NEW YORK, Oct. 14, 2014 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that national averages for CD rates of all durations this week remained unchanged as the Federal Reserve continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008.
"National CD rates were unchanged as Federal Reserve affirmed its outlook for interest rates, but indicated that it is keeping a watchful eye on economic trends around the world," TheStreet's Antoine Gara reported. "Those comments indicate that any negative economic data could push back the Fed's timing of interest rate increases, even as the central bank ends its monthly bond purchases."
NATIONAL AVERAGE RESULTS - $10K
This week |
Last week |
|
Money Market |
0.15 |
0.15 |
1 month CD |
0.11 |
0.11 |
3 month CD |
0.15 |
0.15 |
6 month CD |
0.23 |
0.23 |
1 year CD |
0.36 |
0.36 |
2 year CD |
0.56 |
0.56 |
3 year CD |
0.76 |
0.76 |
4 year CD |
0.94 |
0.94 |
5 year CD |
1.16 |
1.16 |
* National Average is calculated using one unique rate per institution. Averages are based on Banks, Savings & Loans, Brokers and Internet Banks with assets greater than $1 Billion.
TOP RATE ISSUERS - $10K
This is a list of issuers with top interest rates. The issuer's Financial Strength Rating is an independent, unbiased evaluation of quarterly regulatory statements. Institutions are assigned a letter grade of A-E with "A" representing the highest rating based on a review of many aspects of financial safety including capitalization, asset quality, profitability and liquidity. For more information, visit www.weissratings.com/help/what-our-ratings-mean.aspx. Information is believed to be accurate, but not guaranteed.
Money Market |
Financial Strength Rating |
Minimum to Earn Interest |
APY |
First NBC Bank |
B- |
10000 |
1.160 |
504-671-3550 |
|||
www.firstnbcbank.com |
|||
Salem Five Direct |
B |
1 |
1.000 |
800-850-5000 |
|||
www.salemfivedirect.com |
|||
Sallie Mae Bank |
A- |
1 |
0.900 |
877-346-2756 |
|||
www.salliemaebank.com |
|||
Ally Bank |
A- |
1 |
0.850 |
877-247-2559 |
|||
www.ally.com |
|||
Synchrony Bank |
C+ |
10000 |
0.850 |
866-869-4671 |
|||
www.myoptimizerplus.com |
|||
1 Month CD |
Financial Strength Rating |
Minimum to Earn Interest |
APY |
Great Southern Bank |
B |
250 |
0.450 |
417-888-4316 |
|||
www.greatsouthernbank.com |
|||
Beal Bank USA |
B- |
1000 |
0.400 |
702-598-3500 |
|||
www.bealbank.com |
|||
Umbrellabank.com |
C |
1000 |
0.400 |
866-862-7355 |
|||
www.umbrellabank.com |
|||
Beal Bank, SSB |
C |
1000 |
0.400 |
619-894-8066 |
|||
www.bealbank.com |
|||
Merchants Bank of Indiana |
B |
1 |
0.350 |
765-874-2511 |
|||
www.merchantsbankofindiana.com |
|||
3 Month CD |
Financial Strength Rating |
Minimum to Earn Interest |
APY |
Beal Bank USA |
B- |
1000 |
0.510 |
702-598-3500 |
|||
www.bealbank.com |
|||
Umbrellabank.com |
C |
1000 |
0.510 |
866-862-7355 |
|||
www.umbrellabank.com |
|||
Institution for Savings In Newburyport |
B |
1 |
0.500 |
978-462-3106 |
|||
www.institutionforsavings.com |
|||
Doral Bank |
E+ |
500 |
0.500 |
850-914-2525 |
|||
www.doralbankflorida.com |
|||
Firstbank Florida |
D |
1000 |
0.500 |
305-740-9522 |
|||
www.firstbankfla.com |
|||
6 Month CD |
Financial Strength Rating |
Minimum to Earn Interest |
APY |
Doral Bank |
E+ |
500 |
0.950 |
850-914-2525 |
|||
www.doralbankflorida.com |
|||
Chartway Federal Credit Union |
C+ |
10000 |
0.850 |
800-678-8765 |
|||
www.chartway.com |
|||
Beal Bank USA |
B- |
1000 |
0.750 |
702-598-3500 |
|||
www.bealbank.com |
|||
GE Capital Bank |
A |
500 |
0.700 |
801-517-5000 |
|||
www.gecapitalbank.com |
|||
Colorado Federal Savings Bank |
B- |
5000 |
0.700 |
877-484-2372 |
|||
www.coloradofederalbank.com |
|||
1 Year CD |
Financial Strength Rating |
Minimum to Earn Interest |
APY |
GE Capital Bank |
A |
500 |
1.100 |
801-517-5000 |
|||
www.gecapitalbank.com |
|||
Doral Bank |
E+ |
500 |
1.100 |
850-914-2525 |
|||
www.doralbankflorida.com |
|||
Colorado Federal Savings Bank |
B- |
5000 |
1.100 |
877-484-2372 |
|||
www.coloradofederalbank.com |
|||
Bank Direct |
B |
10000 |
1.100 |
877-839-2737 |
|||
www.bankdirect.com |
|||
Nationwide Bank |
B |
10000 |
1.100 |
877-422-6569 |
|||
www.nationwide.com |
|||
2 Year CD |
Financial Strength Rating |
Minimum to Earn Interest |
APY |
Chartway Federal Credit Union |
C+ |
10000 |
1.510 |
800-678-8765 |
|||
www.chartway.com |
|||
Doral Bank |
E+ |
500 |
1.300 |
850-914-2525 |
|||
www.doralbankflorida.com |
|||
Nationwide Bank |
B |
10000 |
1.270 |
877-422-6569 |
|||
www.nationwide.com |
|||
First NBC Bank |
B- |
10000 |
1.260 |
504-671-3550 |
|||
www.firstnbcbank.com |
|||
Columbia Bank |
C- |
500 |
1.250 |
201-794-5840 |
|||
www.columbiabankonline.com |
|||
3 Year CD |
Financial Strength Rating |
Minimum to Earn Interest |
APY |
EverBank |
B- |
1500 |
1.510 |
888-882-3837 |
|||
www.everbank.com |
|||
Chartway Federal Credit Union |
C+ |
10000 |
1.510 |
800-678-8765 |
|||
www.chartway.com |
|||
State Farm Bank, FSB |
C |
500 |
1.500 |
877-734-2265 |
|||
www.statefarm.com |
|||
Doral Bank |
E+ |
500 |
1.500 |
850-914-2525 |
|||
www.doralbankflorida.com |
|||
Oritani Savings Bank |
A- |
1000 |
1.500 |
201-664-5400 |
|||
www.oritani.com |
|||
4 Year CD |
Financial Strength Rating |
Minimum to Earn Interest |
APY |
Institution for Savings In Newburyport |
B |
1 |
2.000 |
978-462-3106 |
|||
www.institutionforsavings.com |
|||
State Farm Bank, FSB |
C |
500 |
2.000 |
877-734-2265 |
|||
www.statefarm.com |
|||
Republic Bank of Chicago |
C- |
1000 |
2.000 |
773-581-4500 |
|||
www.republicebank.com |
|||
Charles Schwab |
1000 |
2.000 |
|
800-435-4000 |
|||
www.schwabbank.com |
|||
EverBank |
B- |
1500 |
1.960 |
888-882-3837 |
|||
www.everbank.com |
|||
5 Year CD |
Financial Strength Rating |
Minimum to Earn Interest |
APY |
Chartway Federal Credit Union |
C+ |
10000 |
2.520 |
800-678-8765 |
|||
www.chartway.com |
|||
EverBank |
B- |
1500 |
2.340 |
888-882-3837 |
|||
www.everbank.com |
|||
Barclays Bank Delaware |
C |
1 |
2.250 |
888-710-8756 |
|||
www.banking.barclaysus.com |
|||
GE Capital Bank |
A |
500 |
2.250 |
801-517-5000 |
|||
www.gecapitalbank.com |
|||
State Farm Bank, FSB |
C |
500 |
2.250 |
877-734-2265 |
|||
www.statefarm.com |
Financial Strength Rating: A=Excellent, B=Good, C=Fair, D=Weak, E=Very Weak, U=Unrated
Plus sign "+" = top of range, Minus sign "-" = bottom of range
Data is surveyed weekly with averages calculated each Monday afternoon from RateWatch's unbiased national interest rate survey of over 97,000 financial institution locations across the United States. National Average is calculated using one unique rate per institution. Averages and Top Rate Issuers are based on Banks, Savings & Loans, Brokers and Internet Banks with assets greater than $1 Billion.
About RateWatch
For over 20 years, RateWatch has been the premier provider of competitive interest rate and product information to financial institutions across the United States. Consistently providing top quality, highly relevant data RateWatch maintains the largest database in the industry with deposit, loan, and fee information monitoring over 97,000 locations. Rate surveys, product comparisons, financial strength reporting, local/regional/national averages, fee reporting, specialty reports and more are available. To learn more about RateWatch, visit www.rate-watch.com. RateWatch is a division of TheStreet, Inc.
About TheStreet
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Contact:
Emily Scheer
TheStreet, Inc.
212-321-5521
[email protected]
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SOURCE TheStreet, Inc.
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