Deposit Diary Daily #344
Best Nationally Available CDs, 1 May 2025
What’s Happening
The rates on the 90 High-Yield CDs offered by Raisin have not been competitive for quite some time. Raisin has added a limited number of Callable CDs with noteworthy rates that can be “called” at any time.
This CD can be redeemed at the sole discretion of the financial institution listed above starting on the Initial Call Date or any day thereafter for the remainder of the Term (a 'call'). If the CD is called, you will be paid the outstanding principal amount and dividends accrued up to, and including, the call date, and no dividend will be earned after the call date.
The current Callable CD product line includes the following:
SkyOne Federal Credit Union • 12-months Callable CD • 4.10% ($1)
Always.bank • 24-months Callable CD • 3.95% ($1)
Generations Bank • 36-months Callable CD • 4.35% ($1)
UNCLE Credit Union • 36-months Callable CD • 4.20% ($1)
SkyOne Federal Credit Union • 48-months Callable CD • 4.15% ($1)
mph.bank • 60-months Callable CD • 4.36% ($1)
Recent Additions and Rate Changes
Not surprisingly, the majority of the recent CD rate changes occurred in short-term lengths.
Newly Added
Mountain America Credit Union • 6-month Standard Certificate • 4.35% ($500)
EagleBank • Personal 12-month CD • 4.55% (▲15 bps) ($1k)
Achieva Credit Union •13-month Certificate of Deposit • 4.50% ($1k)
Sallie Mae Bank •15-months CD • 4.40% (▲10 bps) ($2.5k)
Ponce Bank Direct • 24-month CD Promotion • 4.25% ($1k)
Utah Community Credit Union • 60-month Standard Certificate • 4.25% ($500)
Rate Decreases
My eBanc • 6-month Jumbo Online Time Deposit • 4.50% (▼5 bps)
T Bank • 6-month Online CD • 4.45% (▼15 bps)
Bread Financial • 6-month CD • 4.40% (▼10 bps)
Abound Credit Union •10-month Certificate Special • 4.45% (▼15 bps)
My eBanc •12-month Jumbo Online Time Deposit • 4.45% (▼5 bps)
T Bank • 12-month Online CD • 4.40% (▼10 bps)
My eBanc •18-month Jumbo Online Time Deposit • 4.30% (▼5 bps)
Credit Human •60-83 month Share Certificate • 4.11% (▼4 bps)
Removals Following Rate Decrease
My eBanc • 24-month Jumbo Online Time Deposit • 4.20% (▼5 bps)
Credit One Bank, NA • 12-month Jumbo Certificate • 4.40% (▼10 bps)
Removals, Uncompetitive Rate
Pelican State Credit Union • 8-months Share Certificate • 4.33% ($500)
Library of Congress Federal Credit Union • 12-17 months Traditional Certificate • 4.42% ($1k)
Newtek Bank • 18-month Certificate of Deposit • 4.20% ($2.5k)
Merrick Bank • 60-month CD • 4.00%
Highest-Rate Nationally Available CDs
The highest-rate nationally available CDs from banks and credit unions as of May 1, 2025 are listed below.
5-9 Month CDs
GECU • 4.60% ($2.5k) • 6-month Senior Privilege Fixed-Rate Certificate
Security State Bank • 4.60% ($25k) • 6-month Internet CD
1-Year CDs
Security State Bank • 4.65% ($25k) • 12-month CD Special
GECU • 4.54% ($50k) / 4.44% ($50) • 12-month Senior Privilege Jumbo / Fixed-Rate Certificate
18-month CDs
XCEL Federal Credit Union • 4.50% ($500) •18-months Certificate
EagleBank • 4.40% ($1k) • Personal 18-month CD
2-Year CDs
EagleBank • 4.45% ($1k) • Personal 24-month CD
Lafayette Federal Credit Union • 4.33% ($100k) • 2-year Jumbo Certificate
3-Year CDs
ClearPath Federal Credit Union • 4.50% ($1k) • 36-months Special Certificate
KS StateBank • 4.15% ($500) • 3-year CD
4-Year CDs
Lafayette Federal Credit Union • 4.33% ($100k), 4.28% ($500) • 4-year Jumbo/Certificate
KS StateBank • 4.15% ($500) • 4-year CD
5-Year CDs
Lafayette Federal Credit Union • 4.33% ($100k) • 5-year Jumbo Certificate
Synchrony Bank • 4.15% (no min) • 60-month CD
Over 5-Year CDs
KS StateBank • 4.30% ($500) • 7-year CD
Credit Human • 4.11% (▼4 bps) ($500) • 60-83 month Share Certificate
Spreadsheet
The attached spreadsheet shows the current top ten nationally available CDs (at least five from banks/five from credit unions) in eight different term lengths. The links go directly to each financial institution’s rate page or product landing page.
The spreadsheet also lists the six CDs that were removed from the Summary because of a rate drop (2) or an uncompetitive rate (4).
Good Morning, Kent:
Newtek increased their 9 months CD to 4.40%:
https://www.newtekbank.com/certificate-of-deposit/