What’s going on with 24-month CD rates? This is the third time in the past six days that we’ve had to re-do our rankings of the best deals that are available nationwide.
August has seen a lot of CD rates slide, but the2-years have been hit the hardest. Only one rate available last Thursday is [...]

All of the banks are back from our last Leaderboard, but NewDominion Bank lowered its return on 24-month CDs this morning.
The rates on 2-year certificates of deposit have been particularly volatile over the past couple of weeks.
We’ve had to revise our rankings three times since Aug. 26, and we’ll update it for you again tomorrow [...]

The same banks have led our rankings of the best 5-year CD rates all summer.

Unfortunately, the rates they’re offering today are not as good as the rates they were paying back in June.
Melrose Credit Union, which has a single office in Queens, N.Y., grabbed the lead in mid-June by paying what now seems [...]

Danversbank is in sole possession of first place at the top of our rankings of the best 36-month CD rates.
This Massachusetts bank, with more than 30 branches in the Boston area, pays 2.50% APY with a very affordable $500 minimum deposit.
It moved into the lead when Melrose Credit Union cut is return from 2.52% [...]

Massena Savings and Loan has a truly special rate on 36-month CDs for savers in upstate New York.
It’s paying 3.18% APY with a modest $1,000 minimum deposit.
That’s not only more than you can earn with the best nationally available 3-year certificates of deposit, it’s more than you can make with the best nationally available [...]

NewDominion Bank is the only one still paying 2.00% APY in our rankings of the best 24-month CD rates.

The bank, which has offices in Charlotte and Mooresville, N.C., requires a $3,000 minimum deposit to earn that rate.
Melrose Credit Union, which had offered the best return of 2.02% APY on 2-year certificates of deposit, cut [...]

1st New Mexico Bank has one of the best 12-month CD rates available anywhere for savers living in the southwest corner of the state.

It’s paying 1.87% APY with a minimum deposit of just $1,000.
That’s more than the 1.55% APY you can earn with the best nationally available 12-month CD rates.
As with many local deals, you [...]

For the first time ever, Sallie Mae Bank has landed at the top of one of our rankings of the best CD rates.
The online bank owned by the big student lender has paid 1.55% with no minimum deposit on 12-month CDs ever since it began offering them this spring.
Although that was always a good rate, [...]

CD rates fell for the 22nd straight month in August.
The average return on all five of the certificates of deposit we track will finish the month at record lows.
Every new sign the recovery is stalling makes it more likely that the Federal Reserve will hold interest rates at these punishing levels for the rest [...]