As of 1 pm ET 01/16/2025, here are the highest rates from this week at either Charles Schwab brokerage and/or Vanguard brokerage for non-callable, new-issue brokered CDs with terms of 1-month, 3-month, 6-month, 9-month, 1-year, 18-month, 2-year, 3-year, 4-year, 5-year, and 10-year:
1-month: 4.25% (Beal Bank TX, PeoplesBank MA, Texas Regional Bank TX)
3-month: 4.25% (First Business Bank WI, Five Star Bank NY, FVCBank VA, Northpointe Bank MI, U.S. Century Bank FL)
6-month: 4.20% (Civista Bank OH, Fulton Bank NA PA, Stearns Bank NA MN)
9-month: 4.20% (Dogwood State Bank NC - monthly, First Fed Bank WA sold out, Woori America Bank NY sold out)
1-year: 4.20% (First Fed Bank WA sold out), 4.15% (Banner Bank WA, BMO Bank NA IL, Enterprise Bank & Trust MO - monthly, Fifth Third Bank NA OH, First Seacoast Bank NH – quarterly, Hingham Institution for Savings MA, MSB, Parkway Bank and Trust Company IL)
18-month: 4.15% (Bank Hapoalim BM NY, First Seacoast Bank NH - quarterly, Guaranty Bank and Trust Company MS – monthly, MSB, MSPB)
2-year: 4.15% (American Express National Bank UT, Banc of California CA, First Seacoast Bank NH – quarterly, MSB, MSPB)
3-year: 4.15% (American Express National Bank UT, Bankers’ Bank WI – monthly sold out, Valley National Bank NJ)
4-year: 4.10% (BMW Bank of North America UT, First National Bank of America MI – monthly, MSB, MSPB, Northfield Bank NJ– monthly sold out)
5-year: 4.15% (American Express National Bank UT, Bankers’ Bank WI – monthly sold out)
10-year: 4.15% (EagleBank MD – monthly)
Large issuers abbreviations:
BofA => Bank of America, NC; GSB => Goldman Sachs Bank USA, NY;
MSB => Morgan Stanley Bank, UT; MSPB => Morgan Stanley Private Bank, NY;
SCHW => Charles Schwab Bank, TX; UBS => UBS Bank USA, UT; WF=> Wells Fargo Bank, SD.
Notes: For those staying liquid, here are the previous ten, including from today, weekly 4-week T-bill auctions most recently yielding investment rates: 4.313%, 4.318%, 4.339%, 4.334%, 4.303%, 4.313%, 4.476%, 4.630%, 4.609%, 4.589%.
Current Money Market yields as of 01/15/25 at Vanguard are (VMFXX (Settlement fund) 4.27%, VUSXX 4.33%, VMRXX 4.29%).
