bank rates

Highest CD Rates Roundup For June 13

Bringing you the very best CD rates from credit unions and local banks.Nationally available bank certificates of deposit didn’t get very high marks on our midyear report card.

Good thing the deals on our list of the highest CD rates from credit unions and local banks are considerably better.

We even added a 3% CD rate this week.

That offer is one of two new deals we added to our list:

  • Beach Community Bank in Florida (www.beachcommunitybank.com) pays 1.49% APY on 36-month CDs and 1.30% APY on 24-month CDs with a $5,000 minimum deposit. This offer is available to residents of Okaloosa, Santa Rosa, Escambia and Walton counties on Florida’s Panhandle.
  • Greater Nevada Credit Union (www.gncu.org) pays 3.00% APY on 48-month CDs, 2.50% APY on 36-month CDs, 2.00% APY on 24-month CDs and 1.50% APY on 18-month CDs all with a $1,000 minimum deposit. Credit union membership is open to residents of the northern Nevada counties of Carson City, Churchill, Douglas, Elko, Eureka, Humboldt, Lander, Lyon, Pershing, Storey, Washoe and White Pine.

There were a number of rate changes this week among our existing deals, but just one rate increase.

Doral Bank in New York and Florida boosted its 36-month CD rate to 1.67% APY from 1.60% APY and its 12-month CD rate to 1.25% APY from 1.20% APY.

Northrop Grumman Federal Credit Union in California cut its 24-month CD rate to 1.31% APY from 1.33% APY, but it still remains on our list.

However, we removed from our list CDs from these three institutions:

USAlliance Federal Credit Union and Quorum Federal Credit Union ended their 13-month CD promotions.

And First Community National Bank ended its 59-month CD special and its 39-month CD special.

We’ll update our page listing the highest CD rates weekly, so you’ll always know what great deals are out there from credit unions and local banks.

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