Best CD Rates June 2009

author — Wed, 01 Jul 2009 12:46:26 +0000

Now that we’re past it, it’s time to look back at the best CD rates for June 2009, which will bring you up-to-date on the best CD rates today. And Best CD Rates Today just happens to be our name, so it’s our job! Let’s look at June’s best CD rates.

1 Year Term
The best CD rates today are at Ally Bank (formerly GMAC) with a 2.30% APY (annual percentage yield) with no minimum deposit required to avoid fees. Next is newdominionDIRECT.com with 2.26% APY and a $3,000 minimum deposit and then comes UmbrellaBank.com and OneWest Bank (CA) at 2.25% APY and $1,000 and $5,000 minimum respectively.

3 Year Term
For this popular term, the best CD rates June 2009 now are at Discover Bank, Intervest National (NY), and Tennessee Commerce Bank at 3.10% APY, all with $2,500 minimum deposit required. The next in line is Goldwater Bank (AZ) 2.97% APY, but with a $50,000 minimum deposit. AIG Bank (DE) has a 2.96% APY with a $2,500 minimum required.

5 Year Term
This is a very popular investment term and the best CD rates today are once again in a 3-way tie: Third Federal S&L (OH), Tennessee Commerce, and OneWest Bank all at 3.65% APY wit ha $500, $2,500, and $5,000 minimum deposit respectively. Close behind is Intervest Bank (NY) at 3.62% APY and then Discover Bank at 3.60% APY, each with a $2,500 minimum deposit requirement.

All of these banks are FDIC insured and these best CD rates June 2009 could change at any time. So if any of these best CD rates today appeal to you, lock in your best CD rates before they change.

Best CD Rates » best CD rates June 2009

Best CD Rates June 2009