Best 5 Year CD Rates
This is a list of the best 5 Year CD rates that are currently available to most customers across the nation. The best last week is still the best this week from USAA. This is a rate of 3.31% APY for their 5 year CD. The minimum deposit for this rate is $175,000.
For those investors that do not have that much, they also offer a 5 year CD with an APY of 3.00%. For this CD, the minimum deposit is $1000. These rates were effective July 9, 2010, and are still current as of July 19, 2010.
A CD within reach of most investors that has a great rate is from Melrose Credit Union. With a minimum deposit of $500, anyone can receive an APY of 3.29% on a 5 year SC. The SC is a shared certificate which is a credit union’s version of a CD.
What is unique about this CU is anyone who is a resident in America is being accepted as a member at this time. This might not last forever, but right now anyone can join.
The next best rate is from Astoria Bank, in the New York City Metro area. They currently have a 5 year CD with an APY of 3.05%. This is with a minimum deposit of $500. The rate was posted on July 13, 2010, and was still current as of July 19, 2010.
There are 4 financial institutions that offer a 5 year CD with an APY of 3.00%. These are Salle Mae, Stonebridge Bank, USAA Bank, and Discover Bank. The minimum deposit amounts are $1, $500, $1000, and $2500, respectively.
Each of these financial institutions has online banking services available, if you wish to open an account.
These are the best 5 Year CD rate for the week of July 19, 2010.
For additional resources involving financial help, please view Socially Responsible ETF List on this website. On our sister site, there are CD rates from a bank in M&T CD Rates.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember – the bigger the risk, the larger the reward or loss. Invest with caution.
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