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.

If you want to see the highest APY for other account types, see our other comparison charts here.

Bank CD Months Rates Min $ Max $
Lafayette FCU
1 Year Fixed CD
0.80%$500-
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-
Genisys Credit Union
13 Month Share Certificate Special
0.65%$500-
Live Oak Bank
1 Year CD
0.65%$2.5k$250k
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-
Colorado Federal Savings Bank
12 Month CD
0.63%$5k-
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-
Synchrony Bank
14 Month CD
0.60%$2k-
Financial Resources FCU
14 Month CD Special
0.60%$500-
Ally Bank
14 Month Select CD
0.60%--
American Heritage FCU
13 Month Share Certificate
0.60%$1k-
Quorum FCU
13 Month Term Savings CD - New Money
0.60%$1k-
Ivy Bank
1 Year CD
0.60%$1k-
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-
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
TIAA Bank
1 Year CD
0.55%$1k-
Affinity Plus FCU
12 Month CD
0.55%$500-
Discover Bank
12 Month CD
0.55%$2.5k-
Limelight Bank
12 Month CD
0.55%$1k$500k
Pen Air FCU
12 Month CD
0.55%$500-
iGObanking
12 Month iGOCD
0.55%$1k-
Barclays
12 Month Online CD
0.55%--
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-
M.Y. Safra Bank
12 Month MYSB Direct Online CD
0.51%$500-
Zeal Credit Union
12 Month CD
0.50%*$25k-
Wings Financial Credit Union
1 Year Certificate
0.50%*$10k-
AFFCU
1 Year Share Certificate
0.50%*$1k-
Signature FCU
12 Month Share Certificate
0.50%*$500-
UNIFY Financial Credit Union
12 Month Share Certificate
0.50%*$1k-
Kinecta FCU
12 Month CD
0.50%*$1k-
Sun East FCU
12 Month CD
0.50%$500-
TAB Bank
12 Month CD
0.50%$1k-
Quontic Bank
1 Year CD
0.50%$500-
Service Credit Union
12 Month Share Certificate
0.50%$500-
MTC FCU
12 Month Share Plus CD
0.50%$10k-
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-
Greenwood Credit Union
12 Month CD
0.50%$1k-
INSBANK Online
12 Month CD
0.50%$2.5k-
NuVision FCU
1 Year CD
0.45%*$25k-
Premier America Credit Union
12 Month CD
0.45%*$25k-
Affinity FCU
14 Month CD Special
0.45%*$2.5k-
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-
My eBanc
12 Month Online Time Deposit
0.45%$5k-
NASA FCU
12 Month Share Certificate
0.45%$1k-
Northrop Grumman FCU
12 Month Term CD
0.45%$2.5k-
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-
Ponce Bank
13 Month High-Yield CD
0.45%$1-
California Coast Credit Union
12 Month CD
0.40%*$10k-
Corporate America Family Credit Union
12 Month CD
0.40%*$10k-
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-
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-
United Texas Bank
12 Month CD
0.40%$1k-
Central Bank of Kansas City
14 Month CD4KC
0.40%$5k-
Wheelhouse Credit Union
12 Month Certificate
0.40%$500-
People's Trust FCU
12 Month CD
0.37%*$25k-

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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