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1 Year CD Rates

Compare 1 year certificate of deposit rates from banks and credit unions. CD rates can vary greatly between banks and credit unions. We track current rates for over 1,000 banks and credit unions to help you find the best deal on your next bank CD. Use the filter box below to customize your results. You may also be interested in a 9 Month CD.

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Deposit Amount | $1 $100,000
Currently Including:
263
RESULTS

Results

FEATURED
Sponsored Note: No Minimum Deposit to Open. Consistently competitive rates. Member FDIC.
Sponsored Note: Steady growth, guaranteed returns and a low minimum deposit to open.
Sponsored Note: Synchrony Bank was formerly GE Capital Retail Bank. FDIC Insured.
Melrose Credit Union1 Year Share Certificate15 Reviews1.15%$5k-$288
DETAILS
Connexus Credit Union12 Month Certificate With Active Checking14 Reviews1.10%$10k-$276
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Silvergate Bank1 Year High Yield Online CD1.08%$25k$225k$270
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BAC Florida BankBAC Internet Time Deposit 12 Months1.06%$500-$266
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AmTrustDirect12 Month CD8 Reviews1.05%$500-$263
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iGObanking12 Month iGOCD13 Reviews1.05%$1k-$263
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Capital Educators Federal Credit Union12 Month Promotional Share Certificate1.05%$500-$263
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CIT Bank1 Year RampUp Plus CD47 Reviews1.05%$25k-$262
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Nationwide Bank12 Month CD9 Reviews1.02%$500-$256
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Virtual Bank12 Month eCD5 Reviews1.01%$10k-$253
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EverBank1 Year Yield Pledge CD13 Reviews1.01%$1,500-$252
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Parke Bank13 Month CD1 Review1.00%$500-$271
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Discover Bank12 Month CD27 Reviews1.00%$2,500-$251
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Bank5 Connect12 Month Connect CD5 Reviews1.00%$500-$251
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Salem Five12 Month eCD Special3 Reviews1.00%$10k-$251
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Salem Five Direct12 Month eCD Special10 Reviews1.00%$10k-$251
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Oritani BankLoyalty 12 Month Certificate1.00%$1k-$251
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Colorado Federal Savings Bank1 Year CD2 Reviews1.00%$5k-$250
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Palladian Private Bank12 Month CD1 Review1.00%$10k-$250
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Freedom Bank (NJ)12-17 Month CD1.00%$500-$249
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First Bank (NJ)11 Month CD1.00%$500-$229
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Cape Bank10 Month CD1.00%--$209
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Doral Direct12 Month CD5 Reviews0.95%$500-$238
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AloStar Bank of Commerce12 Month CD3 Reviews0.95%$1k-$238
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TIAA Direct12 Month CD5 Reviews0.94%$1k-$236
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E-LOAN.com1 Year CD0.91%$10k-$228
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First Internet Bank of IN12 Month CD1 Review0.90%$1k-$226
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Sallie Mae Bank12 Month CD20 Reviews0.90%$2,500-$226
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Xceed Financial Credit Union12 Month CD9 Reviews0.90%$500-$226
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OneUnited BankUNITY Gold 1 Year E-CD1 Review0.90%$1k-$225
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OneWest Bank N.A. (Pasadena, CA)13 Month Online CD16 Reviews0.85%$1k-$231
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Grand Bank, N.A.12 Month CD0.85%$1k-$213
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Cross River Bank12 Month CD0.85%$500-$213
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Goldwater Bank12 Month CD - AZ Only1 Review0.85%$5k-$213
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Andrews Federal Credit Union12 Month Share Certificate9 Reviews0.85%$1k-$213
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Bogota Savings Bank1 Year CD0.85%$1k-$213
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The National Republic Bank of Chicago1 Year CD1 Review0.85%$1k$100k$213
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Displaying 1-40 of 263 Results



1 Year CD Rate Trend

1-Year CD Rates

CD rates, or certificate of deposit rates, are offered in a variety of maturity dates. The 1-Year CD rates in the table above are listed based on Annual Percentage Yield, from the highest interest rates to the lowest. By clicking on the plus button to the left of an offering, you can view account details and rate history for that particular product. If you click on the bank or credit union’s name, you will be taken to our hub for that financial institution. On this hub page, you can view a map of the branch locations, other product rates, and consumer reviews.

What is a 1-Year CD?

A 1-Year CD is defined by the Federal Reserve as a time deposit, and is sometimes called a 12-Month CD. A depositor who makes a time deposit at a given financial institution cannot withdraw any of the funds deposited until the end of an agreed upon time period, unless he or she pays an early withdrawal penalty equal to at least seven days of interest. At FDIC and NCUA insured institutions, which cover the vast majority of banks and credit unions in the United States, your deposits are covered up to $250,000. Check the ‘Overview’ section on the bank or credit union’s hub page to see whether a particular institution you are interested in is insured.

What Are CDs Used For?

Many savers use CDs to store cash for a fixed period of time, during which they don’t think that they will need to access the committed funds. The 1-Year CD is a secure way to grow savings over a short period of time and will typically gain slightly more in interest than a high interest savings account over that period. Many banks and credit unions will allow you to sign up for and fund a CD online, but most require you to mail in a signed authorization form for confirmation. From time to time interest rates will increase during a period of CD ownership. We have a CD calculator available to help you determine if and when it is wise to break a CD in order to take advantage of an increasing rate environment.