bank rates credit cards insurance finance calculators

CD Rates Roundup For June 7, 2013

Bringing you the very best CD rates from credit unions and local banks.

The yield on 10-year Treasuries has risen from 1.66% to 2.16% since the first of May.

Unfortunately, certificates of deposit have not followed suit.

The past five weeks have been particularly difficult ones for savers looking for higher CD rates.

Ten of the top deals on our list of highest CD rates were cut over the past week alone.

Three deals from credit unions fell off the list completely after:

  • HeritageWest Credit Union cut its 60-month rate from 2.02% APY to 1.36% APY.
  • Space City Credit Union cut its 36-month rate from 1.51% APY to 1.01% APY.
  • Dupaco Community Credit Union cut its 35-month rate from 1.51% APY to 1.41% APY.

A bunch of offers on 60-month CDs were reduced:

  • Mountain America Credit Union went from 2.00% APY to 1.85 APY.
  • Security First Credit Union went from 2.33% APY with a $1,000 to $5,000 minimum deposit to just 1.97% APY; bigger 5-year CDs went from 2.43% APY to 2.07% APY.
  • Space City Credit Union went from 2.02% APY to 1.76 APY.
  • Dupaco Community Credit Union went from 2.01% APY to 1.91% APY.
  • Arizona Federal Credit Union went from 2.00% APY to 1.75% APY.
  • F&A Credit Union went from 1.92% APY to 1.76% APY.
  • GPO Federal Credit Union went from 1.85 to 1.75.

There were only two additions.

  • HomeBanc’s 4-month special for Florida savers pays 1.30% APY with a $10,000 minimum deposit.
  • Stanford Federal Credit Union’s 60-month CD now pays 2.01% APY with a $100,000 minimum deposit; 1.96% APY with a $50,000 deposit; 1.91% APY with a $25,000 deposit; and 1.86% APY with at least a $1,000 deposit./li>

You’ll find the top-paying deals clearly marked on our highest CD rates page, showing where they are available, with a quick link back to the original post, which includes more information on the institution and its requirements.

We’ll update this page weekly, so you’ll always know what great deals are out there from credit unions and local banks.

Don't miss out on the next bank deal. Get the newest deals delivered straight to your inbox!

Comments (0)
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading ... Loading ...
No Existing Comments

Comments are closed.