Highest CD Rates Available on June 11, 2025 - Opportunity for Savers to Secure 4.50% or More
excited about the latest Certificate of Deposit (CD) offers on the market? Here's the scoop!
Rising Bank just dropped a fresh 6-month CD, boasting a whopping 4.51% Annual Percentage Yield (APY). In case you're chasing that top spot, Newtek Bank still holds the crown with their 9-month term offering a steady 4.60% APY, valid until March 2026.
Quite a few CDs are offering a handsome 4.50% rate, whether you're looking for a quick 3-month commitment with PonceBankDirect or something more long-term like a 21-month term from PenAir Credit Union, which extends your rate all the way until March 2027.
It's looking unlikely that the Fed will cut rates in the near future, but watch out for potential reductions later this year. Should that happen, you'll be glad you secured a competitive rate with a CD!
If you want to secure a rate further into the future, consider longer-term CDs from providers like Genisys Credit Union, promising a 4.32% APY on a 30-month term, or Lafayette Federal Credit Union who's offering a consistent 4.28% APY on all their certificates from 7 months to 5 years–meaning you could enjoy that rate all the way until 2030!
Multi-year CDs seem like a smart move right now, given the possibility of Fed rate cuts later in 2025 and perhaps also in 2026. Though any interest-rate reductions from the Fed affect bank APYs, the rate you secure now will be yours to enjoy until it matures.
Despite the slight dip from the peak, the best CDs out there are still an outstanding opportunity for savers. In October 2023, the highest CD rates peaked at 6%, while today's leading rate is a respectable 4.60%. Compared to early 2022, when the most you could earn from the best CDs in the country ranged from just 0.50% to 1.70% APY, today's top offers pack a strong punch!
Jumbo CDs are another option for savers with larger deposits, offering higher rates in four of the eight CD terms we track. Institutions are offering higher jumbo rates in the 17-month, 3-year, 4-year, and 5-year terms. Always remember to compare both standard and jumbo CD offerings when shopping for the best deals.
With more Fed rate cuts possibly arriving later this year, it seems that today's CD rates might be the best you'll see in a while–making now a great time to lock in the best rate that suits your personal timeline.
Remember, your deposits with any federally insured bank or credit union are protected, so go ahead and find the perfect CD for you! Happy saving!
If you're keen on securing a high-yield CD for a longer period, consider multi-year CDs from providers like Genisys Credit Union, promising a competitive 4.32% APY on a 30-month term. Alternatively, personal-finance enthusiasts might find Lafayette Federal Credit Union's consistent 4.28% APY on certificates from 7 months to 5 years an attractive choice, as it extends well into 2030.
