New Long-Term CD and IRA Rate Tables
We just made a small change to the CD and IRA rate tables today. We have moved the 7-year and 10-year CDs out of the 5-year CD tables and into new tables just for these long-term CDs.
The links to these tables are located in the top navigation menu. Here's the direct link to the 6+ year CD table.
Thanks to reader Cactus who recommended this change in the DepositAccounts.com feedback section of the forum. As Cactus noted, these 7+ year CDs typically have larger early withdrawal penalties than 5-year CDs, and thus, they should be kept separate from the 5-year CDs.
Unfortunately, not many banks and credit unions offer these 7-year and 10-year CDs. If you know of any not listed in the tables (nationwide or local), please leave a comment.
Update 6/12/10: Name of the 7+year CD table has been changed to 6+year CD. Link has also changed.