bank rates

Best 5-Year CD Rates Hold Steady

The top nationally available deal pays 1.95% APY.If you’re looking for 60-month CD rates north of 2% APY, you’re going to have to search beyond the CD Rates Leaderboard.

The top 60-month CD rate has been stuck at 1.95% APY since the beginning of January.

Better deals are definitely out there. We find them all the time, mostly at local banks and credit unions.

We’ve started listing the highest CD rates we find, to save you the trouble of having to hunt for them, too.

(Of course, if you find one that we haven’t, feel free to let us know.)

If you’re content with 1.95% APY, head to KeySource Commercial Bank (, which 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.

Other 60-month CD rates we’re tracking for the CD Rates Leaderboard:

Jacksonville Bank (, which has five locations in northeast Florida and requires a $1,000 minimum deposit, pays 1.90% APY.

Broadway Federal Bank (, which has three branches in Los Angeles and Inglewood, Calif., pays 1.87% APY and requires a $500 minimum deposit.

National Republic Bank of Chicago (, which has two branches in Chicago, pays 1.81% APY and requires a $1,000 minimum deposit.

Intervest National Bank (, which has a single branch in New York City and six branches in Florida, pays 1.77% APY requires a $2,500 minimum deposit.

The average annual yield large banks and thrifts are offering for the 60-month term is currently 1.14%.

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. Mike Cetera said:
    on April 17th at 09:45 am

    KeySource Commercial Bank has cut its 60-month CD rates from 1.95% APY to 1.85% APY. There’s a new term leader: Jacksonville Bank pays 1.90% APY.