Interest.com's latest survey of large banks and thrifts taken June 17 found the average annual yield for a:
Five-year CD fell to 2.17% after holding at 2.20% for three straight weeks. It remains near its lowest level since we began tracking this rate in January 1984. A year ago, the yield was 3.19%.
One-year CD rose to 1.19% from 1.18. That's the lowest it's been since May 2004. A year ago it was 2.18%.
Six-month CD fell to 0.89% from 0.91% -- a five-year low. A year ago it yielded 1.88%. Three-month CD slid to 0.60% from 0.62%. The yield has not been this low since we first began tracking it in March 1989. Last year at this time it paid 1.70%.
Use Interest.com's extensive, up-to-the-minute database of the best CD rates to find the most lucrative deals from local and national banks.
Our CD calculator will help you figure out the interest you'll earn, for any term, amount and rate.
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