National CD rates for Dec. 23, 2010

Interest Rate Roundup
CD rate graph


  • 0.48% (1-year CD yields)
  • 1.55% (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 Dec. 22, 2010.

CD rates are a mixed bag in this week's rate survey.

The average one-year CD yield is down 1 basis point to 0.48 percent. For the five-year, the yield is up 3 basis points to 1.55 percent.

For deposits of about $100,000 or more, the average one-year jumbo CD yield is unchanged from last week at 0.53 percent. The yield on a five-year jumbo CD is up 3 basis points to 1.56 percent.

For the 16th week in a row, the average money market account yield is 0.19 percent.

A survey by the coupon website has found that more than half of Americans, or 51 percent, spent more than they planned on Christmas presents this year. One-third of the survey respondents admitted that they had spent twice what they planned to spend, and 12 percent said they had spent four times as much as they had budgeted.

If your Christmas budget got out of hand, get a jump on the 2011 holiday season by starting a savings account specifically for gift-buying next year.

Check Bankrate's rate tables for high-yield CDs and high-yield money market accounts.

All deposit products listed with Bankrate are FDIC-insured.

-- Sheyna Steiner




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