TheStreet and RateWatch Report Top National & Regional CD Rate Issuers
NEW YORK, May 5, 2015 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. TST reported today that national averages for CD rates of all durations this week remained unchanged as the Federal Reserve continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008.
"CD rates held steady this week," said Scott Gamm, TheStreet's Economics Reporter. "Investors will be watching Friday's April job report very closely, especially after March's disappointing jobs numbers, in which half as many jobs were created as expected. The state of the labor market is one of the key factors in triggering the Federal Reserve's looming rate hike."
NATIONAL AVERAGE RESULTS - $10K
|
This |
Last | |
|
Money Market |
0.15 |
0.15 |
|
1 month CD |
0.11 |
0.11 |
|
3 month CD |
0.15 |
0.15 |
|
6 month CD |
0.23 |
0.23 |
|
1 year CD |
0.36 |
0.36 |
|
2 year CD |
0.56 |
0.56 |
|
3 year CD |
0.77 |
0.77 |
|
4 year CD |
0.95 |
0.95 |
|
5 year CD |
1.18 |
1.18 |
* National Average is calculated using one unique rate per institution. Averages are based on Banks, Savings & Loans, Brokers and Internet Banks with assets greater than $1 Billion.
TOP RATE ISSUERS - $10K
This is a list of issuers with top interest rates. The issuer's Financial Strength Rating is an independent, unbiased evaluation of quarterly regulatory statements. Institutions are assigned a letter grade of A-E with "A" representing the highest rating based on a review of many aspects of financial safety including capitalization, asset quality, profitability and liquidity. For more information, visit www.weissratings.com/help/what-our-ratings-mean.aspx. Information is believed to be accurate, but not guaranteed.
|
Money Market |
Financial |
Minimum |
APY |
|
Salem Five Direct |
B |
1 |
1.100 |
|
800-850-5000 | |||
|
www.salemfivedirect.com | |||
|
First NBC Bank |
B- |
10000 |
1.010 |
|
504-671-3550 | |||
|
www.firstnbcbank.com | |||
|
CrossFirst Bank |
C+ |
1 |
1.000 |
|
316-925-4800 | |||
|
www.crossfirstbank.com | |||
|
Sallie Mae Bank |
A- |
1 |
0.900 |
|
877-346-2756 | |||
|
www.salliemaebank.com | |||
|
Ally Bank |
A- |
1 |
0.850 |
|
704-444-4752 | |||
|
www.ally.com | |||
|
1 Month CD |
Financial |
Minimum |
APY |
|
Carter Bank & Trust |
C+ |
2500 |
0.550 |
|
276-632-2901 | |||
|
www.carterbankandtrust.com | |||
|
Great Southern Bank |
B |
250 |
0.500 |
|
417-888-4316 | |||
|
www.greatsouthernbank.com | |||
|
Umbrellabank.com |
C- |
1000 |
0.400 |
|
866-862-7355 | |||
|
www.umbrellabank.com | |||
|
Beal Bank, SSB |
C- |
1000 |
0.400 |
|
619-894-8066 | |||
|
www.bealbank.com | |||
|
Beal Bank USA |
C+ |
1000 |
0.360 |
|
602-714-3838 | |||
|
www.bealbank.com | |||
|
3 Month CD |
Financial |
Minimum |
APY |
|
Carter Bank & Trust |
C+ |
2500 |
0.550 |
|
276-632-2901 | |||
|
www.carterbankandtrust.com | |||
|
Beal Bank USA |
C+ |
1000 |
0.510 |
|
602-714-3838 | |||
|
www.bealbank.com | |||
|
Umbrellabank.com |
C- |
1000 |
0.510 |
|
866-862-7355 | |||
|
www.umbrellabank.com | |||
|
Institution for Savings In Newburyport |
B |
1 |
0.500 |
|
978-462-3106 | |||
|
www.institutionforsavings.com | |||
|
Great Southern Bank |
B |
250 |
0.500 |
|
417-888-4316 | |||
|
www.greatsouthernbank.com | |||
|
6 Month CD |
Financial |
Minimum |
APY |
|
GE Capital Bank |
A |
500 |
0.700 |
|
801-517-5000 | |||
|
www.gecapitalbank.com | |||
|
Beal Bank USA |
C+ |
1000 |
0.700 |
|
602-714-3838 | |||
|
www.bealbank.com | |||
|
Carter Bank & Trust |
C+ |
2500 |
0.700 |
|
276-632-2901 | |||
|
www.carterbankandtrust.com | |||
|
Colorado Federal Savings Bank |
B |
5000 |
0.700 |
|
877-484-2372 | |||
|
www.coloradofederalbank.com | |||
|
Discover Bank |
C |
500 |
0.650 |
|
888-765-6654 | |||
|
www.discoverbank.com | |||
|
1 Year CD |
Financial |
Minimum |
APY |
|
Colorado Federal Savings Bank |
B |
5000 |
1.350 |
|
877-484-2372 | |||
|
www.coloradofederalbank.com | |||
|
Synchrony Bank |
C+ |
2000 |
1.230 |
|
866-869-4671 | |||
|
www.myoptimizerplus.com | |||
|
Bank Direct |
B- |
10000 |
1.210 |
|
877-839-2737 | |||
|
www.bankdirect.com | |||
|
CIT Bank |
B |
1000 |
1.200 |
|
801-412-6800 | |||
|
www.bankoncit.com | |||
|
Nationwide Bank |
B |
10000 |
1.170 |
|
877-422-6569 | |||
|
www.nationwide.com | |||
|
2 Year CD |
Financial |
Minimum |
APY |
|
Barclays Bank Delaware |
C |
1 |
1.350 |
|
888-710-8756 | |||
|
www.banking.barclaysus.com | |||
|
iGObanking.com |
B- |
1000 |
1.350 |
|
888-432-5890 | |||
|
www.igobanking.com | |||
|
Synchrony Bank |
C+ |
2000 |
1.350 |
|
866-869-4671 | |||
|
www.myoptimizerplus.com | |||
|
NexBank, SSB |
B+ |
10000 |
1.350 |
|
214-234-7280 | |||
|
www.nexbank.com | |||
|
Nationwide Bank |
B |
10000 |
1.300 |
|
877-422-6569 | |||
|
www.nationwide.com | |||
|
3 Year CD |
Financial |
Minimum |
APY |
|
First NBC Bank |
B- |
10000 |
1.770 |
|
504-671-3550 | |||
|
www.firstnbcbank.com | |||
|
Oritani Savings Bank |
A- |
1000 |
1.500 |
|
201-664-5400 | |||
|
www.oritani.com | |||
|
Capitol Federal Savings Bank |
B |
1000 |
1.500 |
|
785-235-1341 | |||
|
www.capfed.com | |||
|
Synchrony Bank |
C+ |
2000 |
1.500 |
|
866-869-4671 | |||
|
www.myoptimizerplus.com | |||
|
Barclays Bank Delaware |
C |
1 |
1.450 |
|
888-710-8756 | |||
|
www.banking.barclaysus.com | |||
|
4 Year CD |
Financial |
Minimum |
APY |
|
Institution for Savings In Newburyport |
B |
1 |
2.000 |
|
978-462-3106 | |||
|
www.institutionforsavings.com | |||
|
BayCoast Bank |
C- |
10 |
1.950 |
|
508-678-7641 | |||
|
www.baycoastbank.com | |||
|
Nationwide Bank |
B |
10000 |
1.860 |
|
877-422-6569 | |||
|
www.nationwide.com | |||
|
Barclays Bank Delaware |
C |
1 |
1.850 |
|
888-710-8756 | |||
|
www.banking.barclaysus.com | |||
|
CIT Bank |
B |
1000 |
1.820 |
|
801-412-6800 | |||
|
www.bankoncit.com | |||
|
5 Year CD |
Financial |
Minimum |
APY |
|
Barclays Bank Delaware |
C |
1 |
2.250 |
|
888-710-8756 | |||
|
www.banking.barclaysus.com | |||
|
Compass Bank |
C+ |
1 |
2.200 |
|
205-297-1986 | |||
|
www.bbvacompass.com | |||
|
CIT Bank |
B |
1000 |
2.200 |
|
801-412-6800 | |||
|
www.bankoncit.com | |||
|
Synchrony Bank |
C+ |
2000 |
2.200 |
|
866-869-4671 | |||
|
www.myoptimizerplus.com | |||
|
Discover Bank |
C |
500 |
2.100 |
|
888-765-6654 | |||
|
www.discoverbank.com |
Financial Strength Rating: A=Excellent, B=Good, C=Fair, D=Weak, E=Very Weak, U=Unrated
Plus sign "+" = top of range, Minus sign "-" = bottom of range
Data is surveyed weekly with averages calculated each Monday afternoon from RateWatch's unbiased national interest rate survey of over 97,000 financial institution locations across the United States. National Average is calculated using one unique rate per institution. Averages and Top Rate Issuers are based on Banks, Savings & Loans, Brokers and Internet Banks with assets greater than $1 Billion.
About RateWatch
For over 20 years, RateWatch has been the premier provider of competitive interest rate and product information to financial institutions across the United States. Consistently providing top quality, highly relevant data RateWatch maintains the largest database in the industry with deposit, loan, and fee information monitoring over 97,000 locations. Rate surveys, product comparisons, financial strength reporting, local/regional/national averages, fee reporting, specialty reports and more are available. To learn more about RateWatch, visit www.rate-watch.com. RateWatch is a division of TheStreet, Inc.
About TheStreet
TheStreet, Inc. (www.t.st) is the leading independent digital financial media company providing business and financial news, investing ideas and analysis to personal and institutional investors worldwide. The Company's portfolio of business and personal finance brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, MainStreet and RateWatch. To learn more, visit www.thestreet.com. The Deal, the Company's institutional business, provides intraday coverage of mergers and acquisitions and all other changes in corporate control. To learn more, visit www.thedeal.com.
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