Washington Federal Savings Bank CD rates (WA and ID)
Warning: The rates featured on this page are likely outdated. Visit our CD Rates Center for updated rates and special offers.
Washington Federal Savings Bank is offering some fairly respectable returns on their FDIC-insured savings products. If you visit their website, however, you will not be able to find any savings rates posted. They may want to reconsider this (in our opinion) given the competitiveness of some of their current rates.
For terms up to 18 months they offer rates which are pretty much on par with the national average, however their 24 – 36 month CD rates are substantially above it.
After reaching out to a representative I found that these rates are available in both Washington state and Idaho. If you do not live in one of these two state you may want to dig through our archive of best cd rates to find products in which you CAN take advantage of.
Washington Federal Savings Bank CD Rates:
(available in Washington and Idaho)
- 24 month CD yielding 2.50% APY for deposits between $1,000 and $89,999. This rate gets bumped up to 2.55% APY with deposits of $90k and larger. The national average for 24 month CDs currently hovers around 2.05% APY.
- 36 month CD yielding 2.75% APY for deposits between $1,000 and $89,999. This rate is bumped up to 2.80% APY with deposits greater than $90,000. The national average for 3 year CDs sits at roughly 2.20% APY.
- 48 month CD yielding 3.0% APY for deposits between $1,000 and $89,999. This rate is also bumped up 0.05% to 3.05% APY with deposits of more than $90,000. The national average for 4 year CDs currently sits at around 2.40% APY.
As it states in their bank’s name (federal savings), Washington Federal Savings Bank specializes in savings products. They offer a wide range of savings accounts which include money market accounts, CD (certificate of deposits) accounts and interest checking accounts. They also offer some loan products and credit cards as well. Their mission is to provide every customer with personal service and attentiveness, to provide their customers with deposit instruments which are highly competitive with the larger institutions and to provide mortgage loans primarily to individuals seeking to purchase or refinance a home in the Bridgeport community, as well as the greater Cook and DuPage counties of Illinois. In following this mission, Washington will be able to maintain profitability and a strong capital position necessary to continue well into the future.
