bank rates

Top 6-Month CD Rates Are Still Falling

Best nationally available CD pays 0.88% APY.Sad news for short-term savers: 6-month CD rates have continued their downward spiral.

How bad is it?

The term’s top rate is now just 0.88% APY on our CD Rates Leaderboard. Goldwater Bank ( owns that rate.

Goldwater Bank, which has a single location in Scottsdale, Ariz., requires a $5,000 minimum deposit.

Four banks are offering the second highest rate of 0.85% APY:

Ascencia (, the online division of PBI Bank in Louisville, Ky., which requires a $500 minimum deposit.

OneWest Bank (, which has 82 branches in southern California and requires a $1,000 minimum deposit.

Stonebridge Bank (, which has four branches in suburban Philadelphia and requires a $500 minimum deposit.

Virtual Bank (, the online division of Lydian Private Bank, based in Palm Beach, Fla., requires a $10,000 minimum deposit.

The next highest rate is just 0.76% APY, from AloStar Bank of Commerce (, an online bank based in Birmingham, Ala., formerly known as Nexity Bank. It requires a $1,000 minimum deposit.


Large banks and thrifts are offering an annual average yield of 0.22% for 6-month CDs this week.

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.

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Comments (2)
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2 Existing Comments
  1. MaryS45 said:
    on November 30th at 09:15 am

    How can we ever pull out of the economic doldrums if there are no incentives for the average person to make money as well as to spend it?

  2. busted said:
    on December 1st at 10:45 am

    Rates can’t get much lower. Pretty soon we’ll be paying them.