September 26th, 2011
While searching the internet I came across some good rates for you. I decided to go ahead and link directly to the sites I found them on. I have actually corresponded with the owner of DepositAccounts.
US Senate FCU has a 5-year CD at 3.33% APY, 4-year at 2.79%, 3-year at 2.23%. Those are the top long-term rates I’ve seen in a while. They also have a competitive 2-year at 1.44% and 1-year at 1.10%. DepositAccounts has all of the details on how to join and such.
Alliant CU still has the top 1-year at 1.30% and 2-year at 1.70%. I’ve reviewed them before here Review of Alliant CU.
In the brokered CD market we have seen rates pushing up a little. Seems to be a case of supply and demand. Banks are having to raise their rates slightly to get the eyes of people who may have limited funds or just feel like playing the waiting game. So far this hasn’t spilled into the direct CDs, but it may. That would be a welcome event as the Fed has promised to keep Fed Funds low until 2013.
If you find a good CD rate, let us know and we’ll feature it here on the blog.
Have a great day,
-- By +Chris Duncan