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CD Rates Leaderboard For Jan. 8, 2013

This is a great page to bookmark so you can always find the best nationally available deals on the most popular CD rates.Hold on to your hat — we have a new lead CD rate for the 60-month term, and it’s a full quarter of a percentage point higher than the former leader pays.

(And here you probably thought the BCS championship game was a sound beating.)

The new top nationally available 60-month CD rate has topped the elusive 2% threshold — and now stands at 2.05% APY.

That rate is thanks to CSBdirect.com (www.csbdirect.com), the online division of Florida-based Citizens State Bank, which debuts on our CD Rates Leaderboard today.

What a nice way to begin 2013.

The last time we saw a rate that high was way back in 2011.

CSBdirect.com requires a $1,000 minimum deposit, and allows savers to buy its certificates of deposit easily online.

(It offers jumbo rates for deposits over $100,000 for all terms except the 60 month.)

Although the header on the home page is for Citizens State Bank, selecting “open an account” on the left will take you to the CSBdirect portal.

And if a new lead rate wasn’t enough, we also have a new No. 2 rate for the 60-month term.

Texas-based Green Bank (www.greenbank.com), another newcomer, which has an eco-friendly mission, pays 1.95% APY with a $1,000 minimum deposit. It also sells its CDs to savers nationally online.

We’re tracking CD rates from both CSBdirect.com and Green Bank for other terms, too. Fingers crossed that we’ll see them take over other lead spots in the future.

Two banks continue to pay the previous lead rate of 1.80% APY:

CIT Bank (www.bankoncit.com), the online consumer bank of CIT Group Inc., which offers financing to small businesses and middle market companies, requires a $1,000 deposit.

Nationwide Bank (www.nationwide.com), which is an online bank owned by Nationwide Mutual Insurance Company and its affiliates, requires a $500 minimum deposit.

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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