CD Rates Weekly Average Rates 4/25
average CD rates as reported by MonitorBankRates.com. Deposit rates in general are not expected to start heading higher until later this year as the economy picks up steam, inflation becomes a concern and the Federal Reserve raises the Fed Funds rate and the Discount rate.
Current 12 month CD interest rates are averaging 0.624%, down from the prior week's average of 0.636%. Of course there are rates higher than the averages. Right now on our CD rate list Tennessee Commerce Bank has 12 month rates at 1.29% with an APY of 1.30%
Average rates on 3 month certificates of deposit are at 0.236%, down from last week's average 3 month rate of 0.241 percent. Right now on our 3 month rate list Discover Bank is offering 3 month rates at 0.55 percent with an APY of 0.55%.
Average CD Rates 4/25
Find bank CD rates and credit union CD rates in your area by searching our interest rate tables.