National CD rates for Sept. 1, 2011

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


  • 0.4% (1-year CD yields)
  • 1.38% (5-year CD yields)

Certificates of deposit continued the losing trend in this week's rate survey.

The average one-year CD yield is down 1 basis point to 0.4 percent. The average five-year yield is down 4 basis points to 1.38 percent. A basis point is one-hundredth of 1 percentage point.

For deposits of $100,000, the average one-year jumbo CD yield fell 1 basis point to 0.44 percent. The five-year jumbo yield is down 4 points, at 1.42 percent.

The average money market account yield remains 0.15 percent.

It's not just individuals whose savings are collecting dust instead of earning interest. The interest rate drought also has been tough on municipalities.

A story published Sunday on, the website for the Morning Sentinel in Waterville, Maine, reported that the town of Norridgewock earned $38,000 in interest in 2007. In 2010, the return on savings dropped to $3,400.

Municipalities across the country have struggled to recover from the recession and the slump in the housing market. As a result, interest earned on cash reserves might not go as far as in years past in funding public sector pensions and keeping state government employees in their jobs.




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