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 Oct. 28, 2009.


Yields: 0.92 percent (1-year CD yield); 2.19 percent (5-year CD yield)

The average one-year CD yield, as surveyed by, has held steady at 0.92 percent for three weeks. The standard five-year CD yield has fallen by 2 basis points each week for the past couple reports and did it again this week; it now stands at 2.19 percent.

You won't fare any better by socking away $100,000 in a CD because jumbo yields are just as pitiful. The average yield for a one-year jumbo CD is 1 percent, same as last week. The yield on the five-year shed 2 basis points to come in at 2.22 percent.

The average yield for money market accounts remains at 0.32 percent for the second week in a row.

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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