bank rates

CD Rates Leaderboard For September 14

We haven’t even reached the middle of the month and four of our top six CD rates have already fallen.

Two did so today.

iGObanking and Sallie Mae Bank cut what had been the leading 3-month and 12-month CD rates and been replaced on the Leaderboard by other banks offering lower returns.

The best nationally available CD rates are now:

3-Month CDs ISN Bank 1.01% APY $10,000
6-Month CDs NewDominion Bank 1.20% APY $3,000
12-Month CDs NewDominion Bank 1.51% APY $3,000
Melrose Credit Union 1.51% APY $5,000
24-Month CDs NewDominion Bank 1.85% APY $3,000
36-Month CDs Danversbank 2.50% APY $500
60-Month CDs Melrose Credit Union 3.03% APY $5,000

All of these banks accept online applications from customers in all 50 states.

(We include Melrose in our rankings because it has a unique charter that allows anyone to join, regardless of where they live or work.)

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

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Comments (6)
1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 4.00 out of 5)
6 Existing Comments
  1. Mary said:
    on September 14th at 04:51 pm

    I lost so much money last month now I am trolling the net looking for help before I go nuts

  2. Rebecca said:
    on September 14th at 07:46 pm

    Don’t despair, Mary. Buy a CD — even though the rates are miserable compared to a few years ago, at least you’d be making some money on what you have.

  3. JackT said:
    on September 14th at 07:53 pm

    Pretty pathetic that these banks are paying these skimpy rates at a time when we are all running scared and trying to sock away as much cash as possible.

  4. CrankySaver said:
    on September 15th at 09:33 am

    NewDominion cut it’s CD rates this morning and will drop off the next Leaderboard. We hope to have an updated Leaderboard posted in a couple of hours.

  5. bob said:
    on September 20th at 08:51 am

    this is just really pointless if you think about it no one is gonna read this stuff now or ten years from now

  6. angel said:
    on September 20th at 08:53 am

    this is angel and here is what i think of all this …..AGHHHGGHHGHGHGHGHGGHGHGHGHGHGG