Low interest rates are making it tough for savers to earn a respectable yield on their deposits. Certificates of deposit may provide some relief. This week, we take a look at the current national rate averages, top credit union rates, and the highest rate you’ll find in each state. Try NerdWallet’s tool to compare CD rates in your area and find the highest possible yield.
- Navy Army Community Credit Union – 30 month CD – 3.00% APY
- Wymar Federal Credit Union – 24 month CD – 2.27% APY
|Length of Term (months)||% of Available Accounts||Average APY|
Top 50 credit union rates
The top 50 rates we identified came from just 19 different credit unions (membership eligibility restrictions may apply), each of which offered a rate at least 79% higher than the average for a comparable term.
Top online CD rates
Online banks are another great option for savers seeking higher yields. Anyone can open an account, but there’s not likely to be a branch nearby – all transactions and customer service takes place over the internet or phone.
|Bank||Length of Term (months)||APY|
Top CD rates by state
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