bank rates

CD Rates Leaderboard For April 19, 2011

Aurora Bank is at it again.

The former Lehman Brothers Bank has dropped CD rates on a number of the terms it offers by one-hundredth of a percentage point — or a single basis point.

This reminds us of the craziness of two months ago when Aurora changed its rates twice in eight days – first up 0.01%, then down 0.01%.

Today’s change is enough to drop Aurora into a tie at the top of our CD Rates Leaderboard for the best nationally available 6-month certificates of deposit.

Aurora, Ascencia and Nexity Bank are all offering 6-month CDs at 1.07% APY.

Here’s where to find all of the top CD rates:

TERM BANK RATE MIN. DEPOSIT
3-Month CDs California First 0.80% APY $5,000
6-Month CDs Ascencia 1.07% APY $500
Aurora Bank 1.07% APY $1,000
Nexity Bank 1.07% APY $1,000
12-Month CDs Melrose Credit Union 1.41% APY $5,000
24-Month CDs Melrose Credit Union 1.66% APY $5,000
36-Month CDs Melrose Credit Union 2.17% APY $5,000
60-Month CDs Melrose Credit Union 2.93% APY $5,000


Banks and credit unions qualify for our rankings by selling their certificates of deposit online or through the mail to savers nationwide.

Melrose is one of the few credit unions eligible for our rankings because its unique charter allows anyone to join for only $1, regardless of where they live or work. (You will also be required to hold at least $25 in a savings account.)

The banks on today’s Leaderboard are:

  • California First National Bank, an online bank based in Irvine, Calif.
  • Ascencia, the online division of PBI Bank in Louisville, Ky.
  • Aurora Bank, which is based in Wilmington, Del., and has a branch in Jersey City, N.J.
  • Nexity Bank, an online bank based in Birmingham, Ala.

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

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Comments (3)
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3 Existing Comments
  1. jake said:
    on April 19th at 08:49 pm

    15 months since my last visit to this website. I’m now certifiably depressed. Not because of the website itself, but that the website has been reduced to tracking CD “leaders” offerings 1.07%, and excitement is over a bank going up or down .01%. (*big sigh*)

  2. Lightrider said:
    on April 20th at 12:10 am

    Yeah, hold me back. Excitement is killin’ me!!

  3. Kathy at Bankaholic said:
    on April 22nd at 09:25 am

    CalFirst’s 3-month rate has dropped to 0.50% as of April 22, 2011.