bank rates

6-Month CDs: At Least They’re Consistent

$20 bill, calculator and a rate chart in one pictureIt’s not often that a term shows zero movement – either at the top or among the lower rates we track daily – in between our monthly reviews. But 6-month CD rates have done just that.

Really, it’s a dubious honor.

The top nationally available 6-month CD rate remains 0.90% APY on our CD Rates Leaderboard.

It’s held at that rate since November 2013 – and really it’s been hovering near that point for more than a year.

And after a brief increase, the average annual yield offered by big banks and thrifts is back to the record-low 0.14% the term first hit in September 2013.

chart showing top and average 6-month cd rates

At least two banks continue to offer that 0.90% APY:

CapitalSource Bank (, a Los Angeles-based lender to small and middle-market business, which has 21 branches in central and southern California, requires a $10,000 minimum deposit.

Pacific Mercantile Bank (, which is a community bank with seven branches in southern California, requires a $10,000 minimum deposit.

Doral Bank Direct (, the online bank of Doral Bank, the leading community bank in Puerto Rico, which also has five branches in northwest Florida and two in New York City, pays 0.87% APY and requires a $500 minimum deposit.

EH National Bank (, which has a single branch in Beverly Hills, Calif., pays 0.85% APY with a $10,000 minimum deposit.

AloStar Bank of Commerce (, which is an online bank based in Birmingham, Ala., pays 0.75% APY and requires a $1,000 minimum deposit.

Banks qualify for our rankings by imposing no restrictions on who can buy their certificates of deposit, either online or through the mail.

Compare these returns with the best CD rates from scores of banks in our extensive database.

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