bank rates

The CD Rates Leaderboard For August 9

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

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 (4)
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4 Existing Comments
  1. DealMaven said:
    on August 10th at 09:34 am

    There were no changes in The CD Rates Leaderboard For August 9 today. Melrose Credit Union still holds the lead in four categories, while iGObanking and Newdominion Bank remain on top of the short-term CD rankings.

  2. DealMaven said:
    on August 11th at 10:13 am

    Once again The CD Rates Leaderboard for August 9 was unchanged. And there won’t likely be any big changes until Melrose CU drops its rates. This New York credit union has huge leads in the 12-month and 60-month rankings. But it could be overtaken in the 24- and 36- month categories, due to a slim two basis point lead in each of those rates.

  3. Jen Stryker said:
    on August 11th at 01:04 pm

    There are lots of new posts you’ll want to see on our Personal Finance blog. You can always reach it by clicking on the “Finance” tab at the top of every page.

  4. DealMaven said:
    on August 12th at 09:42 am

    The CD Rates Leaderboard For August 9 is still good. An early morning survey found rates unchanged today.