On 12/31/2024 Ken posted:
"The Big 5 Online Banks' 1-year CD APYs from Sep 18 to Dec 31:
Ally: 4.50% -> 3.90% (-60 bps)
CapOne: 4.20% -> 4.00% (-20 bps)
Discover: 4.50% -> 4.00% (-50 bps)
Marcus: 4.60% -> 4.25% (-35 bps)
Synchrony: 4.60% -> 4.00% (-60 bps)
Big 5 Avg: 4.48% -> 4.03% (-45 bps)
Highest 1-year CD APY at an online bank as of Dec 31st:
4.60%, $1k min at EagleBank (https://www.eaglebankcorp.com/personal-banking/cd/)
(My eBanc’s 12m Jumbo (4.55%) is no longer #1.)
On Sep 18th, the highest was 5.18%.
How 1yr yields have changed from Sep 18 to Dec 31:
Top online 1yr CD: 5.18% -> 4.60%
Big 5 Avg: 4.48% -> 4.03%
Top 1yr non-callable brokered CD: 4.10% -> 4.10%
1yr Treasury bill: 3.95% -> 4.17%
5 highest 1yr CD APYs at credit unions as of Dec 31 (10mo-14mo):
5.12% 12mo (https://www.comcfcu.com/banking/)
5.11% 11mo (https://www.actorsfcu.com/bank/savings/certificate-account)
5.10% 12mo (https://dolfcu.org/rates/)
5.00% 13mo (https://www.clearpathfcu.org/depositrates.html)
5.00% 12mo (https://www.centcu.org/time-share-certificates/)
For help finding this CD data and these top CD rates, credit to https://depositquest.substack.com/”
https://x.com/KenTumin/status/1874172490932773337
