CD Rate Report August 10, 2015

There were several changes to CD rates this week. The good news is, most of the changes were higher and there was only 1 decrease. The biggest increases were on EverBank's 3 month rate and E-Loan's 3 year rate. E-Loan also had the majority of increases this week.

EverBank's 3 month rate was increased from 0.35 percent to 0.55 percent. Everbank's 3 month rate is now tied with California First National Bank for the best 3 month rate in our database. E-Loan's 3 year rate was increased from 1.65 percent to 1.85 percent. E-Loan now has the best 3 year CD rate and the best rate for several other CD terms.

E-Loan also increased their 5 year CD rate and their 18 month CD rate. E-Loan's 5 year CD rate is now at 2.45 percent, the highest 5 year rate in our database. E-Loan's 18 month rate is now at 1.35 percent, the highest 18 month rate in our database.

The only decrease this week was on EverBank's 3 month rate, the rate was lowered to 1.52 percent, down from 1.66 percent.

Average CD Rates August 10, 2015

• 3 Month Average CD Rate 0.25% (up 0.01%)
• 6 Month Average CD Rate 0.58% (unchanged)
• 12 Month Average CD Rate 1.06% (unchanged)
• 24 Month Average CD Rate 1.19% (down 0.03%)
• 60 Month Average CD Rate 1.81% (up 0.05%)

Best CD Rates Available August 10, 2015

2 Month Rates/Yields

• MyCBB 0.80% Yield 0.80%
• E-Loan Rate 0.16% Yield 0.16%
• Loan Star Bank Rate 0.15% Yield 0.15%
• Virtual Bank Rate 0.15% Yield 0.15%

3 Month Rates/Yields

• EverBank 0.55% Yield 0.55% (increased 0.20%)
• California First National Bank 055% Yield 0.55%
• First Internet Bank of Indiana 0.45% Yield 0.45%
• AloStar Bank of Commerce 0.40% Yield 0.40%
• Goldwater Bank 0.40% Yield 0.40%
• Virtual Bank 0.40% Yield 0.40%

6 Month Rates/Yields

• California First National Bank 0.85% Yield 0.85%
• MyCBB 0.85% Yield 0.85%
• EH National Bank 0.80% Yield 0.80%
• My e-BAnC by BAC Florida Bank 0.80% Yield 0.80%
• AloStar Bank of Commerce 0.80% APY 0.80%
• ableBanking, a division of Northeast Bank 0.80% Yield 0.80%
• Silvergate Bank 0.75% Yield 0.75%
• Chartway Federal Credit Union 0.75% Yield 0.75%

9 Month Rates/Yields

• New Dominion Bank 0.89% Yield 0.90%
• AloStar Bank of Commerce 0.80% Yield 0.80%
• giantbank.com 0.70% Yield 0.70%
• Discover Bank 0.70% Yield 0.70%
• GE Capital Bank 0.70% Yield 0.70%
• Virtual Bank 0.70% Yield 0.70%

1 Year Rates/Yields

• E-Loan 1.29% Yield 1.30% (increased 0.05%)
• CIT Bank 1.24% Yield 1.25%
• Synchrony Bank 1.24% Yield 1.25%
• Sallie Mae Bank 1.24% Yield 1.25%
• Bank Direct 1.20% Yield 1.21%
• AloStar Bank of Commerce 1.20% Yield 1.21%
• My e-BAnC by BAC Florida Bank 1.19% Yield 1.20%
• Colorado Federal Savings Bank 1.19% Yield 1.20%
• Home Savings Bank 1.19% Yield 1.20%

18 Month Rates/Yields

• E-Loan 1.34% Yield 1.35% (new top 18 month rate)
• Synchrony Bank 1.24% Yield 1.25%
• Nordstrom Bank 1.24% Yield 1.25%
• AloStar Bank of Commerce 1.20% Yield 1.21%
• Virtual Bank 1.20% Yield 1.21%
• My e-BAnC by BAC Florida Bank 1.19% Yield 1.20%

2 Year Rates/Yields

• E-Loan 1.51% Yield 1.52%
• Silvergate Bank 1.45% APY 1.46%
• Synchrony Bank 1.44% Yield 1.45%
• PenFed Rate 1.40% Yield 1.41%
• CIT Bank Rate 1.39% Yield 1.40%
• AloStar Bank of Commerce Rate 1.39% Yield 1.40%

3 Year Rates/Yields

• E-Loan 1.83% Yield 1.85% (increased 0.20%)
• EverBank 1.51% Yield 1.52% (decreased 0.14)
• Silvergate Bank 1.65% Yield 1.66%
• Sallie Mae 1.59% Yield 1.60%
• First Internet Bank of Indiana 1.50% Yield 1.51%
• Synchrony Bank 1.49% Yield 1.50%
• Lone Star Bank 1.49% Yield 1.50%
• AloStar Bank of Commerce 1.48% Yield 1.50%

4 Year Rates/Yields

• EverBank 1.89% Yield 1.91%
• Nationwide Bank 1.84% Yield 1.86%
• CIT Bank 1.80% Yield 1.82%
• Virtual Bank 1.77% Yield 1.78%
• Capital One 360 1.75% Yield 1.76%
• First Internet Bank of Indiana 1.75% Yield 1.76%
• Discover Bank 1.74% Yield 1.76%
• Synchrony Bank 1.73% Yield 1.75%

5 Year Rates/Yields

• E-Loan 2.42% Yield 2.45% (increased 0.14%)
• Synchrony Bank 2.23% Yield 2.25%
• Capital One 360 2.23% Yield. 2.25%
• First Internet Bank of Indiana 2.15% Yield 2.17%

You can always find the most current online CD rates by searching our database of rates at MonitorBankRates.