bank rates

CD Rates Leaderboard For December 27

We’re starting the final week of the year with a new leader in 24-month CD rates.

OneWest Bank, which has 82 branches in Southern California, reduced its return from 1.70% APY to 1.60% APY today.

That allowed Melrose Credit Union to move back into its familiar spot at the top of the 2-year CD rates, paying 1.66% APY.

The unusual New York credit union is back to holding (or at least sharing) the lead in four of the six rates we track.

Here’s what the best CDs are paying right now:

TERM BANK RATE MIN. DEPOSIT
3-Month CDs Sanibel Captiva 0.95% APY $1,000
6-Month CDs Aurora Bank 1.11% APY $1,000
Bank of Internet 1.11% APY $1,000
Ascencia 1.11% APY $1,000
12-Month CDs Melrose Credit Union 1.41% APY $5,000
Bank of Internet 1.41% APY $1,000
24-Month CDs Melrose Credit Union 1.66% APY $1,000
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 continues to be 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.)

Sanibel Captiva refers to Sanibel Captiva Community Bank, which has three branches in southwest Florida.

Ascencia is an online division of PBI Bank based in Louisville, Ky. Bank of Internet is an online bank based in San Diego, while Aurora Bank has branches in Wilmington, Del., and Jersey City, N.J.

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. DealMaven said:
    on December 28th at 10:03 am

    No changes today, and we suspect there won’t be many for the remainder of the week. But we’ll keep checking and let you know.

  2. Savings Interest said:
    on December 29th at 05:24 am

    Five of the six best nationally available CD rates are lower now, than they were in early November.More than a week into the new month and the best nationally available CD rates are holding their own.
    —————–
    James Hood

  3. Deal Maven said:
    on December 29th at 11:00 am

    Aurora Bank cut its 1.11% APY on the 6-month CD to 1.10% APY. That move took it out of the three-way tie for first place and put it in a two-way tie for second.

    And just so you know, the difference in the two yields on the six-month term is about 4 cents.

    The other leaders held their rates steady.