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Lousy CD Rates Will Squeeze Savers Again In 2014

Friday, December 27, 2013 - 8:11 AM
"We found out just how low CD rates could go this year. And it was ugly. Now savers looking ahead to 2014 should expect those pitiful returns to hang around through 2014 – and probably 2015."

Lousy CD rates will squeeze savers again in 2014 |

There were a couple of bright spots in exception to this. For example, the rate increases at PenFed, which are well above average for the industry.
ShorebreakShorebreak2,675 posts since
Apr 6, 2010
Rep Points: 14,527
1. Sunday, December 29, 2013 - 3:03 PM
I only have one CD coming due this year--in April, and I just looked at their 5-year rates (Alliant CU)--only 1.53%.  I'm really hoping that PenFed--or somebody--has a decent rate in April.
carlycarly26 posts since
Sep 2, 2011
Rep Points: 88