NEW YORK, Sept. 16, 2014 /PRNewswire/ -- RateWatch, a
premier banking data and analytics service owned by TheStreet, Inc.
(NASDAQ: TST) reported today that national averages for CD rates of
all durations this week remained unchanged as the Federal Reserve
continued to keep the short-term federal funds rate at a range of
zero to 0.25% since late 2008.
"Average rates remained unchanged ahead of a
two-day meeting of the Federal Open Market Committee,"
reported Dan Freed, Senior Writer
for TheStreet. "The Fed is widely seen as close to ending its bond
purchasing program and the consensus is that it will begin raising
interest rates toward the middle of 2015."
NATIONAL AVERAGE RESULTS - $10K
|
This
week
|
Last
week
|
Money
Market
|
0.15
|
0.15
|
1 month CD
|
0.11
|
0.11
|
3 month CD
|
0.15
|
0.15
|
6 month CD
|
0.23
|
0.23
|
1 year CD
|
0.36
|
0.36
|
2 year CD
|
0.56
|
0.56
|
3 year CD
|
0.75
|
0.75
|
4 year CD
|
0.94
|
0.94
|
5 year CD
|
1.15
|
1.15
|
* National Average is calculated using one unique rate per
institution. Averages are based on Banks, Savings & Loans,
Brokers and Internet Banks with assets greater than $1 Billion.
TOP RATE ISSUERS - $10K
This is a list of issuers with top interest rates. The
issuer's Financial Strength Rating is an independent,
unbiased evaluation of quarterly regulatory statements.
Institutions are assigned a letter grade of A-E with "A"
representing the highest rating based on a review of many aspects
of financial safety including capitalization, asset quality,
profitability and liquidity. For more information,
visit www.weissratings.com/help/what-our-ratings-mean.aspx.
Information is believed to be accurate, but not guaranteed.
Money
Market
|
Financial
Strength
Rating
|
Minimum
to Earn
Interest
($)
|
APY
(%)
|
First NBC
Bank
|
B-
|
10000
|
1.260
|
504-671-3550
|
www.firstnbcbank.com
|
Salem Five
Direct
|
B
|
1
|
1.000
|
800-850-5000
|
www.salemfivedirect.com
|
Sallie Mae
Bank
|
A-
|
1
|
0.900
|
877-346-2756
|
www.salliemaebank.com
|
Ally Bank
|
A-
|
1
|
0.850
|
877-247-2559
|
www.ally.com
|
Synchrony
Bank
|
C+
|
10000
|
0.850
|
866-869-4671
|
www.myoptimizerplus.com
|
1 Month
CD
|
Financial
Strength
Rating
|
Minimum
to Earn
Interest
($)
|
APY
(%)
|
Great Southern
Bank
|
B
|
250
|
0.450
|
417-888-4316
|
www.greatsouthernbank.com
|
Beal Bank
USA
|
C+
|
1000
|
0.400
|
702-598-3500
|
www.bealbank.com
|
Umbrellabank.com
|
C-
|
1000
|
0.400
|
866-862-7355
|
www.umbrellabank.com
|
Beal Bank,
SSB
|
C-
|
1000
|
0.400
|
619-894-8066
|
www.bealbank.com
|
Merchants Bank of
Indiana
|
B+
|
1
|
0.350
|
765-874-2511
|
www.merchantsbankofindiana.com
|
3 Month
CD
|
Financial
Strength
Rating
|
Minimum
to Earn
Interest
($)
|
APY
(%)
|
Beal Bank
USA
|
C+
|
1000
|
0.510
|
702-598-3500
|
www.bealbank.com
|
Umbrellabank.com
|
C-
|
1000
|
0.510
|
866-862-7355
|
www.umbrellabank.com
|
Institution for
Savings In Newburyport
|
B
|
1
|
0.500
|
978-462-3106
|
www.institutionforsavings.com
|
Doral Bank
|
D-
|
500
|
0.500
|
850-914-2525
|
www.doralbankflorida.com
|
Firstbank
Florida
|
D
|
1000
|
0.500
|
305-740-9522
|
www.firstbankfla.com
|
6 Month
CD
|
Financial
Strength
Rating
|
Minimum
to Earn
Interest
($)
|
APY
(%)
|
Doral Bank
|
D-
|
500
|
0.950
|
850-914-2525
|
www.doralbankflorida.com
|
National Republic
Bank of Chicago
|
E+
|
1000
|
0.800
|
312-738-4900
|
www.nrbchicago.com
|
Beal Bank
USA
|
C+
|
1000
|
0.750
|
702-598-3500
|
www.bealbank.com
|
GE Capital
Bank
|
A
|
500
|
0.700
|
801-517-5000
|
www.gecapitalbank.com
|
Colorado Federal
Savings Bank
|
B-
|
5000
|
0.700
|
877-484-2372
|
www.coloradofederalbank.com
|
1 Year
CD
|
Financial
Strength
Rating
|
Minimum
to Earn
Interest
($)
|
APY
(%)
|
GE Capital
Bank
|
A
|
500
|
1.100
|
801-517-5000
|
www.gecapitalbank.com
|
Doral Bank
|
D-
|
500
|
1.100
|
850-914-2525
|
www.doralbankflorida.com
|
Colorado Federal
Savings Bank
|
B-
|
5000
|
1.100
|
877-484-2372
|
www.coloradofederalbank.com
|
Nationwide
Bank
|
B
|
10000
|
1.070
|
877-422-6569
|
www.nationwide.com
|
Beal Bank
USA
|
C+
|
1000
|
1.060
|
702-598-3500
|
www.bealbank.com
|
2 Year
CD
|
Financial
Strength
Rating
|
Minimum
to Earn
Interest
($)
|
APY
(%)
|
Doral Bank
|
D-
|
500
|
1.300
|
850-914-2525
|
www.doralbankflorida.com
|
EverBank
|
B-
|
1500
|
1.260
|
888-882-3837
|
www.everbank.com
|
Columbia
Bank
|
C-
|
500
|
1.250
|
201-794-5840
|
www.columbiabankonline.com
|
Colorado Federal
Savings Bank
|
B-
|
5000
|
1.250
|
877-484-2372
|
www.coloradofederalbank.com
|
Nationwide
Bank
|
B
|
10000
|
1.250
|
877-422-6569
|
www.nationwide.com
|
3 Year
CD
|
Financial
Strength
Rating
|
Minimum
to Earn
Interest
($)
|
APY
(%)
|
Doral Bank
|
D-
|
500
|
1.500
|
850-914-2525
|
www.doralbankflorida.com
|
Oritani Savings
Bank
|
A-
|
1000
|
1.500
|
201-664-5400
|
www.oritani.com
|
EverBank
|
B-
|
1500
|
1.460
|
888-882-3837
|
www.everbank.com
|
State Farm Bank,
FSB
|
C
|
500
|
1.450
|
877-734-2265
|
www.statefarm.com
|
Sallie Mae
Bank
|
A-
|
2500
|
1.450
|
877-346-2756
|
www.salliemaebank.com
|
4 Year
CD
|
Financial
Strength
Rating
|
Minimum
to Earn
Interest
($)
|
APY
(%)
|
Institution for
Savings In Newburyport
|
B
|
1
|
2.000
|
978-462-3106
|
www.institutionforsavings.com
|
BayCoast
Bank
|
C-
|
10
|
1.950
|
508-678-7641
|
www.baycoastbank.com
|
EverBank
|
B-
|
1500
|
1.850
|
888-882-3837
|
www.everbank.com
|
Nationwide
Bank
|
B
|
10000
|
1.850
|
877-422-6569
|
www.nationwide.com
|
CIT Bank
|
B+
|
1000
|
1.800
|
801-412-6800
|
www.bankoncit.com
|
5 Year
CD
|
Financial
Strength
Rating
|
Minimum
to Earn
Interest
($)
|
APY
(%)
|
EverBank
|
B-
|
1500
|
2.300
|
888-882-3837
|
www.everbank.com
|
Barclays Bank
Delaware
|
C+
|
1
|
2.250
|
888-710-8756
|
www.banking.barclaysus.com
|
GE Capital
Bank
|
A
|
500
|
2.250
|
801-517-5000
|
www.gecapitalbank.com
|
CIT Bank
|
B+
|
1000
|
2.250
|
801-412-6800
|
www.bankoncit.com
|
Synchrony
Bank
|
C+
|
2000
|
2.250
|
866-869-4671
|
www.myoptimizerplus.com
|
Financial Strength Rating: A=Excellent, B=Good, C=Fair,
D=Weak, E=Very Weak, U=Unrated
Plus
sign "+" = top of range, Minus sign "-" = bottom of range
Data is surveyed weekly with averages calculated each Monday
afternoon from RateWatch's unbiased national interest rate survey
of over 97,000 financial institution locations across the United States. National Average is
calculated using one unique rate per institution. Averages and Top
Rate Issuers are based on Banks, Savings & Loans, Brokers and
Internet Banks with assets greater than $1
Billion.
About RateWatch
For over 20 years, RateWatch has been
the premier provider of competitive interest rate and product
information to financial institutions across the United
States. Consistently providing top quality, highly relevant
data RateWatch maintains the largest database in the industry with
deposit, loan, and fee information monitoring over 97,000
locations. Rate surveys, product comparisons, financial
strength reporting, local/regional/national averages, fee
reporting, specialty reports and more are available. To learn
more about RateWatch, visit www.rate-watch.com. RateWatch is
a division of TheStreet, Inc.
About TheStreet
TheStreet, Inc. (www.t.st) is the
leading independent digital financial media company providing
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Contact:
Emily Scheer
TheStreet, Inc.
212-321-5521
emily.scheer@thestreet.com
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