National CD rates for August 11, 2011

Interest Rate Roundup
CD rate graph
Compare CD rates nationally and in your area.


  • 0.43% (1-year CD yields)
  • 1.54% (5-year CD yields)

Rates on certificates of deposit stumbled this week.

The average one-year CD yield fell 1 basis point to 0.43 percent. The average five-year CD yield dropped 7 basis points to 1.54 percent.

On the jumbo end, the average one-year CD yield is down 1 basis point to 0.47 percent. The five-year jumbo CD yield is down 6 basis points to 1.56 percent.

The average money market account yield remains 0.16 percent.

On Tuesday the Federal Reserve's rate-setting committee, the Federal Open Market Committee, met to discuss the federal funds rate, or the short-term rate at which banks lend each other money overnight. After the meeting, it was announced that the U.S. is in for at least two more years of ultra-low interest rates with a federal funds rate of close to zero percent.

For CD investors, it may be time to lock in to the best yields available. CD rates will not go up anytime soon.

Use Bankrate's rate tables to find high-yield CDs and high-yield money market accounts.

All deposit products listed with Bankrate are insured by the Federal Deposit Insurance Corp.




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