bank rates

Top 6-Month CDs End 2013 Unchanged

Folded $20 billSix-month CD rates spent most of 2013 struggling to get back to where they began the year.

In November, they succeeded.

Unfortunately, that “success” amounts to slightly more than a hill of beans – an unimpressive 0.90% APY is the top nationally available 6-month offer on our CD Rates Leaderboard at year’s end.

The average annual yield offered by big banks and thrifts fared no better. It hit a record low of 0.14% in September and has yet to rebound.

Top and Average 6-Month CD Rates

Two banks offer that 0.90% APY:

CapitalSource Bank (, the Los Angeles-based lender to small and middle-market business, which has 21 branches in central and Southern California, requires a $10,000 minimum deposit.

Pacific Mercantile Bank (, which has seven branches in Southern California, requires a $10,000 minimum deposit.

Doral Bank Direct (, the online bank of Doral Bank, the leading community bank in Puerto Rico, which also has five branches in northwest Florida and two in New York City, pays 0.87% APY and requires a $500 minimum deposit.

EH National Bank (, which has a single branch in Beverly Hills, Calif., pays 0.85% APY with a $10,000 minimum deposit.

AloStar Bank of Commerce (, which is an online bank based in Birmingham, Ala., formerly known as Nexity Bank, pays 0.75% APY and requires a $1,000 minimum deposit.

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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