One Year CDs
Northpointe Bank has top CD rates at 2.05%. Of course there is a catch. It is actually a 2-year CD with no penalty to close after 1-year. So after 1-year it basically becomes a liquid CD. Quite a nice feature. Bank does have some weakness though. Alliant Credit Union has a 1.75%. We’ve featured them before. They have a 3 to 4 star rating depending on whom you ask.

Eighteen Month CDs
Alliant Credit Union has a 2.00%. First City Bank of Florida has a 2.00%. They have a 1-star rating. Aurora Bank FSB (FKA Lehman Brothers Bank) has a 1.78%. They have a 2-star to 3-star rating. And yes, they are trying to distance themselves from their past failures.

Two Year CDs
We have a bank with a 2.50%. They are 3 to 4 star rated. Alliant has a 2Y at 2.25%. Alliant came on the scene a few years ago and has continued to keep their rates quite competitive. And of course as I mentioned above, Northpointe has a 2.05%.

Three Year CDs
First Federal Bank of the Midwest has a 37-month at 2.75%. They have a 4-star rating. Alliant Credit Union comes in second with a 2.50%. Pentagon Federal Credit Union also has a 3-year at 2.50%. They have a 4-star rating.

Five Year CDs
Acacia Federal Savings Bank has a 3.20%. They have a 2-star rating. Nationwide Bank has a 3.10% and only a 6-month penalty to close. Ally Bank is supposed to have a 60-Day penalty and their rate is 2.99%. At least they could have made it an even 3.00%.

Please remember that although we strive for accuracy mistakes can be made. Please verify federal insurance, rates, and ratings with any institution you are looking to make deposits with.

Bank and Credit Union Reviews