cds

National CD rates for Oct. 16, 2014

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

CDs

  • 0.26% (1-year CD yields)
  • 0.83% (5-year CD yields)

In this tumultuous stock market week, rates on certificates of deposit were unchanged, while the average yield on a money market account fell.

For the fourth straight week, the average one-year CD yield was 0.26 percent. The average five-year yield was 0.83 percent for the second week in a row.

For a $100,000 deposit, the average one-year jumbo CD yield was 0.28 percent for the second consecutive week. The average five-year jumbo CD yield was 0.87 percent, also for the second week.

After 36 weeks at 0.11 percent, the average money market account yield fell 2 basis points to 0.09 percent. A basis point is one-hundredth of 1 percent.

 

 

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