Best 7 year CD rates paying around 4% APY

The highest yielding 7 year CD rates have taken a pretty big hit over the last few months just like CD rates with shorter terms. Today, the top rates for deposits with 7 year maturities sits at 4.0% APY depending on how much you can invest.

Pentagon Federal Credit Union out of Alexandria, Virginia tops our list for seven year deposits, providing a 4.0% APY. PFCU has branches throughout Virginia, New York, New Jersey, and the DC area. They also have Read more…

Best 5 year CD rates paying 3.80% APY

The best 5 year CD’s (certificates of deposit) which are nationally available are currently paying 3.80% APY. However, depending on where you live you may be able to find slightly better interest rates.

The top 5 year CD (nationally available) currently goes to Melrose Credit Union. Since Melrose Credit Union has an open New York State charter there are no geographic or group affiliation field of membership restrictions. So, regardless of where you live or how you earn a living, you may Read more…

Best CD rates in New Jersey

Below are the top 5 banks offering the highest interest rates on certificates of deposit in New Jersey. Keep in mind that you will receive a much higher rate if you opt for a longer maturity. The 60 month CD has some of the highest yields currently because of it’s maturity length. You may also want to check out some national rates if your local ones are a tad below the average. Compare CD rates from our archive vs. the Read more…

Discover Bank’s 5 year CD rates VS. local bank rates

For shorter term certificate of deposits, say 6 months to 18 months, I have found that may local credit unions and banks are offering some of the best rates available. Today though, I looked into some of the longer term certificate rates in my area as well as a few other major cities along the west coast and found that Discover Bank (who opens it’s doors to customers nationwide) has long term CD rates that are trouncing some of these Read more…

Montauk Credit Union’s CD (certificate of deposit) rates

Thanks (again) to BankVibe reader and contributor FarmerFrank for pointing out some very nice CD rates this time coming from a credit union in New York state.

Montauk Credit Union is a non-profit, member-owned, financial institution with roughly 4,500 members and $50 million in assets. They were chartered in 1922 and open serve customers nationwide. To become a member you will incur a one-time fee of $25.00, after that there are no fees associated with Montauk CU.

Current CD Rates:

12 month CD: Read more…