National CD rates for June 16, 2011

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


  • 0.44% (1-year CD yields)
  • 1.68% (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 June 15, 2011.

CD rates sank slightly in this week's rate survey.

The average one-year CD yield is down 1 basis point to 0.44 percent. The average five-year CD yield also dropped 1 basis point to 1.68 percent.

On the jumbo end, the one-year CD yield is unchanged at 0.49 percent. The average five-year jumbo CD yield is down 1 basis point to 1.7 percent.

The average money market account yield is down 1 basis point to 0.16 percent.

CD rates are relatively low everywhere, but they are not equally low. While banks may be scraping the bottom of the barrel to come up with CD offers in your neck of the woods, there may be better offers elsewhere.

On Monday, Bankrate staff writer Claes Bell blogged about an American Banker study, which showed how varied CD rates are across the country. The average rates on one-year CDs can diverge as much as nearly half a percentage point.

Use Bankrate's rate tables to begin searching nationally for the highest CD rates and high-yield money market accounts.

All deposit products listed with Bankrate are FDIC-insured.

-- Sheyna Steiner




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