bank rates

CD Rates Leaderboard For November 13

A three-branch bank on Florida’s gulf coast is the first new edition to our Leaderboard in almost three weeks.

Sanibel Captiva Community Bank is now offering the best nationally available 3-month CD rates by paying 0.95% –almost a tenth of a point more than Nexity Bank, the previous leader.

Melrose Credit Union continues to hog top billing, offering three of our top six rates.

Click here to learn more about how this small New York credit union has become a national powerhouse when it comes to CD rates.

3-Month CDs Sanibel Captiva 0.95% APY $1,000
6-Month CDs Bank of Internet 1.15% APY $1,000
12-Month CDs Melrose Credit Union 1.51% APY $5,000
24-Month CDs iGObanking 2.00% APY $1,000
36-Month CDs Melrose Credit Union 2.27% APY $5,000
60-Month CDs Melrose Credit Union 3.03% APY $5,000

The links in the Leaderboard are to our most recent, complete rankings for those terms. While all rates are valid on the day the rankings were posted some may have changed since then.

These banks and credit unions qualify for our rankings by imposing no restrictions on who can buy their CDs. With the exception of Sanibel Captiva Community Bank, which requires a mail-in applications, all the other banks take applications over the Internet.

Melrose is one of the few credit unions in 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.)

You can find the application online, but you must print it and mail it in with the required documentation. Once you’ve become a member you can request an application to purchase a CD by phoning or emailing the credit union.

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

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Comments (3)
1 Star2 Stars3 Stars4 Stars5 Stars (6 votes, average: 5.00 out of 5)
3 Existing Comments
  1. DealMaven said:
    on November 15th at 09:52 am

    There were no rates changes over the weekend. We checked first thing this morning.

  2. Bankrate said:
    on November 16th at 11:38 am

    Top rates on the CD Rates Leaderboard for Nov. 13 didn’t change overnight. We’ll check again tomorrow.

  3. DealMaven said:
    on November 17th at 12:30 pm

    While a few CD rates fell today, the rates at the top the CD Rates Leaderboard held steady.