Archive for the 'Current CD Rates' Category

Virtual Bank increases CDs and Money Market

Virtual Bank has recently increased the rates on its eCDs and its eMoney Market. VirtualBank now offers both Regular CDs and these eCDs. The eCDs have rates up to 15 basis points higher than the Regular CDs.
The most competitive CD rates are for terms of 2 years and under. These include a 4.08% APY 6-month [...]

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 [...]