CD Rates
CD Rates Effective October 10, 2021
Today's Best Bank CD Rates
Compare bank CD rates from across the United States including high yield savings accounts, CD rates, money market accounts, and fixed annuity rates. Our mission to allow you to find the best-fixed rate high-yield savings account to grow your money in an easy convenient way.
Best CD Rates - October 10th, 2021
| Bank / Credit Union | 3 Month | 6 Month | 1 Year | 2 Year | 5 Year |
|---|---|---|---|---|---|
| 5Point Credit Union | 0.15% | 0.25% | 0.45% | 0.65% | 1.00% |
| Navy Federal Credit Union | 0.40% | 0.45% | 0.55% | 0.55% | 0.90% |
| A+ Federal Credit Union | 0.25% | 0.35% | 0.50% | 0.80% | |
| AAA | 0.20% | 0.35% | 0.55% | 0.65% | 0.85% |
| Abound Credit Union | 0.25% | 0.50% | 0.60% | 0.85% | 1.35% |
| Accessbank TX | 0.10% | 0.20% | 0.25% | 0.40% | 0.70% |
| Achieva Credit Union | 0.20% | 0.30% | 0.40% | 0.80% | |
| Advia Credit Union | 0.15% | 0.20% | 0.35% | 0.45% | 1.20% |
| AFFCU | 0.15% | 0.50% | 0.55% | 0.70% | |
| Affinity Plus FCU | 0.30% | 0.35% | 0.55% | 0.75% | 1.25% |
| Alabama Credit Union | 0.40% | 0.55% | 0.70% | 1.06% | |
| Alabama Power Credit Union | 0.50% | 0.75% | 0.75% | 0.80% | 1.26% |
| Alaska Federal Credit Union | 0.15% | 0.25% | 0.40% | 0.40% | 0.70% |
| Alliant Credit Union | 0.55% | 0.55% | 0.65% | ||
| Allin Credit Union | 0.35% | 0.40% | 0.55% | 0.70% | 1.00% |
| Ally Bank | 0.20% | 0.20% | 0.55% | 0.80% | |
| Alma Bank | 0.25% | 0.25% | 0.40% | 0.55% | 0.85% |
| Alpine Bank | 0.05% | 0.25% | 0.40% | 1.10% | |
| Altura Credit Union | 0.25% | 0.30% | 0.40% | 0.50% | 1.00% |
| Amarillo National Bank | 0.30% | 0.30% | 0.30% | 0.70% | 1.00% |
| American Airlines Credit Union | 0.50% | 0.55% | 0.80% | ||
| American Eagle Federal Credit Union | 0.15% | 0.15% | 0.20% | 0.30% | 0.75% |
| American Heritage FCU | 0.20% | 0.30% | 0.40% | 0.60% | 1.00% |
| AmeriCU CU | 0.03% | 0.19% | 0.68% | 0.75% | 0.88% |
| APCI Federal Credit Union | 0.15% | 0.25% | 0.35% | 0.45% | 0.75% |
| APGFCU | 0.25% | 0.35% | 0.50% | 0.90% | |
| Apple Federal Credit Union | 0.35% | 0.45% | 0.55% | 0.70% | |
| Ardent Credit Union | 0.25% | 0.25% | 0.55% | 0.75% | 1.00% |
| Arrowhead Credit Union | 0.25% | 0.30% | 0.45% | 1.30% | |
| Ashland Credit Union | 0.45% | 0.45% | 0.60% | 0.90% | |
| Associated Credit Union | 0.35% | 0.65% | 0.80% | 1.15% | |
| Atlanta Postal Credit Union | 0.35% | 0.40% | 0.65% | 0.80% | 1.10% |
| Baltimore County Employees Federal Credit Union | 0.30% | 0.40% | 0.75% | ||
| Bank of Missouri | 0.16% | 0.26% | 0.36% | 0.43% | 0.66% |
| Bank of Missouri | 0.16% | 0.26% | 0.36% | 0.43% | 0.66% |
| BANKWEST | 0.10% | 0.15% | 0.30% | 40.00% | 0.80% |
| Banterra Bank | 1.76% | 2.16% | 1.81% | ||
| Belco Community Credit Union | 0.10% | 0.15% | 0.30% | 0.45% | 0.75% |
| Bellwether Community Credit Union | 0.25% | 0.30% | 0.50% | 0.80% | |
| Bethpage FCU | 0.40% | 0.40% | 0.45% | 0.50% | 0.75% |
| Bloom Credit Union | 0.10% | 0.25% | 0.50% | 1.00% | |
| Bryn Mawr Trust | 0.05% | 0.10% | 0.15% | 0.20% | 0.75% |
| C-Plant Federal Credit Union | 0.40% | 0.70% | 0.85% | 1.20% | |
| California Coast Credit Union | 0.10% | 0.20% | 0.30% | 0.50% | 1.00% |
| California Credit Union | 0.30% | 0.40% | 0.50% | 0.70% | 1.11% |
| Camden National Bank | 0.15% | 0.15% | 0.25% | 0.60% | 0.80% |
| Canvas Credit Union | 0.15% | 0.30% | 0.45% | 0.80% | |
| Capital City Bank | 0.45% | 0.50% | 0.85% | ||
| Capital Credit Union | 0.15% | 0.45% | 0.65% | 0.80% | 1.15% |
| Capital One | 0.10% | 0.20% | 0.25% | 0.80% | |
| Catholic & Community Credit Union | 0.15% | 0.35% | 0.45% | 0.80% | |
| Centra Credit Union | 0.15% | 0.25% | 0.35% | 0.45% | 0.75% |
| Citadel Credit Union | 0.15% | 0.25% | 0.40% | 0.50% | 0.85% |
| Class Act FCU | 0.20% | 0.30% | 0.40% | 0.50% | 0.80% |
| Coastal Federal Credit Union | 0.60% | 0.60% | 0.60% | 1.25% | |
| Columbia Bank | 0.20% | 0.20% | 0.35% | 0.75% | |
| Commonwealth Credit Union | 0.40% | 0.65% | 0.85% | 1.20% | |
| Community First Credit Union | 0.30% | 0.55% | 0.75% | 0.95% | 1.30% |
| Community National Bank | 0.29% | 0.37% | 0.68% | ||
| CommunityWide FCU | 0.70% | 0.75% | 0.80% | 0.95% | |
| Connexus Credit Union | 0.61% | 0.71% | 1.06% | ||
| Cortrust Bank | 0.05% | 0.15% | 0.20% | 0.30% | 0.75% |
| CorTrust Bank | 0.05% | 0.15% | 0.20% | 0.30% | 0.75% |
| CoVantage Credit Union | 0.25% | 0.25% | 0.60% | 0.70% | 1.10% |
| Credit Union 1 | 0.25% | 0.30% | 0.40% | 0.70% | |
| Credit Union of Denver | 0.05% | 0.30% | 0.40% | 0.60% | 0.95% |
| Cyprus Credit Union | 0.25% | 0.30% | 0.40% | 0.75% | |
| Dacotah Bank | 0.05% | 0.05% | 0.10% | 0.20% | 0.65% |
| Delta Community Credit Union | 0.35% | 0.55% | 0.65% | 1.00% | |
| Diamond Credit Union | 0.15% | 0.25% | 0.50% | 0.65% | 0.90% |
| Eastman Credit Union | 0.30% | 0.45% | 0.65% | 0.70% | 1.10% |
| Educators Credit Union | 0.10% | 0.20% | 0.30% | 0.50% | 0.90% |
| Edward Jones | 0.05% | 0.10% | 0.15% | 0.40% | 1.00% |
| EECU | 0.15% | 0.35% | 0.50% | 0.65% | 0.90% |
| Eglin Federal Credit Union | 0.25% | 0.30% | 0.50% | 0.50% | 0.65% |
| Eldorado Savings Bank | 0.10% | 0.16% | 0.20% | 0.40% | 0.90% |
| ENT Credit Union | 0.19% | 0.21% | 0.29% | 0.37% | 0.84% |
| Erie Federal Credit Union | 0.30% | 0.30% | 0.40% | 0.70% | |
| Evansville Teachers FCU | 0.35% | 0.50% | 0.60% | 0.80% | 1.05% |
| Federal Savings Bank | 0.20% | 0.35% | 0.65% | 0.80% | 1.35% |
| Fidelity Bank & Trust | 0.10% | 0.15% | 0.20% | 0.30% | 0.75% |
| First Community Bank | 0.20% | 0.25% | 0.45% | 0.75% | |
| First Guaranty Bank | 0.15% | 0.30% | 0.40% | 0.55% | 1.00% |
| First Internet Bank | 0.25% | 0.45% | 0.60% | 0.70% | 0.95% |
| First National Bank of America | 0.65% | 0.75% | 1.20% | ||
| First Tech Credit Union | 0.15% | 0.25% | 0.35% | 1.15% | |
| Fort Bragg Federal Credit Union | 0.15% | 0.20% | 0.50% | 0.60% | 0.90% |
| Frankenmuth Credit Union | 0.10% | 0.15% | 0.25% | 0.35% | 0.95% |
| Franklin Mint FCU | 0.15% | 0.45% | 0.55% | 1.00% | |
| Freedom Credit Union | 0.30% | 0.50% | 0.60% | 0.90% | |
| Genisys Credit Union | 0.30% | 0.45% | 0.55% | 1.00% | |
| Georgia United CU | 0.15% | 0.25% | 0.35% | 0.50% | 0.85% |
| Georgias Own Credit Union | 0.35% | 0.65% | 0.80% | 1.10% | |
| Golden 1 | 0.15% | 0.30% | 0.45% | 0.60% | 0.90% |
| GreenState Credit Union | 0.20% | 0.30% | 0.40% | 0.40% | 0.75% |
| GreenWood Credit Union | 0.20% | 0.30% | 0.50% | 0.50% | 0.90% |
| Hiway Credit Union | 0.15% | 0.25% | 0.45% | 0.50% | 0.95% |
| Holy Rosary Credit Union | 0.25% | 0.30% | 0.45% | 1.10% | |
| Honor Credit Union | 0.10% | 0.10% | 0.25% | 0.45% | 0.80% |
| Insight Credit Union | 0.10% | 0.20% | 0.30% | 0.40% | 0.70% |
| Keesler Federal Credit Union | 0.35% | 0.40% | 0.70% | 0.95% | 1.45% |
| L&N Federal Credit Union | 0.30% | 0.40% | 0.50% | 0.70% | 1.05% |
| Lake Michigan Credit Union | 0.15% | 0.15% | 0.30% | 0.40% | 0.85% |
| Landmark Credit Union | 0.20% | 0.30% | 0.40% | 0.60% | 1.00% |
| Langley Federal Credit Union | 0.20% | 0.35% | 0.60% | 0.60% | 0.70% |
| Latino Community CU | 0.25% | 0.40% | 0.50% | 0.65% | |
| LCNB National Bank | 0.15% | 0.40% | 0.95% | ||
| LGE Community Credit Union | 0.36% | 0.37% | 0.57% | 1.16% | |
| Limelight Bank | 0.35% | 0.55% | 0.65% | 0.85% | |
| LiveOak Bank | 0.25% | 0.60% | 0.70% | 0.70% | |
| Lone Star National Bank | 0.20% | 0.25% | 0.30% | 0.41% | 0.71% |
| MAC Federal Credit Union | 0.45% | 0.75% | 0.95% | 1.15% | |
| Marcus by Goldman Sachs | 0.15% | 0.55% | 0.55% | 0.80% | |
| MAX Credit Union | 0.30% | 0.35% | 0.55% | 0.85% | |
| MECU | 0.20% | 0.35% | 0.45% | 1.00% | |
| Members 1st Federal Credit Union | 0.15% | 0.20% | 0.35% | 0.50% | 0.80% |
| Members Credit Union | 0.25% | 0.30% | 0.50% | 0.70% | |
| Members Heritage Credit Union | 0.10% | 0.25% | 0.45% | 0.60% | 1.11% |
| Merck Sharp FCU | 0.15% | 0.30% | 0.50% | 0.65% | 0.90% |
| Metro Credit Union | 0.25% | 0.35% | 0.35% | 0.75% | 1.04% |
| Mid Penn Bank | 0.50% | 0.70% | 0.95% | ||
| Mountain America Credit Union | 0.20% | 0.25% | 0.30% | 0.70% | |
| NASA Federal Credit Union | 0.40% | 0.45% | 0.50% | 1.00% | |
| Navigant Credit Union | 0.20% | 0.40% | 0.90% | ||
| NexBank | 0.35% | 0.45% | 0.60% | 0.75% | 0.75% |
| Oregon Community Credit Union | 0.25% | 0.30% | 0.35% | 0.75% | |
| Park Community Credit Union | 0.30% | 0.30% | 0.35% | 0.70% | |
| Parke Bank | 0.35% | 0.55% | 0.75% | 1.25% | |
| Patriot Federal Credit Union | 0.05% | 0.10% | 0.15% | 0.50% | 0.90% |
| Peach State FCU | 0.25% | 0.50% | 0.65% | 1.10% | |
| Peach State FCU | 0.25% | 0.45% | 0.55% | 1.00% | |
| PENFED Credit Union | 0.40% | 0.60% | 0.65% | 1.10% | |
| Philadelphia Federal Credit Union | 0.10% | 0.25% | 0.40% | 0.50% | 0.85% |
| Police and Fire FCU | 0.30% | 0.35% | 0.50% | 0.70% | 1.00% |
| Popular Bank | 0.15% | 0.35% | 0.80% | ||
| PrimeBank | 0.10% | 0.15% | 0.30% | 0.45% | 0.65% |
| PSECU | 0.20% | 0.25% | 0.45% | 0.55% | 0.80% |
| Redwood Credit Union | 0.30% | 0.45% | 0.65% | 0.95% | |
| Ridgewood Bank | 0.30% | 0.35% | 0.45% | 0.55% | 0.70% |
| Riegelwood Federal Credit Union | 0.10% | 0.20% | 0.35% | 0.70% | |
| RiverFall Credit Union | 0.35% | 0.50% | 0.70% | 1.06% | |
| Robins Financial CU | 0.60% | 0.65% | 0.75% | 0.90% | |
| Safe Credit Union | 0.15% | 0.30% | 0.45% | 0.50% | 1.00% |
| SchoolsFirst Credit Union | 0.20% | 0.30% | 0.45% | 0.60% | 0.95% |
| Security Service Credit Union | 0.20% | 0.35% | 0.45% | 0.90% | |
| Service 1st Credit Union | 0.10% | 0.15% | 0.25% | 0.45% | 0.75% |
| Service Credit Union | 0.40% | 0.45% | 0.50% | 0.60% | 0.85% |
| Sound Credit Union | 0.15% | 0.20% | 0.30% | 0.40% | 0.70% |
| Space Coast Credit Union | 0.15% | 0.40% | 0.50% | 1.00% | |
| Spire Credit Union | 0.10% | 0.25% | 0.40% | 0.50% | 1.05% |
| SRP Credit Union | 0.20% | 0.40% | 1.00% | ||
| State Employee | 0.30% | 0.45% | 0.75% | 1.10% | |
| Sun East FCU | 0.10% | 0.25% | 0.40% | 0.50% | 0.85% |
| Suncoast Credit Union | 0.30% | 0.40% | 0.55% | 0.95% | |
| Sunflower Bank | 0.75% | 0.95% | 1.30% | ||
| Synchrony Bank | 0.15% | 0.25% | 0.55% | 0.65% | 0.85% |
| TDECU | 0.30% | 0.50% | 0.60% | 1.00% | 0.90% |
| Teachers Federal Credit Union | 0.30% | 0.30% | 0.40% | 0.50% | 1.25% |
| TIAA | 0.35% | 0.40% | 0.55% | 0.60% | 0.85% |
| Tinker Federal Credit Union | 0.40% | 0.45% | 0.55% | 0.65% | 0.95% |
| Together Credit Union | 0.25% | 0.40% | 0.55% | 0.90% | |
| Transcend Credit Union | 0.10% | 0.25% | 0.40% | 0.50% | 1.00% |
| Travis Credit Union | 0.35% | 0.50% | 0.70% | 1.00% | |
| Truliant Federal Credit Union | 0.05% | 0.20% | 0.35% | 0.40% | 0.85% |
| TruMark Financial CU | 0.20% | 0.50% | 0.65% | 0.90% | |
| TVA Credit Union | 0.30% | 0.35% | 0.55% | 0.85% | |
| Union Bank & Trust | 0.15% | 0.20% | 0.35% | 0.55% | 0.65% |
| United Federal Credit Union | 0.10% | 0.15% | 0.20% | 0.40% | 0.70% |
| University of Kentucky FCU | 0.30% | 0.40% | 0.60% | 0.80% | 1.10% |
| Univest Bank | 0.05% | 0.35% | 0.45% | 0.65% | |
| Utilities Employees Credit Union | 0.40% | 0.45% | 0.55% | 0.85% | |
| Vantage Credit Union | 0.10% | 0.15% | 0.25% | 0.75% | |
| Virginia Credit Union | 0.25% | 0.40% | 0.50% | 0.80% | |
| Vystar Credit Union | 0.25% | 0.30% | 0.45% | 0.60% | 1.00% |
| Washington Trust | 0.10% | 0.10% | 0.10% | 0.20% | 0.75% |
| Welcome Credit Union | 0.25% | 0.35% | 1.00% | ||
| WesBanco | 0.30% | 0.75% | 1.35% | ||
| Widget Financial | 0.30% | 0.35% | 0.45% | 0.75% | |
| Wright-Patt Credit Union | 0.40% | 0.60% | 0.75% | 0.90% |
Best Fixed Annuity Rates
If you are disappointed with CD rates you may consider a fixed annuity. Below is a table of today’s best fixed annuity rates.
Fixed Annuity vs CD
Certificate of Deposit
A Certificate of Deposit (CD) is a savings product sold by banks and credit unions, offering a fixed interest rate (set by the bank) to customers wanting to earn a little more interest than personal savings accounts provide. Each CD offers a term ranging from 6 months to 10 years in length.
Fixed Annuity
A Fixed Annuity is a retirement savings plan sold by an insurance company, offering a fixed interest rate (set by the insurance company) to customers wanting to earn more interest than a Certificate of Deposit (CD). Each fixed annuity has a term ranging from 2 years to 20 years in length.
Fixed annuities work very much like a certificate of deposit (CD). Both a fixed annuity and a CD provide principal protection, meaning your account value will not decrease due to market performance.
As you can see a fixed annuity or MYGA, guarantees a set interest rate for a specified period of time – just like a CD. However, Fixed annuity guarantees are backed by the claims-paying ability of the issuing insurance company and are not insured by the FDIC like a CD.
While annuities are not FDIC insured, State Guaranty Associations provide a safety net for their state’s annuity policyholders. These Guaranty Associations guarantee policyholders continue to receive coverage (up to the limits spelled out by state law) even if their insurer is declared insolvent.
You can view the limits of your state at our State Guaranty Associations Explained page.
CD vs Annuity Comparison Table
| FIXED ANNUITY | CD (CERTIFICATE OF DEPOSIT) | |
|---|---|---|
| Issued By | Insurance Companies | Banks |
| Investment Amount | $2,000 - $1,000,000 | Essentially Any Amount |
| Investment Term | 3 years - 10 years | 3 months - 5 years |
| Interest Rates (APY) | Rates by product but usually higher. | Varies by financial institution, term and investment amount. |
| Liquidity | Usually, 10% annually or interest earned. | Almost always accumulated interest. |
| Guarantees | The claims-paying ability to issue Insurer and by State Guaranty Funds. | Backed by the FDIC up to $250,000 per depositor, per institution. |
| Death Benefit | Passed directly to the beneficiary without probate process. | Probate process required. |
Calculating Real Rate of Return on CD Rates
In 18 of the past 30 years, CDs have had a negative return (after taking into account the impact of taxes and inflation), and in three of the positive years, they earned less than a 1% real rate of return.
Have you considered the impact that taxes have on interest? Or, have you accounted for impact inflation may have on your overall rate of return?
Generally, the interest received in these types of vehicles may not keep pace with inflation. This could mean lower purchasing power for you over time. Also, at renewal, a new rate along with a new withdrawal penalty may apply.
Here’s a quick way to determine your CD’s real rate of return:
The Federal Reserve and CD Rates
The Federal Reserve’s interest rate decisions can impact the rates that banks offer on CDs. When the Fed raises or lowers the federal funds rate, banks typically respond by moving savings and money market account yields in the same direction.
CDs tend to track Treasuries closely. In 2019, a year when the Fed lowered rates three times, CDs generally decreased before or after a Fed rate cut.
Two emergency Fed rate cuts in March, and decreasing Treasury’s, are reasons many high-yield CDs decreased in 2020.
If you’re concerned about rates potentially decreasing or want to lock in a fixed yield, a CD may be right for you. Savings accounts and money market accounts generally have variable rates, meaning your yield can decrease.
Introductory rates on those accounts are an exception to this rule. Intro rates may give you a fixed rate during the introductory period, though there may be certain requirements to keep this rate.
Best CD Type Annuity Products
Kiara Caudill
My Annuity Store, Inc. pulled the CD rate information listed on this page from Bankrate.com. Rates are not guaranteed, can change frequently and may not be available in all states. These rates are meant for general education and comparison purposes only.
The rate information above is obtained by Bankrate.com from the listed institutions. Bankrate.com or myannuitystore.com cannot guarantee the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com.
All rates are subject to change without notice and may vary branch to branch. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own website where you can find additional information. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.
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