After last week’s excitement, we were probably due a bit of a break.
We didn’t see very many rate changes this week. In fact, the only one of note was a slight (one one-hundredth of a percentage point) rate cut from EverBank on 36-month CDs.
It’s notable only because it throws EverBank into a four-way tie for the best nationally available bank offer on our CD Rates Leaderboard with Nationwide Bank, Sallie Mae Bank and State Farm Bank.
All four pay 1.45% APY.
This week, we added four deals to our list of the highest CD rates from credit unions and local banks:
- Avon Co-operative Bank in Massachusetts pays 1.61% APY on 30-month CDs with a $1,000 minimum deposit. CDs must be purchased at this bank’s single branch in Avon.
- First Peoples Community Federal Credit Union in Maryland pays 1.60% APY on 30-month CDs with a $5,000 minimum deposit. You must be a resident of Somerset County, Pennsylvania, to be eligible to purchase this certificate. A checking account with direct deposit also is required.
- MidFirst Direct pays 3.00% APY on 10-year CDs and 2.75% APY on 7-year CDs with a $1,000 minimum deposit. This online division of MidFirst Bank in Oklahoma City offers CDs to residents of Arkansas, Arizona, California, Florida, Missouri, Nevada, New Hampshire, New York, Oklahoma, Texas or Wyoming.
- TLC Community Credit Union in Michigan pays 2.02% APy on 50-month CDs and 1.76% APY on 30-month CDs with a $1,000 minimum deposit. Credit union membership is open to residents of Lenawee, Hillsdale, Jackson, Washtenaw or Monroe counties.
We also brought back USAlliance Credit Unionto our list after it reinstated its 13-month special at 1.30% APY with a $500 minimum deposit. Anyone can join this credit union.
There was just one other change to existing deals on our list.
Third Federal Savings & Loan in Ohio made yet another cut to its 49-month CD, which now pays 1.45% APY.
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.