National CD rates for Aug. 26, 2010

Interest Rate Roundup
CD rate graph


  • 0.63% (1-year CD yields)
  • 1.81% (5-year CD yields)

Here's a look at the state of CD rates from's weekly national survey of large banks and thrifts conducted Aug. 25, 2010.

CD rates dipped again.

The yield on a typical one-year CD fell 1 basis point to 0.63 percent. For a five-year CD, the yield dropped 3 basis points to 1.81 percent.

For deposits of more than $95,000, the yield on a one-year jumbo CD remains 0.69 percent. The five-year jumbo CD lost 4 basis points to 1.79 percent.

Money market account yields fell by 1 basis point in this week's survey and are now 0.19 percent.

The website for Financial Advisor magazine reports that CDARS are enjoying ongoing popularity with investors saddled with cash over the $250,000 FDIC limit. Despite low returns, CDARS and similar services are getting plenty of use.

One of those services, called Liquid Insured Deposits, gives depositors up to $2.5 million in FDIC insurance. Over the past two years, deposits at Liquid Insured Deposits have doubled to more than $8 billion.

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.

-- Sheyna Steiner




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