Highest CD Rates For September 3 2010

We are heading into Labor Day weekend, a three day holiday for most Americans. Nothing has really changed from the highest CD rates that we are tracking. The only real change was to the 24-month certificate of deposit, which has fallen below the 2.00% level, down to 1.95% APY.

If you are looking at getting into a CD, it might be best to hold off and wait for the CD rates to increase in 2011, which is only a speculative guess and should not be taken as fact. Any long term Certificate of Deposit might be a bad idea now that rates are so low.

Always consult a certified financial adviser when making any decisions.

*TermBankSeptember 3rdLast Week
3 Month CDiGoBanking1.35% APY1.35% APY
6 Month CDNewDominion Bank1.25% APY1.25% APY
12 Month CDSallie Mae Bank1.55% APY1.55% APY
24 Month CDNewDominion Bank1.95% APY2.00% APY
36 Month CDDanversbank2.50% APY2.50% APY
60 Month CDMelrose Credit Union3.03% APY3.03% APY

You can always view the latest CD rates from our database of banks and other financial institutions that we follow from our CD rates page.