Archive for the 'Current CD Rates' Category

High Yield Long Term CD Rates @ US Bank

US Bank has increased the rate on its CD specials. The new 59-month CD yield is 4.65% APY, and the 43-month CD yield is 4.10% APY. The shorter term yields are much lower: 3.50% APY for a 23-month CD and 2.80% APY for a 11-month CD.
One important detail regarding this CD is a severe early […]

M&I Bank 4.50% 5 year CD

M&I Bank has a CD promotion with a 60-month CD with a competitive yield of 4.50% APY. The minimum deposit is $2,500. They also offer two other CD specials with less competitive rates: a 3.75% APY 40-month CD and a 3.25% APY 20-month CD.
Branches are located in Arizona, Florida, Illinois, Indiana, Kansas, Minnesota, Missouri, Nevada […]

Current CD Rate Trends

We can’t be lulled into thinking that this is a turning point because, as much as the Fed may want to stop cutting short-term rates to quell inflation, they seem to be more concerned with fending off a recession.
The average yield for one-year CDs dropped 4 basis points to 2.43 percent. The five-year CD average […]

Current Wells Fargo CD Rates

With the recent Fed rate cuts, Wells Fargo has lowered their rates on their online CD special to 3.50% APY. Minimum balance on this certificate is $5,000, and the term to maturity is 5 months.
Aside from this special, Wells Fargo CD rates are a bit low, ranging from 1.50% to 3.00% APY.
At maturity, CD will […]