Top 10 2-year CD Rates
This blog is dedicated to top 10 lists of CD Rates. Available interest rates for 2-year CDs will be featured first.
CD Rate Table*
| Name | Rate | FDIC/NCUA# |
| Alliant CU | 1.69% | 67955 |
| Airbanking, div. of MainStreet Bank | 1.50% | 57742 |
| Melrose CU | 1.41% | 62005 |
| Aurora Bank | 1.38% | 30890 |
| Alostar Bank | 1.37% | 59060 |
| Discover Bank | 1.35% | 5649 |
| Ascencia, div. of PBI Bank | 1.31% | 9413 |
| Velocity Credit Union | 1.31% | 68359 |
| Ally Bank | 1.30% | 57803 |
| Landmark Bank, NA dba giantbank.com | 1.14% | 34832 |
CD Rates continue to drop like rocks. I suspect if the Fed keeps their promise of keeping rates low into 2013, that 5-year CD rates will drop below 1.00% and 2-year rates will get to around 0.50%. So I wouldn’t hold off and hope for a better deal at this point.
Sources: www.highyielddeals.com
Bankrate.com
DepositAccounts.com
The above sites provide access to rates that they find. I would suggest checking them out. I don’t believe the economy is going anywhere. If you can, now would be a great time to refinance mortgages, cars, trailers, etc. 15-year mortgage rates are in the mid-3.00%. We tried but our home value had dropped to far. Still we have decent rate at 5.87%. We bought our house about 9-years ago.
Anyway with rates as low as they are, paying off high interest debt gives you a much better return. Just some thoughts.
*Disclaimer: Banks and Credit Unions reserve the right to change their rates at anytime. Please let us know if listed rates have changed since being posted.
