bank rates

Steady As She Goes With 3-Year CD Rates

Top rate has slipped just a tenth of a percentage point in the last month.The good news is that 36-month CD rates have only changed by a tenth of a percentage point since the last recap of this term in mid-September.

The bad news is that the change was down, not up.

Still, we have some stability in this term, which seems to be the most we can ask for at this point.

Leader Doral Bank Direct ( has held its rate of 1.65% APY since Aug. 18.

Knock on wood.

The online bank of Doral Bank, the leading community bank in Puerto Rico, requires a $1,000 minimum deposit.

The second best 36-month CD rates belong to former leader AmTrust Direct ( The online division of Cleveland-based AmTrust Bank, a division of New York Community Bank, now offers 1.55% APY with a $1,000 minimum deposit.

Quaint Oak Bank ( also pays 1.55% — a far cry from the 2.25% APY it debuted on the CD Rates Leaderboard with in this term back in April. The suburban Philadelphia bank with one location requires a $500 minimum deposit.

Next in line is recent newcomer CIT Bank (, the online consumer bank of CIT Group, Inc., which offers financing to small businesses and middle market companies. It’s paying 1.54% APY with a $1,000 deposit.

Finally, Goldwater Bank (, which has a single location in Scottsdale, Ariz., is paying 1.52% APY and requires a $5,000 minimum deposit.

Large banks and thrifts are offering an average annual yield of 0.71% APY for 36-month CDs.

These banks qualify for our rankings by imposing no restrictions on who can buy their certificates of deposit, either online or through the mail.

Compare these returns with the best CD rates from scores of banks in our extensive database.

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

Comments (4)
1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 4.67 out of 5)
4 Existing Comments
  1. Kathy at Bankaholic said:
    on November 9th at 07:14 am

    These rates are all still available.

  2. Kathy at Bankaholic said:
    on November 21st at 09:00 am

    Goldwater Bank has cut its 3-year rate a hair, to 1.51% APY.

  3. Kathy at Bankaholic said:
    on November 28th at 09:30 am

    Goldwater’s rate slips again, to 1.50% APY.

  4. Kathy at Bankaholic said:
    on December 5th at 09:07 am

    You can still get these rates (with the exception of the lower Goldwater rate, as noted).