THESTREET, INC. NEW YORK, Nov. 19, 2014 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that the 5 Year CD national average lost the 1 basis point it had gained last week dropping back down to 1.16 as the Federal Reserve continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008.
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"Five-year CD rates came down a basis point even as equities reached new highs," said Dan Freed, Senior Staff Reporter for TheStreet. "Shorter maturities were unchanged as fixed income yields remain punishingly low for savers by historical standards."
NATIONAL AVERAGE RESULTS - $10K
This Last
week 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 0.76 0.76
--------- ---- ----
4 year CD 0.94 0.94
--------- ---- ----
5 year CD 1.16 1.17
--------- ---- ----
* 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 - $10K
This is a list of issuers with top interest rates. The issuer's Financial Strength Rating is an independent, unbiased evaluation of quarterly regulatory statements. Institutions are assigned a letter grade of A-E with "A" representing the highest rating based on a review of many aspects of financial safety including capitalization, asset quality, profitability and liquidity. For more information, visit www.weissratings.com/help/what-our-ratings-mean.aspx. Information is believed to be accurate, but not guaranteed.
Money Market Financial Minimum APY
Strength to Earn (%)
Rating Interest
($)
--- ---
First NBC Bank B- 10000 1.060
--- ----- -----
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 Minimum APY
Strength to Earn (%)
Rating Interest
($)
--- ---
Great Southern Bank B 250 0.500
--- --- -----
417-888-4316
www.greatsouthernbank.com
-------------------------
Beal Bank USA B- 1000 0.400
--- ---- -----
702-598-3500
www.bealbank.com
----------------
Umbrellabank.com C 1000 0.400
--- ---- -----
866-862-7355
www.umbrellabank.com
--------------------
Beal Bank, SSB C 1000 0.400
--- ---- -----
619-894-8066
www.bealbank.com
----------------
Merchants Bank of Indiana B 1 0.350
--- --- -----
765-874-2511
www.merchantsbankofindiana.com
------------------------------
3 Month CD Financial Minimum APY
Strength to Earn (%)
Rating Interest
($)
--- ---
Beal Bank USA B- 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 B 1 0.500
Newburyport
978-462-3106
www.institutionforsavings.com
-----------------------------
Great Southern Bank B 250 0.500
--- --- -----
417-888-4316
www.greatsouthernbank.com
-------------------------
Doral Bank E+ 500 0.500
--- --- -----
850-914-2525
www.doralbankflorida.com
------------------------
6 Month CD Financial Minimum APY
Strength to Earn (%)
Rating Interest
($)
--- ---
Doral Bank E+ 500 0.950
--- --- -----
850-447-3000
www.doralbankflorida.com
------------------------
Beal Bank USA B- 1000 0.750
--- ---- -----
702-598-3500
www.bealbank.com
----------------
Chartway Federal Credit Union C+ 10000 0.750
--- ----- -----
800-678-8765
www.chartway.com
----------------
GE Capital Bank A 500 0.700
--- --- -----
801-517-5000
www.gecapitalbank.com
---------------------
Colorado Federal Savings Bank B- 5000 0.700
--- ---- -----
877-484-2372
www.coloradofederalbank.com
---------------------------
1 Year CD Financial Minimum APY
Strength to Earn (%)
Rating Interest
($)
--- ---
Sallie Mae Bank A- 2500 1.150
--- ---- -----
877-346-2756
www.salliemaebank.com
---------------------
Nationwide Bank B 10000 1.140
--- ----- -----
877-422-6569
www.nationwide.com
------------------
GE Capital Bank A 500 1.100
--- --- -----
801-517-5000
www.gecapitalbank.com
---------------------
Doral Bank E+ 500 1.100
--- --- -----
850-447-3000
www.doralbankflorida.com
------------------------
Colorado Federal Savings Bank B- 5000 1.100
--- ---- -----
877-484-2372
www.coloradofederalbank.com
---------------------------
2 Year CD Financial Minimum APY
Strength to Earn (%)
Rating Interest
($)
--- ---
Chartway Federal Credit Union C+ 10000 1.510
--- ----- -----
800-678-8765
www.chartway.com
----------------
iGObanking.com C+ 1000 1.400
--- ---- -----
888-432-5890
www.igobanking.com
------------------
Nationwide Bank B 10000 1.330
--- ----- -----
877-422-6569
www.nationwide.com
------------------
Doral Bank E+ 500 1.300
--- --- -----
850-447-3000
www.doralbankflorida.com
------------------------
First NBC Bank B- 10000 1.260
--- ----- -----
504-671-3550
www.firstnbcbank.com
--------------------
3 Year CD Financial Minimum APY
Strength to Earn (%)
Rating Interest
($)
--- ---
Oritani Savings Bank A- 1000 1.500
--- ---- -----
201-664-5400
www.oritani.com
---------------
Boiling Springs Savings Bank B- 1000 1.500
--- ---- -----
201-939-6600
www.bssbank.com
---------------
Charles Schwab U 1000 1.500
--- ---- -----
800-435-4000
www.schwabbank.com
------------------
Nationwide Bank B 10000 1.500
--- ----- -----
877-422-6569
www.nationwide.com
------------------
Chartway Federal Credit Union C+ 10000 1.460
--- ----- -----
800-678-8765
www.chartway.com
----------------
4 Year CD Financial Minimum APY
Strength to Earn (%)
Rating Interest
($)
--- ---
Institution for Savings In B 1 2.000
Newburyport
978-462-3106
www.institutionforsavings.com
-----------------------------
BayCoast Bank C- 10 1.950
--- --- -----
508-678-7641
www.baycoastbank.com
--------------------
Nationwide Bank B 10000 1.950
--- ----- -----
877-422-6569
www.nationwide.com
------------------
CIT Bank B+ 1000 1.900
--- ---- -----
801-412-6800
www.bankoncit.com
-----------------
Charles Schwab U 1000 1.900
--- ---- -----
800-435-4000
www.schwabbank.com
------------------
5 Year CD Financial Minimum APY
Strength to Earn (%)
Rating Interest
($)
--- ---
Chartway Federal Credit Union C+ 10000 2.520
--- ----- -----
800-678-8765
www.chartway.com
----------------
Nationwide Bank B 10000 2.320
--- ----- -----
877-422-6569
www.nationwide.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
-----------------
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 business and financial news, investing ideas and analysis to personal and institutional investors worldwide. The Company's portfolio of business and personal finance brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, MainStreet and RateWatch. To learn more, visit www.thestreet.com. The Deal, the Company's institutional business, provides intraday coverage of mergers and acquisitions and all other changes in corporate control. To learn more, visit www.thedeal.com.
Contact:
Emily Scheer
TheStreet, Inc.
212-321-5521
emily.scheer@thestreet.com
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