CD Rates 1-Year

Competition among banks and credit unions for certificate of deposit (CDs) accounts is fierce, giving us a variety of choices. Financial institutions are battling it out for deposits, so they offer a variety of CD maturities at very competitive yields. We have compiled the best 1-year rates here for you to check out.

Bank CD Months Rates Min $ Max $
Lafayette FCU
1 Year Fixed CD
0.80%$500-
Live Oak Bank
1 Year CD
0.75%$2.5k$250k
Communitywide FCU
12 Month Share Certificate
0.75%$1k-
USALLIANCE Financial
12 Month Certificate Special
0.75%$500-
Interior FCU
12 Month Share Certificate
0.71%$500-
Puerto Rico FCU
1 Year Share Certificate
0.70%$1k-
CFG Bank
12 Month CD
0.67%$500$250k
Hiway Credit Union
12 ? 23 Month CD
0.65%*$25k-
Evansville Teachers FCU
14 Month CD
0.65%$1k-
The Federal Savings Bank
1 Year CD - New Money
0.65%$500-
Hughes FCU
12 Month CD
0.65%$1k-
Merrick Bank
12 Month CD
0.65%$25k$250k
Comenity Direct
1-Year CD
0.65%$1.5k$10m
First National Bank of America
12-23 Month CD
0.65%$1k-
Connexus Credit Union
12 Month Certificate
0.61%$5k-
State Bank of India
12 Month Senior Citizen CD
0.60%$25k-
State Bank of India (IL)
Senior Citizens 12 Month CD
0.60%$2.5k-
Technology Credit Union
12 - 17 Month Flextime CD
0.60%$1k-
Financial Resources FCU
14 Month CD Special
0.60%$500-
Ally Bank
14 Month Select CD
0.60%--
Quorum FCU
13 Month Term Savings CD - New Money
0.60%$1k-
Ivy Bank
1 Year CD
0.60%$1k-
Quontic Bank
1 Year CD
0.60%$500-
Abound Credit Union
12 Month CD
0.60%$500-
BankDirect
12 Month CD
0.60%$10k-
First Internet Bank
12 Month CD
0.60%$1k-
NexBank
12 Month CD
0.60%$10k$240k
Sallie Mae Bank
12 Month CD
0.60%$2.5k-
United Texas Bank
12 Month CD
0.60%$1k-
State Department FCU
12 Month Certificate
0.60%$500-
National Cooperative Bank
12 Month Impact CD
0.60%$2.5k-
Fort Bragg FCU
12 Month Jumbo Term Share Certificate
0.60%$25k-
MapleMark Bank
12 Month Ladder CD
0.60%$25k-
PenFed Credit Union
12 Month Money Market Certificate
0.60%$1k-
Alabama Credit Union
12 Month CD
0.56%$500-
Chevron FCU
12 Month CD
0.55%*$500-
Spectrum Credit Union
12 Month CD
0.55%*$500-
State Bank of Texas (SBT)
12 Month CD
0.55%*$25k$250k
Synchrony Bank
14 Month CD
0.55%$2k-
Genisys Credit Union
13 Month Share Certificate Special
0.55%$500-
TIAA Bank
1 Year CD
0.55%$1k-
Affinity Plus FCU
12 Month CD
0.55%$500-
Limelight Bank
12 Month CD
0.55%$1k$500k
iGObanking
12 Month iGOCD
0.55%$1k-
BankPurely
12 Month PurelyCD - New Money
0.55%$1k-
Marcus by Goldman Sachs
High-yield 12 Month CD
0.55%$500$1m
Alliant Credit Union
12-17 Month Jumbo Share CD
0.55%$25k-
Colorado Federal Savings Bank
12 Month CD
0.51%$5k-
Northrop Grumman FCU
12 Month Term CD
0.51%$2.5k-
Zeal Credit Union
12 Month CD
0.50%*$25k-
Signature FCU
12 Month Share Certificate
0.50%*$500-
UNIFY Financial Credit Union
12 Month Share Certificate
0.50%*$1k-
Wings Financial Credit Union
1 Year Certificate
0.50%*$10k-
AFFCU
1 Year Share Certificate
0.50%*$1k-
Kinecta FCU
12 Month CD
0.50%*$1k-
TAB Bank
12 Month CD
0.50%$1k-
Xceed Financial FCU
12 Month CD
0.50%$500-
M.Y. Safra Bank
12 Month MYSB Direct Online CD
0.50%$500-
Service Credit Union
12 Month Share Certificate
0.50%$500-
Dow Chemical Employees' Credit Union
12 Month Simple CD
0.50%$500-
Luther Burbank Savings
12 Month Special CD
0.50%$1k-
Hanscom FCU
12 to 17 Month CD
0.50%$1k-
Discover Bank
12 Month CD
0.50%$2.5k-
Greenwood Credit Union
12 Month CD
0.50%$1k-
INSBANK Online
12 Month CD
0.50%$2.5k-
Pen Air FCU
12 Month CD
0.50%$500-
Affinity FCU
14 Month CD Special
0.45%*$2.5k-
NuVision FCU
1 Year CD
0.45%*$25k-
Premier America Credit Union
12 Month CD
0.45%*$25k-
My eBanc
12 Month Online Time Deposit
0.45%$5k-
NASA FCU
12 Month Share Certificate
0.45%$1k-
MTC FCU
12 Month Share Plus CD
0.45%$10k-
BrioDirect
High-Rate 12 Month CD
0.45%$500-
America's Credit Union
12 Month Promotional Share Certificate Special
0.45%$500-
Parda FCU
1 Year Senior Plus CD
0.45%$500-
Financial Partners Credit Union
12 to 23 Month CD
0.45%$1k-
Continental Bank
11 Month No Penalty CD
0.45%--
One American Bank
11 Month CD Special
0.45%$5k-
Sun East FCU
11 Month CD Special
0.45%$500-
Ponce Bank
13 Month High-Yield CD
0.45%$1-
American Heritage FCU
13 Month Share Certificate
0.45%$1k-
Consumers Credit Union (IL)
1 Year CD
0.45%$250$100k
Matadors Community Credit Union
12 Month CD
0.45%$1k-
MutualOne Bank
12 Month CD
0.45%$500-
Pennsylvania State Employees Credit Union
12 Month CD
0.45%$500-
Prime Alliance Bank
12 Month CD
0.45%$500-
California Coast Credit Union
12 Month CD
0.40%*$10k-
Corporate America Family Credit Union
12 Month CD
0.40%*$10k-
Latino Credit Union
12 Month CD
0.40%$500-
Market USA FCU
12 Month CD
0.40%$500-
RTN FCU
12 Month CD
0.40%$1k-
Self-Help Credit Union
12 Month CD
0.40%$500-
Self-Help FCU
12 Month CD
0.40%$500-
Central Bank of Kansas City
14 Month CD4KC
0.40%$5k-
Wheelhouse Credit Union
12 Month Certificate
0.40%$500-
Rising Bank
1 Year Term CD
0.40%$1k$500k
Chartway FCU
12-17 Month Share Certificate
0.40%--
Banesco USA
12 Month CD
0.40%$1.5k$250k
bankESB
10 Month CD Special
0.40%$1k-
DollarSavingsDirect
12 Month CD
0.40%$1k-

Tips on choosing the right CD

First, decide on what CD term you need. If have the cash and don’t mind having it locked up for a few years, consider a 5-year CD. They tend to have the highest rates. If you don’t want your money to be out of sight for that long, consider a 3- or 4-year CD instead.

Once you determine which CD term suits your need, it is easy to just pick the account with the highest rate. But you need to check a CD’s minimum deposit before deciding. CD minimum deposits vary, with certain online banks not requiring any amount, while other institutions require $25,000 or even as much as $100,000. Some may require a low opening deposit in but in turn require an even higher balance to earn their highest rate.

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