THESTREET, INC. NEW YORK, Dec. 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.
http://photos.prnewswire.com/prnvar/20140603/93856
"CD rates were unchanged this week despite a rally in long term Treasuries as investors sought safety from oil prices declines and equity volatility," said Dan Freed, Senior Staff Reporter for TheStreet.com.
NATIONAL AVERAGE RESULTS - $10K
This week Last week
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Money Market 0.15 0.15
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1 month CD 0.11 0.11
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3 month CD 0.15 0.15
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6 month CD 0.23 0.23
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1 year CD 0.36 0.36
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2 year CD 0.56 0.56
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3 year CD 0.76 0.76
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4 year CD 0.95 0.95
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5 year CD 1.17 1.17
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* 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 - $10K
This is a list of issuers with top interest rates. The issuer's Financial Strength Rating is an independent, unbiased evaluation of quarterly regulatory statements. Institutions are assigned a letter grade of A-E with "A" representing the highest rating based on a review of many aspects of financial safety including capitalization, asset quality, profitability and liquidity. For more information, visit www.weissratings.com/help/what-our-ratings-mean.aspx. Information is believed to be accurate, but not guaranteed.
Money Market Financial Minimum APY
Strength to (%)
Rating Earn
Interest
($)
--- ---
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 (%)
Rating Earn
Interest
($)
--- ---
Great Southern Bank B 250 0.500
--- --- -----
417-888-4316
www.greatsouthernbank.com
-------------------------
Beal Bank USA B- 1000 0.400
--- ---- -----
702-598-3500
www.bealbank.com
----------------
Umbrellabank.com C 1000 0.400
--- ---- -----
866-862-7355
www.umbrellabank.com
--------------------
Beal Bank, SSB C 1000 0.400
--- ---- -----
619-894-8066
www.bealbank.com
----------------
Carter Bank & Trust C+ 2500 0.400
--- ---- -----
276-632-2901
www.carterbankandtrust.com
--------------------------
3 Month CD Financial Minimum APY
Strength to (%)
Rating Earn
Interest
($)
--- ---
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 Newburyport B 1 0.500
--- --- -----
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 (%)
Rating Earn
Interest
($)
--- ---
Doral Bank E+ 500 0.950
--- --- -----
850-447-3000
www.doralbankflorida.com
------------------------
Beal Bank USA B- 1000 0.750
--- ---- -----
702-598-3500
www.bealbank.com
----------------
GE Capital Bank A 500 0.700
--- --- -----
801-517-5000
www.gecapitalbank.com
---------------------
Colorado Federal Savings Bank B- 5000 0.700
--- ---- -----
877-484-2372
www.coloradofederalbank.com
---------------------------
Discover Bank C 500 0.650
--- --- -----
888-765-6654
www.discoverbank.com
--------------------
1 Year CD Financial Minimum APY
Strength to (%)
Rating Earn
Interest
($)
--- ---
Bank Direct B 10000 1.170
--- ----- -----
877-839-2737
www.bankdirect.com
------------------
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
------------------------
2 Year CD Financial Minimum APY
Strength to (%)
Rating Earn
Interest
($)
--- ---
iGObanking.com C+ 1000 1.400
--- ---- -----
888-432-5890
www.igobanking.com
------------------
Nationwide Bank B 10000 1.330
--- ----- -----
877-422-6569
www.nationwide.com
------------------
GE Capital Bank A 500 1.300
--- --- -----
801-517-5000
www.gecapitalbank.com
---------------------
Doral Bank E+ 500 1.300
--- --- -----
850-447-3000
www.doralbankflorida.com
------------------------
First NBC Bank B- 10000 1.260
--- ----- -----
504-671-3550
www.firstnbcbank.com
--------------------
3 Year CD Financial Minimum APY
Strength to (%)
Rating Earn
Interest
($)
--- ---
iGObanking.com C+ 1000 1.700
--- ---- -----
888-432-5890
www.igobanking.com
------------------
Charles Schwab U 1000 1.550
--- ---- -----
800-435-4000
www.schwabbank.com
------------------
EverBank B- 1500 1.540
--- ---- -----
888-882-3837
www.everbank.com
----------------
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
---------------
4 Year CD Financial Minimum APY
Strength to (%)
Rating Earn
Interest
($)
--- ---
Morton Community Bank B 1000 2.050
--- ---- -----
309-266-5337
www.hometownbanks.com
---------------------
Manito Community Bank B 1000 2.050
--- ---- -----
309-968-6819
www.hometownbanks.com
---------------------
Fairbury-Cropsey Community Bank B 1000 2.050
--- ---- -----
815-692-4000
www.hometownbanks.com
---------------------
Farmington Community Bank B 1000 2.050
--- ---- -----
309-245-2446
www.hometownbanks.com
---------------------
Citizens National Bank B 1000 2.050
--- ---- -----
309-833-4551
www.citizensnational.net
------------------------
5 Year CD Financial Minimum APY
Strength to (%)
Rating Earn
Interest
($)
--- ---
CIT Bank B+ 1000 2.300
--- ---- -----
801-412-6800
www.bankoncit.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
---------------------
Republic Bank of Chicago C- 1000 2.250
--- ---- -----
773-581-4500
www.republicebank.com
---------------------
Northfield Bank B 2500 2.250
--- ---- -----
718-448-1000
www.enorthfield.com
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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.
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SOURCE TheStreet, Inc.
