Update 11/2/2012: The 1-year CD rate has fallen.
Central Missouri Community Credit Union is offering a very competitive 1-year CD and IRA CD. It has a 1.51% APY, and the minimum deposit is $1,000. This rate is listed in the credit union's share certificates page as of 10/18/2012. This appears to be a new CD special. The 12-month CD rate just recently had a big increase. The credit union's rate table has a date of 10/12/2012.
Unfortunately, not many are eligible for this offer. Membership in the credit union is primarily limited to those who live or work in part of central Missouri (Johnson, Pettis, Ray, Carroll, Lafayette, and Henry counties and the city of Excelsior Springs). Please refer to the credit union's Who Can Join page for more details.
The credit union has branches in the Missouri cities of Warrensburg, Sedalia and Richmond.
It has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas ratio of 5.13% (excellent) based on June 2012 data. Please refer to our Central Missouri Community Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 60383).
How This CD Rate Compares
The highest 1-year CD rate that's nationally available is 1.11% APY at AloStar Bank of Commerce. Close behind is CIT Bank and Bank of Internet USA which both offer 1.10% APY. CIT Bank's 1-year CD is actually the best deal since it allows an add-on deposit and a bump-up in rate. The only downside is a $25K minimum deposit. These rates are accurate as of 10/18/2012.
Searching for Top CD Rates
To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.