bank rates

The CD Rates Leaderboard For August 26

There are three new leaders in today’s rankings because Melrose Credit Union cut its rates.

Melrose held first place in 12-, 24-, 36- and 60-month CD rates for almost two months and we congratulate them on a great run.

But here’s where to find the top nationally available CD rates now:

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 and from TriState Capital Direct, with a minimum deposit of $50,000.

12-month CD: 1.55% APY from Sallie Mae Bank with no minimum deposit required.

24-month CD: 2.00% APY from NewDominion Bank with a $3,000 minimum deposit.

36-month CD: 2.52% APY from Danversbank with a $500 minimum deposit.

60-month CD: 3.03% APY from Melrose Credit Union with a $5,000 minimum deposit.

Most credit unions have membership requirements that don’t make it possible for everyone 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 27th at 10:11 am

    After all the lead changes yesterday, we were curious to see what would happen today.

    After a thorough rate check early this morning, we found the new rates held steady going into the weekend.

  2. DealMaven said:
    on August 30th at 09:51 am

    Nothing changed on The CD Rates Leaderboard for August 26 over the weekend.

    We checked first thing this morning.