Here's a look at the state of CD rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Feb. 24, 2010.
CDsYields: 0.75 percent (1-year CD yield); 2.1 percent (5-year CD yield)
There was some slippage for one-year CDs in this week's interest rate survey of the top banks and thrifts across the country.
The one-year CD yield dropped 1 basis point to 0.75 percent. The five-year CD yield held tight to last week's yield of 2.1 percent.
For a deposit of $100,000 or more, the yield on a jumbo one-year CD fell 1 basis point to 0.8. The five-year jumbo rate remained 2.09 percent.
The average money market account yield dropped 1 basis point to 0.22 percent.
Tuesday, the FDIC released the fourth-quarter earnings for banking institutions insured by the agency. Though profits are still down for banks across the country, there was a $38.7 billion increase over the fourth quarter of 2008.
Check Bankrate's high-yield CDs and high-yield money market account tables for some of the best returns available nationwide.
All deposit products listed with Bankrate are FDIC-insured.
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-- Sheyna Steiner