bank rates

CD Rates Leaderboard For Oct. 30, 2013

Today, we welcome a new bank to the CD Rates Leaderboard. Well, new to our rankings anyway.

CapitalSource Bank was founded in 2000 and primarily serves as a lender to small and middle-market businesses. But it also has 21 retail branches in southern and central California, including Fresno, Pasadena and Los Angeles, where the bank is based.

CapitalSource receives 5 stars on the Safe & Sound Rating System at

It offers certificates of deposit, money market accounts and savings accounts nationwide through its website (

While most of its standard CD terms rate just OK, it also offers promotional CDs, one of which tops all other nationally available offers for its term. (Its money market and savings account rates are not competitive.)

With a $10,000 minimum deposit, CapitalSource pays 0.90% APY on 6-month CDs. That’s slightly better than the 0.87% offer from Doral Bank Direct.

This new top deal means the best 6-month CDs finally have climbed back to the rate at which they began 2013. It’s also the first change in the top rate we’ve seen since Aug. 13.

You can open this CD online, and we confirmed with the bank this morning that anyone can do so.

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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  1. Bob Murray said:
    on October 30th at 01:30 pm