CD Rate Report August 10, 2015

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There were several changes to CD rates this week. The good news is, most of the changes were higher and there was only 1 decrease. The biggest increases were on EverBank's 3 month rate and E-Loan's 3 year rate. E-Loan also had the majority of increases this week.

EverBank's 3 month rate was increased from 0.35 percent to 0.55 percent. Everbank's 3 month rate is now tied with California First National Bank for the best 3 month rate in our database. E-Loan's 3 year rate was increased from 1.65 percent to 1.85 percent. E-Loan now has the best 3 year CD rate and the best rate for several other CD terms.



Weekly CD Rate Report August 10, 2015E-Loan also increased their 5 year CD rate and their 18 month CD rate. E-Loan's 5 year CD rate is now at 2.45 percent, the highest 5 year rate in our database. E-Loan's 18 month rate is now at 1.35 percent, the highest 18 month rate in our database.

The only decrease this week was on EverBank's 3 month rate, the rate was lowered to 1.52 percent, down from 1.66 percent.

Average CD Rates August 10, 2015

  • 3 Month Average CD Rate 0.25% (up 0.01%)

  • 6 Month Average CD Rate 0.58% (unchanged)

  • 12 Month Average CD Rate 1.06% (unchanged)

  • 24 Month Average CD Rate 1.19% (down 0.03%)

  • 60 Month Average CD Rate 1.81% (up 0.05%)


Best CD Rates Available August 10, 2015

2 Month Rates/Yields



  • MyCBB 0.80% Yield 0.80%

  • E-Loan Rate 0.16% Yield 0.16%

  • Loan Star Bank Rate 0.15% Yield 0.15%

  • Virtual Bank Rate 0.15% Yield 0.15%


3 Month Rates/Yields



  • EverBank 0.55% Yield 0.55% (increased 0.20%)

  • 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%


6 Month Rates/Yields



  • 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%

  • AloStar Bank of Commerce 0.80% APY 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%


9 Month Rates/Yields



  • New Dominion Bank 0.89% Yield 0.90%

  • AloStar Bank of Commerce 0.80% Yield 0.80%

  • giantbank.com 0.70% Yield 0.70%

  • Discover Bank 0.70% Yield 0.70%

  • GE Capital Bank 0.70% Yield 0.70%

  • Virtual Bank 0.70% Yield 0.70%


1 Year Rates/Yields



  • E-Loan 1.29% Yield 1.30% (increased 0.05%)

  • CIT Bank 1.24% Yield 1.25%

  • Synchrony Bank 1.24% Yield 1.25%

  • Sallie Mae Bank 1.24% Yield 1.25%

  • 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%

  • Colorado Federal Savings Bank 1.19% Yield 1.20%

  • Home Savings Bank 1.19% Yield 1.20%


18 Month Rates/Yields



  • E-Loan 1.34% Yield 1.35% (new top 18 month rate)

  • Synchrony Bank 1.24% Yield 1.25%

  • Nordstrom 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 1.19% Yield 1.20%


2 Year Rates/Yields



  • E-Loan 1.51% Yield 1.52%

  • Silvergate Bank 1.45% APY 1.46%

  • Synchrony Bank 1.44% Yield 1.45%

  • PenFed Rate 1.40% Yield 1.41%

  • CIT Bank Rate 1.39% Yield 1.40%

  • AloStar Bank of Commerce Rate 1.39% Yield 1.40%


3 Year Rates/Yields



  • E-Loan 1.83% Yield 1.85% (increased 0.20%)

  • EverBank 1.51% Yield 1.52% (decreased 0.14)

  • Silvergate Bank 1.65% Yield 1.66%

  • Sallie Mae 1.59% Yield 1.60%

  • First Internet Bank of Indiana 1.50% Yield 1.51%

  • Synchrony 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 Rates/Yields



  • EverBank 1.89% Yield 1.91%

  • Nationwide Bank 1.84% Yield 1.86%

  • CIT Bank 1.80% Yield 1.82%

  • Virtual Bank 1.77% Yield 1.78%

  • Capital One 360 1.75% Yield 1.76%

  • 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 Rates/Yields



  • E-Loan 2.42% Yield 2.45% (increased 0.14%)

  • Synchrony Bank 2.23% Yield 2.25%

  • Capital One 360 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 MonitorBankRates.
 
Author: Brian McKay
August 10th, 2015