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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.







 
Author: Brian McKay
January 22nd, 2016