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CD Rates Summary - January 18, 2022

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There weren’t many CD rate changes in the last two weeks. On a positive note, most of the changes were rate hikes.

For well-known online banks, the most noteworthy rate changes were at Live Oak Bank. All of its CDs from 6 months to 60 months had rate gains. Its 6-month CD had the largest rate gain, rising 25 bps to 0.50%. Also noteworthy were the rate gains of its 1-year CD (0.65% → 0.75%) and 18-month CD (0.65% → 0.80%). Its long-term CDs (3-, 4- and 5-year terms) all gained 20 bps to 0.90%.

For the less well known online banks, three raised their 5-year CD rates to above 1%. These include State Bank of India in Illinois (1.21% APY), Luana Savings Bank (1.11% A PY) and Colorado Federal Savings Bank (CFSB) (1.07% APY). CFSB also had noteworthy rate hikes on its short-term CDs. Its 1-year CD rate increased 10 bps to 0.73%, and its 11-month No Penalty CD rate increased 10 bps to 0.65%.

For credit unions, a few increased their 5-year CD rates to above 1%. These include Teachers FCU (1.35% APY), AgFed (1.25% APY) and Oklahoma Central (1.05% APY). A couple of credit unions came out with new short-term CD Specials with rates at or above 1%. One of these is Quorum FCU which is offering a special 13-month Jumbo CD (1.00% APY). The other is USALLIANCE Financial which is offering a special 18-month CD (1.05% APY).

Noteworthy CD rate changes from the last two weeks are included below (All percentages are APYs).

I’ve separated them into three groups: 1) the popular banks, 2) the less well known banks that have been rate leaders, and 3) the credit unions with easy membership requirements.

Popular Online Banks:

  • Live Oak Bank (5y 0.70% → 0.90%, 1y 0.65% → 0.75%)
  • TIAA Bank (2y 0.60% → 0.65%)

Less well known banks that have been rate leaders in the past:

  • State Bank of India (5y SC 1.11% → 1.21%, 1y SC 0.60% → 0.70%)
  • Luana Savings Bank (5y 1.06% → 1.11%, 1y 0.50% → 0.55%)
  • Colorado Federal Savings Bank (5y 0.92% → 1.07%, 1y 0.63% → 0.73%)
  • TAB Bank (5y 0.75% → 0.90%, 1y 0.50% → 0.55%)
  • Limelight Bank (3y 0.70% → 0.85%, 1y 0.55% → 0.60%)
  • MY Safra Bank (3y 0.71% → 0.76%, 1y 0.51% → 0.56%)

Credit unions that have easy membership requirements:

  • Teachers FCU (5y 1.25% → 1.35%, 1y 0.50% → 0.40%)
  • AgFed CU (5y 1.15% → 1.25%, 1y 0.35% → 0.45%)
  • Quorum FCU (30m Spc 1.00% → 1.10%, 13m Spc 0.60% → 0.90%)
  • Oklahoma Central CU (5y 0.95% → 1.05%, 1y 0.35% → 0.45%)
  • Affinity FCU (5y 0.55% → 0.80%, 1y 0.30% → 0.40%)
  • USALLIANCE Financial CU (3y Spc 1.05% → 0.75%, 18m Spc 0.75% → 1.05%)
  • Credit Human CU (1y 0.65% → 0.70%)

Brokered CD Rates

For non-callable brokered CDs, rates for most all maturities increased over the last two weeks at both Fidelity and Vanguard. This is the first time in years that brokered CDs are on top in the 5-year nationally-available category.

Two banks dominated the top rates at both Fidelity and Vanguard. State Bank of India dominated the long-term rates. Its rates include 2% for a 10-year term, 1.75% for a 7-year term, 1.65% for a 5-year term (at Fidelity, 1.60% at Vanguard), and 1.30% for a 4-year term. Goldman Sachs Bank USA dominated the short-term rates. Its rates include 1.10% for a 3-year term, 0.80% for a 2-year term, 0.60% for an 18-month term and a 0.50% for a 1-year term.

Both the top non-callable 1-year and 18-month CD rates had large gains from two weeks ago. At Fidelity, the 18-month rate increased 25 bps to 0.60%. At both Fidelity and Vanguard, the 1-year rate increased 15 bps to 0.50%.

Only the top 3-month CD had a rate drop. The top rate decreased from 0.20% to 0.10% at both brokerage firms. The top rates of the 6-month and 9-month CDs had little or no change. The top 6-month CD rate increased 5 bps to 0.20% at Fidelity. At Vanguard, the top 6-month CD rate remained at 0.20%. The top 9-month CD rate increased 5 bps to 0.35% at both brokerage firms.

The callable feature gives the bank the right to redeem a CD early. That can save the bank money when interest rates fall. However, the CD holder loses out if rates fall and the CD is called early. When banks offer more callable long-term CDs, it’s a sign that they think rates are heading down. When the number of callable long-term CDs decline, banks may think rates have reached a bottom and will eventually be rising.

Brokered CD rates often follow Treasury yields. Direct CD rates will often follow brokered CD rates with some lag.

Direct CD Rates and Deals

Advancial’s Jumbo Certificates continue to be rate leaders for terms of under one year to five years. The January Jumbo CD yields range from 0.99% for a 6-month term to 2.13% for a 5-year term. Advancial used to be an “easy membership requirement” credit union in which you could qualify for membership by joining the Connex association. That has ended. However, there may be another association that can be joined to gain Advancial membership. According to a CSR, being a member of the United States Dog Agility "technically" qualifies for Advancial membership. If this works, it may not last long. Advancial has a history of changing its mind on associations. Also, Advancial has a history of not being welcoming to new members who are interested in their CDs as opposed to their loans.

For CDs that are nationally available (without any membership limitations), the highest yield continues to be 1.70% at NASA Federal Credit Union. This special CD has a 49-month term and a minimum deposit of $10k. Its two shorter-term CD specials also remain good deals (1.05% APY 15-month, 0.80% APY 9-month). These rates went up in December and remained unchanged in January.

Michigan State University FCU continues to be on top for 5-year rates (for institutions without membership limitations). Its 5-year Jumbo CD rate increased 10 bps in January to 1.50% APY ($100k minimum deposit.)

For banks, the highest nationally available CD rate regardless of maturity length is now 1.35% APY (7-year term) at First National Bank of America. Its 5-year CD rate (1.25% APY) is also the highest bank rate in the 5-year category.

For the 3-year category, Hughes Federal Credit Union continues to have the top spot with a 1.21% APY on its 3-year Jumbo CD ($99k minimum). It has a 1.11% APY for a $1k minimum deposit.

Quorum Federal Credit Union’s Special 30-month Jumbo CD rate (1.20% APY) is just below Hughes FCU’s 3-year Jumbo CD rate. Minimum deposit for the Jumbo rate is $100k. The rate for a $1k minimum is 1.10% APY.

Quontic Bank remains the 3-year rate leader for banks with a 1.10% APY (up from 1.00% in November.)

For the 2-year category, Western Vista FCU continues to hold the top spot with a 1.20% APY on a special 29-month term. Hughes Federal Credit Union’s 29-month CD continues to be in second place with its 1.11% APY ($99k minimum). Quontic Bank holds the top spot for banks with a 0.95% APY 24-month CD.

For the 18-month category, Consumers Credit Union’s 16-month CD Special (first introduced in December) continues to be the rate leader. For the Super Jumbo 16-month CD Special, the rate is 1.30% APY ($250k minimum). Lower rates are available for smaller minimums (1.20% APY for $100k and 1.10% APY for $250.)

American Heritage FCU’s new 18-month CD rates come close to Consumers Credit Union’s rates. The yield of the Legacy Club version (for members 60+ years of age) recently increased to 1.10%. The yield of the standard version increased to 1.00%.

NASA FCU and USALLIANCE Financial aren’t far behind in the 18-month category. Both have a 1.05% APY. NASA FCU’s special has a 15-month term and a $10k minimum deposit. USALLIANCE Financial’s special has an 18-month term and a $500 minimum deposit.

For the 1-year category, Langley FCU has the top spot with its new 14-month CD Special (1.25% APY). Minimum deposit is $10k. Unlike past Langley CD Specials, this one doesn’t have a maximum deposit. However, like past Langley CD Specials, they’re limiting the availability to current members and new members in DC, MD, NC, and VA.

If you can’t qualify for the Langley 14-month CD Special, the next best CD is the 13-month CD Special at Quorum FCU (1.00% APY for a $100k minimum and 0.90% APY for a $1k minimum).

Poppy Bank used to hold the top spot for 1-year CDs with its 1.00% APY, but the bank is no longer offering their CDs online. A physical visit to one of their California branches is now required.

For terms under one year, Veridian Credit Union’s 9-month Jumbo CD (0.85%) and EFCU Financial’s 6-month Jumbo CD (0.85%) continue to share the top spot. NASA FCU’s 9-month CD Special (0.80%) is the highest rate for small deposits ($10k minimum). For banks, the top spot continues to be held by Luana Savings Bank’s Jumbo 6-month CD Special rate (0.75%).

New Category - Nationally Available Add-On CDs

In August, a new category for nationally available add-on CDs was added near the bottom of the tables. These are CDs in which you can make one or more additional deposits during the term.

The best deal continues to be the 42-month promotional add-on CD at Achieva Credit Union. For a minimum deposit of $500, the rate is 0.95%. The rate is 1.05% for a $75k minimum deposit. The CD allows unlimited additional deposits throughout the term, with maximum total add-on deposits limited to $1 million.

The best add-on CDs have long terms, small minimum deposits, no maximum initial deposits and allow add-on deposits with no limits on the number of deposits or the size of deposits. These types of add-on CDs can be a great hedge against a long low-rate environment in which rates stay low or fall even lower. Deposit the minimum, and use the add-on CD as a back-up CD when your other CDs mature. If you can’t find a higher rate when the CD matures, you can always deposit the funds into the add-on CD.

Note, add-on CDs do have a risk that the institution could refuse to allow add-on deposits or may limit the amount of add-on deposits in contradiction to the original CD disclosure. A few credit unions in the past have failed to honor their add-on terms. I described one example in this 2014 blog post.

Savings and Money Market Accounts

Only two institutions continue to offer liquid accounts with yields of at least 1.00% without any small maximum balance, activity/checking requirements or unusual withdrawal limitations. There was a short period when a new online bank (ZYNLO Bank) was offering 1.25% APY on a new online money market account. The promo ended in March, and now only the standard rate is available (0.80% APY).

The first is the fintech M1 Finance. This is a brokerage firm and robo-advisor which also offers a checking account called M1 Spend. M1 Finance has partnered with Lincoln Savings Bank which holds the deposits and allows deposits to be FDIC insured. The Spend account has two options: basic and plus. The basic account offers no interest. The plus account offers 1% APY on all balances. The downside with M1 Plus is a $125-per-year maintenance fee that can’t be waived (they’re now waiving this fee for the first year.)

The second one is the fintech T-Mobile Money. It has partnered with a bank (Customers Bank) to hold the deposits in an FDIC-insured account. Its checking account offers 1.00% APY on all balances without any activity requirements.

Advancial Credit Union used to be in this group with its Premium Money Market account that had a 1.01% APY for a $100k minimum balance. This rate fell to 0.81% in October, and in December, the Premium Money Market became no longer available to open.

For more details about these three accounts, please refer to my latest liquid account summary.

Federal Reserve and Interest Rate Summary

The Fed and economy review is now split off on a separate blog post. My weekly summaries will now be focused entirely on deposit rates and deals. Please keep all discussion about the Fed, the economy and politics to my Fed/Economy review blog post.

Here's the link to last week's savings/checking account summary. You can always get the latest rates for savings/checking accounts and CDs by using our rate tables, available via the navigational menu on top.

Yields Accurate as of January 18, 2022

Under 1-Year CD Rates

InstitutionRatesNotes
Advancial0.99% ($50k) 6-month Jumbo CertificatePossible easy membership - membership and CD eligibility have been restricted in the past
Veridian Credit Union0.85% ($100k), 0.75% ($1k) 9-month Jumbo CD SpecialEasy membership See review
EFCU Financial0.85% ($100k) 6-month Jumbo CDEasy membership See review
NASA Federal Credit Union0.80% ($10k) 9-month Share Certificate SpecialEasy membership Account review
Luana Savings Bank0.75% ($100k), 0.65% ($50k) 6-month Certificate Special Account review
Lafayette Federal Credit Union0.70% ($500) 7-month Fixed CDEasy membership Account review
CommunityWide Federal Credit Union0.70% ($1k) 6-month Share CertificateEasy membership Account review
CFSB0.65% ($5k) 11-month No Penalty CD Account review
CFG Bank0.62% ($500) 13-month Penalty Free CDAccount review
USALLIANCE Financial0.55% ($500) 11-month No-Penalty CD Easy membership Account review
Quontic Bank0.55% ($500) 6-month CDAccount review
Marcus by Goldman Sachs0.55% ($500) 8-month No-Penalty CD Available to active AAPR members only Account review
BankDirect0.50% ($10k) 6-month CD Account review
Ally Bank0.50% ($25k) 11-month No-Penalty CD Account review
Marcus by Goldman Sachs0.45% ($500) 7-month No-Penalty CD Account review
Marcus by Goldman Sachs0.35% ($500) 11-month No-Penalty CD Account review
Fidelity Brokered CD0.35% (APR) 9-month non-callable CDIssued by GSB*
The Vanguard Group Brokered CD0.35% (APR) 7-9 month non-callable CDIssued by GSB*
Fidelity Brokered CD0.20% (APR) 6-month non-callable CDIssued by GSB*
The Vanguard Group Brokered CD0.20% (APR) 4-6 month non-callable CDIssued by GSB*
Fidelity Brokered CD0.10% (APR) 3-month non-callable CDIssued by GSB, MZTB, SGB&T*
The Vanguard Group Brokered CD0.10% (APR) 1-3 month non-callable CDIssued by GSB, MZTB*

Noteworthy Local Deals - Under 1-Year CDs

Cooperative Teachers Credit Union1.55% ($1k) 3-month CD Special 6 Texas counties See review
OU Federal Credit Union1.51% ($1k) 6-month Share Certificate Faculty, staff, students of Oklahoma University; members of Oklahoma University Alumni Association
Poppy Bank0.75% ($1k) 9-month CD (**NTS)California Account review
Security First Credit Union0.80% ($100k), 0.75% ($50k), 0.70% ($25k), 0.60% ($500) 6-month CD Rio Grande Valley, Texas See review
Tinker Federal Credit Union0.75% ($99k), 0.70% ($50k), 0.65% ($25k), 0.60% ($10k), 0.45% ($1k) 6-month Share Certificate 3 Oklahoma counties; relationship with Tinker AFB or Vance AFB See review

1-Year CD Rates

Langley Federal Credit Union1.25% ($10k) 14-month Promotional Certificate Easy membership, but CD is only available to current members and new members in DC, MD, NC, and VA See review
Advancial1.17% ($50k) 1-year Jumbo CertificatePossible easy membership - membership and CD eligibility have been restricted in the past See review
Quorum Federal Credit Union1.00% ($100k), 0.90% ($1k) 13-month Term Savings Account (**NTS)Easy membership See review
EFCU Financial0.90% ($100k) 12-month Jumbo CD Easy membership See review
PenFed Credit Union0.85% ($1k) 12-month Money Market Certificate Easy membership See review
SBT (State Bank of Texas)0.85% ($25k) 12-month CD SpecialAccount review
Lafayette Federal Credit Union0.80% ($500) 1-year Fixed CDEasy membership Account review
Live Oak Bank0.75% ($2.5k) 1-year CD (**NTS)Account review
CFSB0.73% ($5k) 12-month CD (**NTS)Account review
Synchrony Bank0.70% ($2K) 14-month CD Account review
CFG Bank0.67% ($500) 12-month CDAccount review
Fidelity Brokered CD0.50% (APR) 1-year non-callable CDIssued by GSB*
The Vanguard Group Brokered CD0.50% (APR) 1-year non-callable CDIssued by GSB*

Noteworthy Local Deals - 1-Year CDs

Schools Federal Credit Union2.50% APY ($5k min/$50k max; additional deposits throughout term up to $50k max) Special 12-month Relationship CD Employees and students of Los Angeles Unified School District and Los Angeles Community College District
Democracy Federal Credit Union1.51% ($500) 12-month IRA Share Certificate Washington, D.C. metro area See review
TEXAR Federal Credit Union1.20% ($1k) 12-month Share Certificate 4 Texas and 2 Arkansas counties See review
Ukrainian Selfreliance Federal Credit Union1.11% ($75k), 1.01% ($500) 13-month CDRelationship w/Ukrainian churches and cultural organizations in Philadelphia area See review
Navy Army Community Credit Union1.10% ($100k) 1-year Jumbo CD8 Texas counties See review
Keesler Federal Credit Union1.05% ($25) 1-year FirstStep CDEasy membership in AL, LA, and MS See review

18-month CD Rates

Advancial1.40% ($50k) 18-month Jumbo CertificatePossible easy membership - membership and CD eligibility have been restricted in the past See review
Consumers Credit Union (IL)1.30% ($250k) 16-month Super Jumbo CD Easy membership See review
Consumers Credit Union (IL)1.20% ($100k) 16-month Jumbo CD Easy membership See review
Consumers Credit Union (IL)1.10% ($250) 16-month CD Easy membership See review
American Heritage Federal Credit Union1.10% ($1k) 18-month Share Certificate (Legacy Club) Easy membership See review
USALLIANCE Financial1.05% ($500) 18-month Certificate Special (**NTS) Easy membership Account review
NASA Federal Credit Union1.05% ($10k) 15-month Share Certificate SpecialEasy membership Account review
PenFed Credit Union1.00% ($1k) 15-month Money Market CertificateEasy membership See review
American Heritage Federal Credit Union1.00% ($1k) 18-month Share CertificateEasy membership See review
Live Oak Bank0.80% ($2.5k) 18-month CD (**NTS)Account review
CFSB0.77% ($5k) 18-month CDAccount review
NexBank0.75% ($10k) 18-month CDAccount review
CFG Bank0.70% ($500) 18-month CDAccount review
Synchrony Bank0.70% ($2k) 18-month CDAccount review
The Vanguard Group Brokered CD0.60% (APR) 13-18 month non-callable CDIssued by GSB*
Fidelity Brokered CD0.60% (APR) 18-month non-callable CDIssued by GSB*

Noteworthy Local Deals - 18-Month CDs

TEXAR Federal Credit Union1.50% ($1k) 18-month Share Certificate4 Texas and 2 Arkansas counties See review
Achieva Credit Union1.50% ($50 min/$5k max) 15-month Promotional CDAvailable only in Florida See review
Gulf Coast Federal Credit Union1.16% ($500) 18-month Share Certificate3 Texas counties
Riverside Bank of Dublin1.11% ($500) 18-month CD Special Columbus, Ohio metro area See review
Community First Credit Union1.06% ($10k) 16-month CD Special13 NE Wisconsin counties See review
First United Credit Union1.05% ($500) 18-month Certificate Special Easy membership in Michigan See review
Gesa Credit Union1.05% ($500) 17-month Certificate Special (**NTS)Washington state, 12 Oregon, and 10 Idaho counties See review

2-Year CD Rates

Advancial1.63% ($50k) 2-year Jumbo CertificatePossible easy membership - membership and CD eligibility have been restricted in the past See review
Western Vista Federal Credit Union1.20% ($500) 29-month CD Special Easy membership See review
Hughes Federal Credit Union1.11% ($99k) 29-month Jumbo CD Easy membership See review
Bellco Credit Union1.00% ($500) 24-month CD (**NTS)Easy membership See review
EFCU Financial1.00% ($100k) 24-month Jumbo CD Easy membership See review
Quontic Bank0.95% ($500) 2-year CDAccount review
Lafayette Federal Credit Union0.90% ($500) 2-year Fixed CD Easy membership Account review
CFSB0.87% ($5k) 24-month CDAccount review
Live Oak Bank0.85% ($2.5k) 2-year CD (**NTS)Account review
First National Bank of America0.80% ($1k) 24-35 month CD Account review
Merrick Bank0.80% ($25k) 24-month CDAccount review
The Vanguard Group Brokered CD0.80% (APR) 2-year non-callable CDIssued by GSB*
Fidelity Brokered CD0.80% (APR) 2-year non-callable CDIssued by GSB*

Noteworthy Local Deals - 2-Year CDs

La Joya Area Credit Union1.26% ($1k) 24-month CDHildago County, Texas
First United Credit Union1.25% ($500) 24-month Certificate Special Easy membership in Michigan See review
Oklahoma's Credit Union1.22% ($100k) 22-month Jumbo CD Special 8 Oklahoma counties See review
Gulf Coast Federal Credit Union1.21% ($500) 24-month Share Certificate3 Texas counties
CoastLife Credit Union1.16% ($1k) 24-month CD6 Texas counties See review
Navy Army Community Credit Union1.15% ($100k) 2-year Jumbo CD 8 Texas counties See review

3-Year CD Rates

Advancial1.83% ($50k) 3-year Jumbo CertificatePossible easy membership - membership and CD eligibility have been restricted in the past See review
Hughes Federal Credit Union1.21% ($99k) 36-month Jumbo CD Easy membership See review
Quorum Federal Credit Union1.20% ($100k), 1.10% ($1k) 30-month Term Savings Account (**NTS)Easy membership See review
Quontic Bank1.10% ($500) 3-year CDAccount review
Barksdale Federal Credit Union1.10% ($1k) 36-month Certificate Military relationship See review
EFCU Financial1.10% ($100k) 36-month Jumbo CD Easy membership See review
The Vanguard Group Brokered CD1.10% (APR) 3-year non-callable CDIssued by GSB*
Fidelity Brokered CD1.10% (APR) 3-year non-callable CDIssued by GSB*
Bellco Credit Union1.05% ($500) 36-month CD (**NTS)Easy membership See review
Michigan State University Federal Credit Union1.05% ($100k) 3-year Jumbo CD Easy membership Account review
First National Bank of America1.00% ($1k) 36-47 month CD Account review
Comenity Direct1.00% ($1.5k) 3-year CDInternet bank Account review
Popular Direct0.95% ($10k) 3-year Popular Direct CDInternet bank Account review
CFSB0.92% ($5k) 36-month CD (**NTS)Account review

Noteworthy Local Deals - 3-Year CDs

Democracy Federal Credit Union1.82% ($2k) 36-month IRA Share Certificate Washington, D.C. metro area See review
La Joya Area Credit Union1.46% ($1k) 36-month CDHildago County, Texas
TDECU1.40% ($100k) 36-month Jumbo CD 30 Texas Counties See review
Complex Community Credit Union1.38% ($500) 36-month CD Midland and Odessa, Texas See review
TFCU1.36% ($50k) 36-month Jumbo Share Certificate El Paso County, Texas See review

4-Year CD Rates

Advancial1.98% ($50k) 4-year Jumbo Certificate Possible easy membership - membership and CD eligibility have been restricted in the past See review
NASA Federal Credit Union1.70% ($10k) 49-month Share Certificate Special Easy membership Account review
The Vanguard Group Brokered CD1.30% (APR) 4-year non-callable CDIssued by GSB*
Fidelity Brokered CD1.30% (APR) 4-year non-callable CDIssued by SBoI*
Michigan State University Federal Credit Union1.25% ($100k) 4-year Jumbo CD Easy membership Account review
Interior Federal Credit Union1.22% ($100k) 48-month Jumbo Share CertificateEasy membership See review
Barksdale Federal Credit Union1.20% ($1k) 48-month CertificateMilitary relationship See review
EFCU Financial1.20% ($100k) 48-month Jumbo CDEasy membership See review
Lafayette Federal Credit Union1.16% ($500) 4-year Fixed CDEasy membership Account review
First National Bank of America1.10% ($1k) 48-59 month CD Account review
State Bank of India1.06% ($25k) 4-year Senior Citizen CD Account review
Comenity Direct1.05% ($1.5k) 4-year CDInternet bank Account review
Luana Savings Bank0.95% ($100k), 0.90% ($1k) 48-month CD (**NTS)Account review
Live Oak Bank0.90% ($2.5k) 4-year CD (**NTS)Account review

Noteworthy Local Deals - 4-Year CDs

La Joya Area Credit Union1.61% ($1k) 48-month CDHildago County, Texas
TFCU1.61% ($50k) 48-month Jumbo Share CertificateEl Paso County, Texas See review
Schools Federal Credit Union1.51% ($90k), 1.24% ($50k), 1.11% ($500) 48-59 month CD Employees and students of Los Angeles Unified School District and Los Angeles Community College District
Security First Credit Union1.46% ($100k) 48-month CDRio Grande Valley See review
Department of Commerce Federal Credit Union1.42% ($500) 48-59 month CD (**NTS)Easy membership in DC, DE, MD, PA, VA, and WV See review

5-Year CD Rates

Advancial2.13% ($50k) 5-year Jumbo CertificatePossible easy membership - membership and CD eligibility have been restricted in the past See review
Fidelity Brokered CD1.65% (APR) 5-year non-callable CDIssued by SBoI*
The Vanguard Group Brokered CD1.60% (APR) 5-year non-callable CDIssued by SBoI*
Michigan State University Federal Credit Union1.50% ($100k) 5-year Jumbo CDEasy membership Account review
Barksdale Federal Credit Union1.45% ($1k) 60-month CertificateMilitary relationship See review
Wings Financial Credit Union1.36% ($250k), 1.31% ($100k), 1.26% ($10k), 1.21% ($500) 5-year CertificateEasy membership Account review
Teachers Federal Credit Union1.35% ($1k) 60-month CD (**NTS)Easy membership Account review
EFCU Financial1.35% ($100k) 60-month Jumbo CDEasy membership See review
PenFed Credit Union1.30% ($1k) 5-year Money Market CertificateEasy membership See review
First National Bank of America1.25% ($1k) 60-month CD Account review
State Bank of India1.21% ($25k) 5-year Senior Citizen CD Account review
State Bank of India (IL)1.21% ($2.5k) 5-year Senior Citizens CD Account review
Quontic Bank1.20% ($500) 5-year CD Account review
Luana Savings Bank1.11% ($100k), 1.06% ($1k) 5-year CD (**NTS)Account review

Noteworthy Local Deals - 5-Year CDs

Complex Community Credit Union2.10% ($500) 60-month CD Midland and Odessa, Texas See review
Democracy Federal Credit Union2.02% ($2.5k) 60-month IRA Share Certificate Washington, D.C. metro area See review
TFCU1.87% ($50k) 60-month Jumbo Share Certificate El Paso County, Texas See review
La Joya Area Credit Union1.81% ($1k) 60-month CDHildago County, Texas
Luso-American Credit Union1.61% ($500) 5-year CDEssex County, Massachusetts See review
First Community Credit Union1.55% ($100k), 1.50% ($500) 60-month CD 3 Texas counties (Houston area) See review

Over 5-Year CD Rates

The Vanguard Group Brokered CD2.00% (APR) 10-year non-callable CDIssued by SBoI*
Fidelity Brokered CD2.00% (APR) 10-year non-callable CDIssued by SBoI*
The Vanguard Group Brokered CD1.75% (APR) 7-year non-callable CDIssued by SBoI*
Fidelity Brokered CD1.75% (APR) 7-year non-callable CDIssued by SBoI*
PenFed Credit Union1.50% ($1k) 7-year Money Market Certificate Easy membership See review
Superior Choice Credit Union1.50% ($2.5k) 7-year Share Certificate Easy membership See review
Credit Human1.40% ($1k) 120-month CDEasy membership See review
First National Bank of America1.35% ($1k) 84-month Time CD Account review
SRP Federal Credit Union1.26% ($5k) 7-year Flex CDEasy membership See review
Luana Savings Bank1.26% ($100k), 1.21% ($50k) 6-year CD Account review
Evansville Teachers Federal Credit Union1.15% ($1k) 6-year CDEasy membership See review
Northrop Grumman Federal Credit Union1.10% ($40k) 84-month Bonus Term CDEasy membership See review
Marcus by Goldman Sachs1.00% ($500) High-Yield 6 Year CD Account review
Discover Bank1.00% ($2.5k) 10-year CD Account review
MySavingsDirect1.00% ($1k) 60-120 month My Term CD Account review

Noteworthy Local Deals - Over 5-year CDs

Argentine Federal Savings1.77% ($1k) 120-month CDKansas City metro area
State Nebraska Bank & Trust1.75% ($25k) 10-year Bank 4Ward CD SpecialEastern Nebraska
Security First Credit Union1.56% ($100k), 1.46% ($50k), 1.41% ($25k), 1.36% ($1k) 84-month CD Rio Grande Valley, Texas See review
Monroe Savings Bank1.51% ($1k) 10-year CDSouth New Jersey
Department of Commerce Federal Credit Union1.54% ($500) 60-84 month CD (**NTS)Easy membership in DC, DE, MD, PA, VA, and WV See review
Apple Federal Credit Union1.50% ($500) 120-month CD Easy membership in District of Columbia, Maryland, and Virginia See review

*GSB (Goldman Sachs Bank), MZTB (Mizrahi Tefahot Bank), SBoI (State Bank of India), SGB&T (Sturgis Bank & Trust)

**New To Summary, as of January 18, 2022

Nationally Available Add-On CD Rates

InstitutionRatesNotes
Navy Federal Credit Union3.00% ($50 min/$3k max) 12-month Special Easy Start CDUnlimited deposits throughout term, checking relationship, direct deposit Account review
Achieva Credit Union1.05% ($75k), 0.95 ($500) 42-month Promotional CD (unlimited add-ons) Easy membership See review
Heartland Credit Union (KS)0.90% ($100k), 0.85% ($25k), 0.80% ($500 min) 30-Month Add-On CDUnlimited deposits ($500 min) throughout term Account review
Vibrant Credit Union0.80% ($100 min) 5-Year Add-On CDUnlimited deposits throughout term Account review
Mountain America Credit Union0.75% ($5 min/$100k max) 60-month Growth CDUnlimited deposits throughout term, min $10 automatic monthly deposit See review
Blue Federal Credit Union0.60% ($100k), 0.55% ($50k), 0.50% ($2k) 30-month Expandable CDUnlimited deposits throughout term Account review
Mountain America Credit Union0.65% ($5 min/$100k max) 48-month Growth CDUnlimited deposits throughout term, min $10 automatic monthly deposit See review
Blue Federal Credit Union0.60% ($100k), 0.55% ($50k), 0.50% ($2k) 30-month Expandable CDUnlimited deposits throughout term Account review
Pen Air Federal Credit Union0.60% ($500 min) 15-month Add-On CDUnlimited deposits throughout term Account review
Evansville Teachers Federal Credit Union0.55% ($25) 1-year Save to Win CertificateUnlimited deposits throughout term See review
Rising Bank0.55% ($25k min) 36-month Rising CDTwo additional deposits during term Account review
Bank5 Connect0.50% ($500 min) 24-month Investment CDUnlimited deposits throughout term Account review
Navy Federal Credit Union0.50% ($100 min) 12-month Easy Start CDUnlimited deposits throughout term Account review
Rising Bank0.45% ($5k min) 18-month Rising CDOne additional deposit during term Account review

CDs Removed Due To Low Rates Or Expired Specials

CDs Removed, No Longer Available

Energy Capital Credit Union1.06% ($1k) 18-month CDHouston, Texas area See review

CDs Removed, Rate Too Low

Beacon Community Bank0.70% ($250) 6-month CD Charleston, South Carolina area See review
Poppy Bank1.00% ($1k) 12-month CD (now offered only in California)Account review
CommunityWide Federal Credit Union0.75% ($1k) 12-month Share CertificateEasy membership Account review
Hughes Federal Credit Union0.75% ($99k) 12-month Jumbo CD Easy membership See review
Continental Bank0.65% ($1k) 13-month High Yield CD Account review
INSBANK Online0.65% ($2.5k) 12-month CD Account review
Poppy Bank1.00% ($1k) 18-month CD (now offered only in California)Account review
EFCU Financial0.95% ($100k) 18-month Jumbo CD Easy membership See review
First Internet Bank0.65% ($1k) 18-month CD Account review
INSBANK Online0.65% ($2.5k) 18-month CD Account review
Poppy Bank1.00% ($1k) 24-month CD (now offered only in California)Account review
Barksdale Federal Credit Union0.90% ($1k) 24-month Certificate Military relationship See review
PenFed Credit Union0.85% ($1k) 2-year Money Market Certificate Easy membership See review
ConnectOne Bank0.75% ($500) 23-month CD Account review
NexBank0.75% ($10k) 24-month CDAccount review
Lafayette Federal Credit Union1.01% ($500) 3-year Fixed CD Easy membership Account review
Poppy Bank1.00% ($1k) 36-month CD (now offered only in California)Account review
USALLIANCE Financial0.75% ($500) 36-month Certificate Special Easy membership Account review
Poppy Bank1.00% ($1k) 48-month CD (now offered only in California)Account review
TIAA Direct0.90% ($1k) 4-year CD Account review
Luso-American Credit Union1.41% ($500) 4-year CD Essex County, Massachusetts See review
Genisys Credit Union1.30% ($100k) 5-year Jumbo CertificateEasy membership Account review
Poppy Bank1.25% ($1k) 60-month CD (now offered only in California)Account review
Related Pages: 1-year CD rates, 5-year CD rates, nationwide deals, Internet banks
Comments

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