MonitorBankRates

Top 10 Five Year CD Rates

top-10-five-year-cd-ratesLooking for the highest five year certificate of deposit rates available today? We have compiled a list of the top 10 five year CD rates in California. Check for current CD rates in your zip code by using our five year CD rate tables here.

Granted, even five year CD rates aren't that great these days considering over a year ago one could find one year CD rates more than double the current five year rate. The current five year national average CD rate is only 2.40 percent but we have rates listed that are higher than the national average rate.

Discover Bank tops our top ten list of the highest CD rates with their current CD rate at 3.25 percent with an annual percentage yield of 3.30 percent. Next on the list of top ten five year rates is First Internet Bank of Indiana, with a current APY of 3.30 percent.

Third on the top ten list is E-loan with a current APY of 3.20 percent. The minimum opening deposit to receive this APY for a 5 year CD account is $10,000. Fourth on the list is Nationwide Bank. Their APY for a five year CD is at 3.15 percent with a minimum deposit of $10,000.

Next is Ally Bank with the current APY at 3.10 percent with a minimum opening deposit of only $1.00. AIG Bank is sixth on the list with their APY at 3.05 percent and a minimum opening account balance of $2,500.

Imperial Capital Bank is offering an APY of 3.03 percent with a minimum opening deposit of $2,000. Rounding out the list is Bank of the West, Bank of America and PenFed, all have current annual percentage yields of 3.00 percent. Best CD Rates.

Display National Average CD Rates on your website by using our free CD rate widet. Get the free CD rate widget here.

 
Author: Brian McKay
December 1st, 2009