National CD rate averages

Here's a look at the state of interest rates on five common consumer banking products and the latest rates from's weekly national survey of large banks and thrifts conducted Sept. 23, 2009.


Yields: 0.96 percent (1-year CD yield); 2.19 percent (5-year CD yield)

Wonders never cease. It is possible for CD yields to rise. There's no saying if they'll flip-flop next week, but we'll take the good news while we can. Yields for the products surveyed in this report rose across the board. The longer-term maturities saw the biggest boost, but the shorter-term yields are joining the party.

The average yield for one-year CDs, as surveyed by, rose 2 basis points this week to 0.96 percent. The average yield for a five-year CD popped 7 basis points to 2.26 percent.

Jumbo CDs saw comparable results, with the average one-year yield rising 1 basis point to 1.03 percent, and the five-year reaching 2.29 percent versus last week's 2.24 percent.

The average yield for money market accounts nudged up 1 basis point to 0.33 percent.

Check Bankrate's 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.

-- Laura Bruce



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