National CD rates for Oct. 21, 2010

Interest Rate Roundup
CD rate graph


  • 0.54% (1-year CD yields)
  • 1.61% (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 Oct. 20, 2010.

The bleeding won't stop anytime soon, it appears: CD rates are down again.

In this week's rate survey, the typical one-year CD yield fell 1 basis point to 0.54 percent. The five-year yield dropped 2 basis points to 1.61 percent.

For a deposit of $100,000, the average yield on a one-year jumbo CD is down 2 basis points to 0.58 percent. Also down 2 basis points, the five-year yield is 1.61 percent.

The average yield on a money market account remains 0.19 percent for the seventh week in a row.

A CD ladder can help investors maximize returns and keep part of their CD portfolio flexible for reinvesting. Use Bankrate's CD ladder calculator to build a CD ladder that's right for you.

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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Product Rate Change Last week
1 Year CD 0.97%  0.01 0.96%
2 Year CD 1.18%  0.01 1.19%
5 Year CD 1.67% --0.00 1.67%
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