CD Rates Show Slight Increase

TheStreet and RateWatch Report Top National & Regional CD Rate Issuers

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Aug 18, 2015, 05:50 ET

NEW YORK, Aug. 18, 2015 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that the 5 year CD national average increased from 1.19 to 1.20 this week while national averages for CD rates of all other durations 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.

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"CD rates saw a slight increase this week," said Scott Gamm, TheStreet Economics Reporter. "All eyes are now on the minutes report of the Federal Reserve's July meeting, which is set to be released Wednesday afternoon. The report provides investors with a closer look at the discussions that took place among Fed officials during the meeting. Investors will be looking for clues on the timing of the central bank's looming rate hike, which many economists say could come as soon as September."

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	0.37	0.37
2 year CD	0.57	0.57
3 year CD	0.78	0.78
4 year CD	0.97	0.97
5 year CD	1.20	1.19

* 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 ($)	APY (%)
First NBC Bank	B-	10000	1.010
504-671-3550
www.firstnbcbank.com
Salem Five Direct	B	1	1.000
800-850-5000
www.salemfivedirect.com
CrossFirst Bank	C+	1	1.000
316-925-4800
www.crossfirstbank.com
Incredible Bank	C+	1	0.950
877-261-4750
www.incrediblebank.com
Sallie Mae Bank	B+	1	0.900
877-346-2756
www.salliemaebank.com
1 Month CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Carter Bank & Trust	C+	100	0.600
276-632-2901
www.carterbankandtrust.com
Great Southern Bank	B	250	0.500
417-888-4316
www.greatsouthernbank.com
Beal Bank, SSB	C	1000	0.400
619-894-8066
www.bealbank.com
Beal Bank USA	C	1000	0.360
602-714-3838
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 ($)	APY (%)
Carter Bank & Trust	C+	100	0.600
276-632-2901
www.carterbankandtrust.com
EverBank	B-	1500	0.550
888-882-3837
www.everbank.com
Umbrellabank.com	C	1000	0.510
866-862-7355
www.umbrellabank.com
Beal Bank USA	C	1000	0.510
602-714-3838
www.bealbank.com
Institution for Savings In Newburyport	B	1	0.500
978-462-3106
www.institutionforsavings.com
6 Month CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Carter Bank & Trust	C+	100	0.800
276-632-2901
www.carterbankandtrust.com
GE Capital Bank	A	500	0.700
801-517-5000
www.gecapitalbank.com
First Internet Bank of Indiana	B-	1000	0.700
888-873-3424
www.firstib.com
Beal Bank USA	C	1000	0.700
602-714-3838
www.bealbank.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 ($)	APY (%)
Eloan.com	D+	10000	1.300
888-533-5333
www.eloan.com
CIT Bank	B	1000	1.250
801-412-6800
www.bankoncit.com
Synchrony Bank	C+	2000	1.250
866-869-4671
www.myoptimizerplus.com
Sallie Mae Bank	B+	2500	1.250
877-346-2756
www.salliemaebank.com
Bank Direct	B-	10000	1.210
877-839-2737
www.bankdirect.com
2 Year CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Eloan.com	D+	10000	1.520
888-533-5333
www.eloan.com
Synchrony Bank	C+	2000	1.450
866-869-4671
www.myoptimizerplus.com
Crescent Bank & Trust	D	1000	1.360
504-556-5950
www.cbtno.com
iGObanking.com	B	1000	1.350
888-432-5890
www.igobanking.com
NexBank, SSB	A-	10000	1.350
214-234-7280
www.nexbank.com
3 Year CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Institution for Savings In Newburyport	B	1	2.100
978-462-3106
www.institutionforsavings.com
Eloan.com	D+	10000	1.850
888-533-5333
www.eloan.com
Crescent Bank & Trust	D	1000	1.810
504-556-5950
www.cbtno.com
First NBC Bank	B-	10000	1.770
504-671-3550
www.firstnbcbank.com
Bank Iowa	B-	500	1.750
515-967-7283
www.bankiowabanks.com
4 Year CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Charles Schwab Bank, National Association	B	1000	2.050
888-303-0310
www.schwabbank.com
Charles Schwab	U	1000	2.050
713-229-0411
www.schwab.com
Institution for Savings In Newburyport	B	1	2.000
978-462-3106
www.institutionforsavings.com
Eloan.com	D+	10000	2.000
888-533-5333
www.eloan.com
BayCoast Bank	C-	10	1.950
508-678-7641
www.baycoastbank.com
5 Year CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Eloan.com	D+	10000	2.450
888-533-5333
www.eloan.com
Charles Schwab Bank, National Association	B	1000	2.350
888-303-0310
www.schwabbank.com
Charles Schwab	U	1000	2.350
713-229-0411
www.schwab.com
Capital One 360	C+	1	2.250
302-255-3750
www.capitalone360.com
Capital One, National Association	C+	1	2.250
302-645-1361
www.capitalone.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
TheStreet, Inc. (www.t.st) is the leading independent digital financial media company providing business and financial news, investing ideas and analysis to personal and institutional investors worldwide. The Company's portfolio of business and personal finance brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, MainStreet and RateWatch. To learn more, visit www.thestreet.com. The Deal, the Company's institutional business, provides intraday coverage of mergers and acquisitions and all other changes in corporate control. To learn more, visit www.thedeal.com.

Contact: Scott Gamm, TheStreet, Inc., Scott Gamm at thestreet.com

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