bank rates

9 Banks Pay At Least 1.80% On 5-Year CDs

The top nationally available 60-month CD rates pay 1.95% APY.In just a little over a month, the top 60-month CD rates have dropped a quarter of a percentage point — to below 2%.

(Remember the days when we yearned for 3%? Who thought we’d end up here.)

The most you can now earn on a nationally available 60-month CD is 1.95% APY.

KeySource Commercial Bank owns that rate, and leads the term on our CD Rates Leaderboard.

KeySource Commercial Bank ( has a single branch in Durham, N.C., and requires a $100 minimum deposit for CDs purchased in person, over the phone or through the mail, and a $5,000 minimum deposit for CDs purchased online.

That’s the only rate left above 1.90% APY.

Two banks pay 1.87% APY:

Broadway Federal Bank (, which has three branches in Los Angeles and Inglewood, Calif., and requires a $500 minimum deposit.

National Republic Bank of Chicago (, which has two branches in Chicago and requires a $1,000 minimum deposit.

One bank offer 1.85% APY:

Stonebridge Bank (, which has four branches in suburban Philadelphia, requires a $500 minimum deposit.

And five banks offer 1.80% APY:

EverBank (, a predominantly online bank based in Jacksonville, Fla., requires a $1,500 minimum deposit.

Intervest National Bank (, which has a single branch in New York City and six branches in Florida, requires a $2,500 minimum deposit.

Jacksonville Bank, (, which has five locations in northeast Florida, requires a $1,000 minimum deposit.

Nationwide Bank (, an online bank owned by Nationwide Mutual Insurance Company and its affiliates, has no minimum deposit.

USAA (, a diversified financial company based in San Antonio, requires a $1,000 minimum deposit.

The average annual yield large big banks and thrifts are offering for the 60-month term is 1.16% this week.

These 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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Comments (1)
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One Existing Comment
  1. Kathy at Bankaholic said:
    on February 21st at 07:32 am

    Four of these banks have dropped their 60-month rates:
    Stonebridge, to 1.65%.
    Everbank, to 1.75%.
    Nationwide, to 1.75%.
    USAA, to 1.71%.