CD Rate Report March 16, 2015

Follow by Email
Facebook
Google+
Twitter
LinkedIn
Certificate of deposit rates are stable this week, no major changes in either average CD rates or the highest CD rates available. Rates are expected to move higher in the near future, when the Federal Open Market Committee (FOMC) increases the federal funds rate.

We are still forecasting for the FOMC to increase the fund funds rate by 25 basis points during their mid June meeting. When an increase does take place look for banks and credit unions with the most competitive rates to also increase rates by 25 basis points.



Listed below are the best CD rates available this week for CD terms ranging between 1 month and 5 years.

1 Month Rates

  • Lone Star Bank Rate 0.15%

  • Virtual Bank Rate 0.15%

  • AloStar Bank of Commerce Rate 0.10%

  • E-Loan.com Rate 0.10%

  • Mount McKinley Bank Rate 0.09%


3 Month Rates

  • California First National Bank Rate 0.60%

  • First Internet Bank of Indiana Rate 0.45%

  • AloStar Bank of Commerce Rate 0.40%

  • Goldwater Bank Rate 0.40%


6 Month Rates

  • Zions Direct Rate 1.00%

  • California First National Bank Rate  0.85%

  • Chartway Federal Credit Union Rate 0.85%

  • EH National Bank Rate 0.80%

  • My e-BAnC by BAC Florida Bank Rate 0.80%


9 Month Rates

  • NewDominion Bank Rate 0.90%

  • AloStar Bank of Commerce Rate 0.80%

  • giantbank.com Rate 0.80%

  • Discover Bank Rate 0.70%

  • GE Capital Bank Rate 0.70%


12 Month Rates

  • Chartway Federal Credit Union Rate 1.30% APY 1.31%

  • Connexus Credit Union Rate 1.30% APY 1.30%

  • Bank Direct Rate 1.20% APY 1.21%

  • CIT Bank Rate 1.19% APY 1.20%

  • Synchrony Bank Rate 1.19% APY 1.20%


24 Month Rates

  • CIT Bank Rate 1.34% APY 1.35%

  • Synchrony Bank Rate 1.34% APY 1.35%

  • My e-BAnC by BAC Florida Bank Rate 1.30% APY 1.31%

  • California First National Bank Rate 1.29% APY 1.30%

  • Home Savings Bank Rate 1.29% APY 1.30%

  • GE Capital Bank Rate 1.29% APY 1.30%


30 Month Rates

  • Lone Star Bank Rate 1.41% APY 1.42%

  • Everbank Rate 1.35% APY 1.36%

  • Discover Bank Rate 1.19% APY 1.20%


36 Month Rates

  • Synchrony Bank Rate 1.49% APY 1.50%

  • Everbank Rate 1.49% APY 1.50%

  • First Internet Bank of Indiana Rate 1.45% APY 1.46%

  • Discover Bank Rate 1.44% APY 1.45%

  • Barclays Bank Rate 1.44% APY 1.45%

  • GE Capital Bank Rate 1.44% APY 1.45%

  • Salle Mae Bank Rate 1.44% APY 1.45%


48 Month Rates

  • Nationwide Bank Rate 1.88% APY 1.90%

  • EverBank Rate 1.88% APY 1.90%

  • CIT Bank Rate 1.85% APY 1.87%

  • Barclays Bank Rate 1.83% APY 1.85%

  • Virtual Bank Rate 1.77% APY 1.78%

  • Synchrony Bank Rate 1.73% APY 1.75%


60 Month Rates

  • Synchrony Bank Rate 2.23% APY 2.25%

  • Barclays Bank Rate 2.23% APY 2.25%

  • GE Capital Bank Rate 2.23% APY 2.25%

  • Everbank Rate 2.23% APY 2.25%

  • First Internet Bank of Indiana Rate 2.10% APY 2.12%


Related Posts:


Compare CD Rates From Many Banks Find the Highest Certificate of Deposit Rates

 
 
Author: Brian McKay
March 16th, 2015