bank rates

1-Year CD Rates Roundup: Earn 1.65% Nationally, 1.69% Locally

piggies in the round

The top nationally available return on 1-year certificates of deposit is currently 1.65% APY, higher than you could have earned at this time last year.

Better yet, you can earn up to 1.69% APY from credit unions and community banks, and we’ll tell you where to find those local deals.

The top national yields

In early 2014, the leading 1-year rate on our CD Rates Leaderboard of nationally available bank certificates was still at its post-recession low of 1.05% APY.

Since then, the top rate has moved upward in a faltering pattern, but we’re finally starting to see some steady gains.

You can take home 1.65% APY from That’s with a minimum deposit of $10,000. You can also earn 1.62% APY from two banks. e-BAnC is offering that rate with a minimum of $1,500, and EverBank is offering that deal with a minimum of $5,000.

In total, 18 banks are offering 1.32% APY or better.

Of course, new offers can be unveiled at any time, so to get the latest read of the top CD rates, search Bankrate’s daily database.

Top National 1-Year CD Rates

Bank Yield Minimum Deposit 1.65% $10,000
e-BAnC 1.62% $1,500
EverBank 1.62% $5,000
State Bank of India – New York 1.61% $5,000
State Bank of India – Chicago 1.61% $2,500
Pacific National Bank  1.60% $1,000
Popular Direct 1.60% $10,000
First Internet Bank of Indiana 1.57% $1,000
BAC Florida Bank 1.52% $1,500
Amboy Direct 1.51% $10,000
GS Bank 1.50% $500
BankDirect 1.50% $10,000
Sallie Mae 1.50% $2,500
Live Oak Bank 1.40% $2,500
Synchrony Bank 1.40% $2,000
Colorado Federal Savings Bank 1.35% $5,000
Ally Bank 1.35% None
CIT Bank 1.32% $1,000


How to earn more with local deals

We track more than nationally available returns here.

That’s because the very best CD rates often come from community banks and credit unions that only accept savers who live or work nearby or are willing to jump through a hoop to become a member.

In the 12-month term, the two local offers below outearn or nearly match the leading nationally available 1.65% APY.

Top Local 1-Year CDs


Bank State APY Min Deposit
Peoples Transport Federal Credit Union New Jersey 1.69% $500
North Platte Union Pacific Employees Credit Union Nebraska 1.51% $10,000


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