This could be the first signs that CD rates will start increasing. One day after Sovereign Bank took the top spot for the 60 month CD term, a California based bank- Kaiser Federal Bank matched the same 3.0% APY. Kaiser Federal Bank raised its rates from 2.75% to 3.0% APY, making it a two way tie for the best available 5 year CD.

Kaiser requires a minimum of $10,000, which is much higher than Sovereigns’ minimum of just $500.

Here is a list of the top CD rates available nationally:

*Term Bank February 17 December 1
3 Month CD California First 0.80% APY 0.95% APY
6 Month CD Metropolitan National 1.15% APY 1.15% APY
12 Month CD Incrediblebank 1.45% APY 1.51% APY
24 Month CD Salem 5 Bank 1.75% APY 1.76% APY
36 Month CD Melrose Credit Union 2.17% APY 2.27% APY
60 Month CD Sovereign Bank 3.00% APY 3.03% APY

Be sure to get the best CD rate available by checking out our CD Rates board.

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