Historical Average 1 Year Cd Rates

Average rates on 5 year cds were slightly higher around 2 2.

Historical average 1 year cd rates. Average cd rates across the board are pretty low. This average is based on the 1yrocd index which is the average yield of ten mature 1 year online cd accounts from well established online banks. See what the average interest rate was in the us for 3 month 60 month 1 year 3 year and 5 year cds since 2010 and learn how the economy affects rates. Our historical cd rate information is current as of july 31 2012.

The average 1 year online cd yield fell to 0 550 on october 1 2020. Data is not available prior to may 18 2009. Investing in 6 month cds would have returned an average rate of 3 76. This historical data can be accessed at previous rates.

The average rate on a 1 year cd in july is 1 38 apy and the average rate in a 5 year cd is 2 19 apy. Recent changes in the depositaccounts 1 year online cd 1yrocd index. Here are the best cd interest rates for october 2020. However these averages are brought down significantly by traditional brick and mortar banks which tend to offer the lowest rates around.

Continue on to the present and the best rates tend to be closer to 1 50 apy. 1994 2 1994 3 1994 4 1994 5 1994 6 1994 7 1994 8 1994 9 1994 10 1994 11 1994 12 1995 1. If you opted for 1 year cds then the average rate would have been 4 09. Historical cd interest rates.

Fast forward to last year when a five year cd rate was just above 3 annual percentage yield. But these numbers don. In 2009 after the financial crisis the average 12 month cd paid less than 1 percent apy. The fdic began posting the national rate and rate cap on may 18 2009.

At this point cd rates and 1 year rates are well below the historical. First many people just like investing in short term cds. Cd interest rate chart 6 month cd. Navy federal credit union apy.

Mountain america federal credit union apy.