1 yr CD An FDIC-insured, 1-year fixed term depository account that is directly offered to individual consumers with no other relationship with the institution. For credit unions, insurance is issued by NCUA. This account must include a withdrawal penalty if funds are withdrawn in the first 7 days. The stated rate and yield assume that principal and interest are left on deposit for the entire term of the CD. Rate information is collected on the minimum deposit required to open and earn interest at the stated rate. Best rate (100 Highest Yields) accounts are offered across all 50 states.