Thursday, June 9, 2011

Best CD Rates -Top 1, 2, 3, 5, 7 & 10-yr CD Rates

The top rate for a certificate of deposit (CD) this week is at Security Service Federal Credit Union where you can get a 7-year certificate that currently pays 3.50% APY.

For shorter terms, Doral Bank has a 1-year CD with a 1.40% annual percentage rate.

The one year US Treasury rate is currently 0.21%.

With rates so low, banks will try to sell you their annuity products. Make sure you read our article: Beware of Annuities

The table below shows the best CD rates for other terms.

For Larger Text: If that table is hard to read, then try Very Best CD Rates.
where you can get a 7-year certificate that currently pays 3.50% APY.

"Highest CD Rates Survey for 6/8/11"
Term
Highest
Rate (APY)
Where?
(Click link for Full Rate Sheets)
Vanguard Daily
0.05%
Vanguard Prime Money Market Fund
Vanguard Tax Exempt
0.04%
Vanguard Tax Exempt Money Market Fund
FDIC Daily Savings
1.15%
Best Savings Account Rate Survey
6 Month CD
1.12%
AloStar Bank merging into Nexity Bank
1 Year CD
1.40%
Doral Bank
1 Yr US Treasury
0.16%
US Treasury Rate Quote
18 - Month CD
1.35%
Aurora Bank
2 Year CD
1.66%
Melrose CU & 1.55% @ MetLife Bank
3 Year CD
2.50%
Security Service CU
4 Year CD
2.42%
Melrose CU & 2.25% @ Astoria Fed Savings
5 Year CD
3.00%
Security Service CU
5 Yr US Treasury
1.55%
US Treasury Rate Quote
7 Year CD
3.50%
Security Service CU & 2.75% PenFed CU
10 Year CD
3.00%
Discover Bank
10 Yr US Treasury
2.96%
US Treasury Rate Quote
30 Yr US Treasury
4.18%
US Treasury Rate Quote
Vanguard Money Market & US Treasury Rates shown for Reference

Related Information:
With rates so low, banks will try to sell you their annuity products. Make sure you read our article: Beware of Annuities.