Here's a look at the state of CD rates from Bankrate.com's weekly national survey of large banks and thrifts conducted March 31, 2010.
CDsYields: 0.72 percent (1-year CD yield); 2.13 percent (5-year CD yield)
This installment of Bankrate's weekly rate survey finds a mixed bag for CD yields.
The average one-year CD yield is 0.72 percent, the same as last week. The average five-year CD yield is 2.13 percent, up 1 basis point.
For a deposit of $100,000, investors looking for the typical one-year jumbo CD will find a yield of 0.77 percent, also the same as last week. The five-year jumbo CD yield is up 2 basis points to 2.13 percent.
The average yield on money market accounts is 0.22 percent, showing no change from last week.
Washington Mutual may rise from the dead, thanks to tax refunds in the neighborhood of $5.6 billion, The Washington Post reported Monday. The bankrupt company filed a reorganization plan on Friday, though there are other issues to be hammered out, among them: FDIC approval of the plan as well as possible objections of creditors of the bank.
For some of the best returns available across the country, check Bankrate's high-yield CDs and high-yield money market account tables.
All deposit products listed with Bankrate are FDIC-insured.
See all CD rates content.
-- Sheyna Steiner