortgagesCurrent Mortgage Rates at Nationwide Bank

Conforming Loans

  • 30 year fixed 3.875% with 0.5 points
  • 15 year fixed 3.00% with 0.5 points
  • 5 year ARM 3.00% no points
  • 7 year ARM 3.00% with 0.25 points
  • 10 year ARM 3.125% with 0.25 points

Jumbo Loans

  • 30 Year fixed 4.88% with 1 point
  • 15 Year fixed 3.88% with 0.75 points
  • 7 year ARM 2.75% with 0.875 points
  • 5 Year ARM 2.63% with 1 point

You can check a complete listing of mortgage rates on the bank's website at Nationwide Bank Mortgages.

    Read more...
CD Rates Hold Steady as Fed Meets Next Week to Decide Monetary Policy

The Federal Open Market Committee (FOMC) meets again next week to decide on monetary policy. If the FOMC decides to increase the fed funds rate, CD rates will also move higher. Fed Chair, Janet Yellen, is still talking up a rate hike sometime in 2015 but some Fed officials say the first hike will happen in 2016.

The final FOMC meeting for 2015 will be in December. If a hike doesn't happen next week, the FOMC has one final chance to raise the rate this year. The CME's FedWatch Tool now has a 29.2 percent chance of a hike in December, down from 35.4 percent last month.

The past several months, banks and credit unions in our rate database have been slowing increasing their rates in anticipation of a Fed rate hike. Both short term and long term CD rates have been increased by financial institutions. The increases have been small but at least rates are finally moving higher after a half dozen years of decreases.

Listed below are the highest CD rates currently available for both short term and long term certificates of deposit.

2 Month Rates/Yields

  • MyCBB 0.80% Yield 0.80%
  • Loan Star Bank 0.15% Yield 0.15%
  • Virtual Bank 0.15% Yield 0.15%
  • Citizens Trust Bank 0.10% Yield 0.10%

3 Month Rates/Yields

  • EverBank 0.55% Yield 0.55%
  • California First National Bank 055% Yield 0.55%
  • First Internet Bank of Indiana 0.45% Yield 0.45%
  • AloStar Bank of Commerce 0.40% Yield 0.40%
  • Goldwater Bank 0.40% Yield 0.40%
  • Virtual Bank 0.40% Yield 0.40%
  • Discover Bank 0.35% Yield 0.35%
  • Barclays Bank 0.35% Yield 0.35%
  • Nordstrom Bank 0.35% Yield 0.35%
  • TAB Bank 0.35% Yield 0.35%

6 Month CD Rates/Yields

  • AloStar Bank of Commerce 0.90% APY 0.90% (increased 0.10%)
  • California First National Bank 0.85% Yield 0.85%
  • MyCBB 0.85% Yield 0.85%
  • EH National Bank 0.80% Yield 0.80%
  • My e-BAnC by BAC Florida Bank 0.80% Yield 0.80%
  • ableBanking, a division of Northeast Bank 0.80% Yield 0.80%
  • Silvergate Bank 0.75% Yield 0.75%
  • Chartway Federal Credit Union 0.75% Yield 0.75%
  • giantbank.com 0.75% Yield 0.75%

1 Year CD Rates/Yields

  • CIT Bank 1.29% Yield 1.30% (increased 0.05%)
  • E-Loan 1.29% Yield 1.30%
  • Synchrony Bank 1.24% Yield 1.25%
  • Sallie Mae Bank 1.24% Yield 1.25%
  • iGObanking.com 1.24% Yield 1.25% 
  • California First National Bank 1.23% Yield 1.24%  (increased 0.04%)
  • Bank Direct 1.20% Yield 1.21%
  • AloStar Bank of Commerce 1.20% Yield 1.21%
  • My e-BAnC by BAC Florida Bank 1.19% Yield 1.20%  (increased 0.01%)
  • PenFed 1.20% Yield 1.21%
  • Colorado Federal Savings Bank 1.19% Yield 1.20%

18 Month CD Rates/Yields

  • E-Loan 1.34% Yield 1.35%
  • Synchrony Bank 1.24% Yield 1.25%
  • AloStar Bank of Commerce 1.20% Yield 1.21%
  • Virtual Bank 1.20% Yield 1.21%
  • My e-BAnC by BAC Florida Bank 1.20% Yield 1.21%
  • Discover Bank 1.19% Yield 1.20%
  • Ally Bank 1.18 Yield 1.19%

2 Year CD Rates/Yields

  • E-Loan 1.51% Yield 1.52%
  • XCEL Federal Credit Union 1.50% Yield 1.52%
  • Silvergate Bank 1.45% APY 1.46%
  • Synchrony Bank 1.44% Yield 1.45%
  • CIT Bank 1.34% Yield 1.45% (increased 0.05%)
  • Colorado Federal Savings Bank 1.44% Yield 1.45%
  • PenFed 1.40% Yield 1.41%
  • AloStar Bank of Commerce Rate 1.39% Yield 1.40%
  • California First National Bank 1.39% Yield 1.40%

3 Year CD Rates/Yields

  • E-Loan 1.83% Yield 1.85%
  • Silvergate Bank 1.65% Yield 1.66%
  • Sallie Mae 1.59% Yield 1.60%
  • Radius Bank 1.59% Yield 1.60%
  • Barclays Bank 1.54% Yield 1.55%
  • California First National Bank 1.54% Yield 1.55%
  • First Internet Bank of Indiana 1.50% Yield 1.51%
  • Synchrony Bank 1.49% Yield 1.50%
  • Discover Bank 1.49% Yield 1.50%
  • Ally Bank 1.49% Yield 1.50%
  • Lone Star Bank 1.49% Yield 1.50%
  • AloStar Bank of Commerce 1.48% Yield 1.50%

4 Year CD Rates/Yields

  • E-Loan 1.98% Yield 2.00% (increased 0.10%)
  • Nationwide Bank 1.84% Yield 1.86%
  • Barclays Bank 1.83% Yield 1.85%
  • CIT Bank 1.80% Yield 1.82%
  • Virtual Bank 1.77% Yield 1.78%
  • First Internet Bank of Indiana 1.75% Yield 1.76%
  • Discover Bank 1.74% Yield 1.76%
  • Synchrony Bank 1.73% Yield 1.75%

5 Year CD Rates/Yields

  • E-Loan 2.42% Yield 2.45%
  • Synchrony Bank 2.23% Yield 2.25%
  • Barclays Bank 2.23% Yield 2.25%
  • First Internet Bank of Indiana 2.15% Yield 2.17%

You can always find the most current online CD rates by searching our database of rates at Monitor Bank Rates. No personal information is required.

    Read more...
1.30% APY - This Week's Top 1 Year Rate
The Federal Open Market Committee meets in just over a week to decide on interest rates. August job's report, released last Friday, showed the labor market continuing to improve, adding pressure to the Fed to increase the fed funds rates.     Read more...

Compare Nationwide Bank's CD Rates With Other Bank Rates Below

Nationwide Bank Financials

Total Assets: $4,702,628,000
Total Deposits: $3,569,128,000
Equity Capital: $459,316,000
Domestic Deposits: $3,569,128,000
Net Income: $12,391,000
Net Income (Quarterly): $12,391,000
Headquarters:
FDIC Field Office: Columbus
Regulator: OCC
County: Franklin
# of Offices: 2
Metropolitan Statistical Area (MSA): Columbus, OH
Consolidated Metropolitan Statistical Area (CMSA):
OTS Region: Central
FDIC Region: Chicago
Last Updated: 2012-02-06
Source: FDIC