bank rates

The CD Rates Leaderboard For August 13

Here’s where to find the best nationally available deals on 3-month to 5-year certificates of deposit.

To check the complete rankings, just click on the term you’re interested in. And read the comments, as there have been a couple of late rate changes.

3-month CD: 1.35% APY from iGObanking with a $500 minimum deposit.

6-month CD: 1.25% APY from NewDominion Bank with a $3,000 minimum deposit.

12-month CD: 1.76% APY from Melrose Credit Union with a minimum deposit of $5,000.

24-month CD: 2.02% APY from Melrose Credit Union with a minimum deposit of $5,000.

36-month CD: 2.52% APY from Melrose Credit Union with a $5,000 minimum deposit.

60-month CD:
3.29% APY from Melrose Credit Union with a $5,000 minimum deposit.

Most credit unions have membership requirements that don’t make it possible for anyone to join — and that disqualifies them from our rankings.

But Melrose has a unique open charter that allows all U.S. residents to join, regardless of where they live or work, and it only costs $1 to sign up.

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

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Comments (2)
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2 Existing Comments
  1. DealMaven said:
    on August 13th at 03:39 pm

    Today’s post on the Personal Finance blog explores the possibility of “A Tax Deduction For Interest Income?”.You can always reach it by clicking on the “Finance” tab at the top of every page.

  2. 2nd Chance Banks said:
    on August 14th at 06:40 am

    Bankaholic is the 1st resource I go to for information on interest banking. Keep up the good work. This site gives great info.