bank rates

Highest CD Rates Roundup For June 22

Bringing you the very best CD rates from credit unions and local banks.It’s been a particularly active week for the best nationally available bank certificates of deposit.

There have been three rate increases at the top of our CD Rates Leaderboard.

The latest change happened today when the Jacksonville, Fla.-based EverBank raised its 3-month CD rate by two-tenths of a percentage point.

It now pays 0.66% APY with a $1,500 minimum deposit. That’s the highest yield on a CD in this term available to savers everywhere.

We also saw rate increases at the top of the 6- and 60-month terms.

The week was much less active for credit union and local bank CDs on our list of the highest CD rates.

Melrose Credit Union still offers the best nationally available credit union CDs. And, unlike last week, our top local 5-year deals didn’t get clobbered.

The best local deal on 60-month CDs we’ve found pays 2.52% APY.

There were, however, three rate cuts among the credit unions and local banks we’re following.

Crescent Bank & Trust in Louisiana cut its 5-year deal by half of a percentage point. It still pays 2% and remains on our list.

Two other credit unions cut their rates enough to warrant removal from our list.

Workers’ Credit Union, with accounts available in Massachusetts and New Hampshire, ended its 54-month special CD promotion.

And CBC Federal Credit Union in California cut its 60-month CD rates to 1.90% APY. That’s now less than the top nationally available bank deal.

You’ll find all 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 that you’ll always know what great deals are out there from credit unions and local banks.

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  1. Kathy at Bankaholic said:
    on July 16th at 07:55 am

    EverBank’s 0.66% 3-month rate is still available.