Best CD rates today, May 13, 2025

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Best CD rates today, May 13, 2025

//media-entertainment.news-articles.net/content/2025/05/13/best-cd-rates-today-may-13-2025.html

Published in Media and Entertainment on Tuesday, May 13th 2025 at 6:44 GMT by Fortune

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
🞛 This publication contains potentially derogatory content such as foul language or violent themes

The article from Fortune, published on May 13, 2024, discusses the current state of CD (Certificate of Deposit) rates, highlighting that the top nationally available rate for a 1-year CD has reached 5.35% APY, offered by CIBC Bank USA. It also notes that the highest rate for a standard 2-year CD is 5.00% APY from TAB Bank, and for a jumbo 2-year CD, it's 5.27% APY from Luana Savings Bank. The article provides a detailed list of the top rates for various CD terms, ranging from 3 months to 5 years, and emphasizes the importance of shopping around for the best rates as they can vary significantly between institutions. Additionally, it mentions that while CD rates are attractive, they are expected to decrease as the Federal Reserve anticipates cutting rates later in the year.

Read the Full Fortune Article at:
[ https://fortune.com/article/cd-rates-5-13-25/ ]