Only a couple of hours after we posted yesterday’s rundown of the best nationally available CD rates, one of our top returns was whacked.
NewDominion Bank reduced the rate on its 24-month certificate of deposit from 1.95% APY to 1.85% APY — although that’s still good enough to keep the North Carolina bank on the leaderboard.
| TERM | BANK | RATE | MIN. DEPOSIT |
|---|---|---|---|
| 3-Month CDs | iGoBanking | 1.35% APY | $500 |
| 6-Month CDs | NewDominion Bank | 1.25% APY | $3,000 |
| TriState Capital Direct | 1.25% APY | $50,000 | |
| 12-Month CDs | Sallie Mae Bank | 1.55% APY | None |
| 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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CD (Certificate of Deposit) Rates