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.
| Bank | Product | Rate (New / Old) | Yield (New / Old) |
|---|
| CIT Bank | 5 yr CD | 2.08 / 2.18 | 2.10 / 2.20 |
| CIT Bank | 5 yr jumbo CD | 2.13 / 2.23 | 2.15 / 2.25 |
| CIT Bank | 5 yr IRA CD | 2.08 / 2.18 | 2.10 / 2.20 |
| CIT Bank | 5 yr jumbo IRA CD | 2.13 / 2.23 | 2.15 / 2.25 |
| Luana Savings Bank | 6 month $50K CD | 0.45 / 0.50 | 0.45 / 0.50 |
| Nationwide Bank | 5 yr CD | 2.03 / 1.93 | 2.05 / 1.95 |
| Nationwide Bank | 5 yr jumbo CD | 2.08 / 1.98 | 2.1 / 2 |
| Pentagon Federal Credit Union | 1 yr CD | 1.10 / 1.20 | 1.11 / 1.21 |
| Pentagon Federal Credit Union | 2 yr CD | 1.3 / 1.40 | 1.31 / 1.41 |
| Pentagon Federal Credit Union | 3 yr CD | 1.3 / 1.40 | 1.31 / 1.41 |
| Pentagon Federal Credit Union | 5 yr CD | 1.4 / 1.50 | 1.41 / 1.51 |
| Pentagon Federal Credit Union | 4 yr CD | 1.3 / 1.40 | 1.31 |
| Discover Bank | 5 yr CD | 2.18 / 1.98 | 2.20 / 2.00 |
| Discover Bank | 5 yr jumbo CD | 2.18 / 1.98 | 2.20 / 2.00 |
| Discover Bank | 5 yr IRA CD | 2.18 / 1.98 | 2.20 / 2.00 |
| Discover Bank | 5 yr jumbo IRA CD | 2.18 / 1.98 | 2.20 / 2.00 |
| Lone Star Bank | 1 yr CD | 0.80 / 1.24 | 0.8 / 1.25 |
| Synchrony Bank | 5 yr CD | 2.13 / 2.22 | 2.15 / 2.25 |
Author: Brian McKay
February 24th, 2016
