CD Rates California
Since many of our readers are from California, we here at High CD Rates Info thought it pertinent to look at CD rates California for you. We will also compare them to national rates, however, so that you can decide for yourself which you’d prefer.
California CD rates as well as the nationally-available rates we list here assume a 1-year term complying with any rules required (such as attached savings, checking, etc., which is uncommon). Minimum deposits required will be listed as well. All rates are annual percentage yield (APY) numbers.
For a California CD, the best rate is currently First Federal Bank of California with an APY of 2.45% and a $500 minimum deposit, while La Jolla Bank has a 2.35% CD rates California with a minimum deposit of $10,000.
Nationally, GMAC Bank (Utah) delivers an APY of 2.85% versus the best California CD rates. Corus Bank (Illinois) is yielding 2.81% APY with a $10,000 deposit.
Overall, California CD rates are lower than those available nationally, largely because average yields for CD rates California dipped a basis point (1/100%) and have been doing so regularly. For example, the average California CD rates today are 1.53% while six months ago they were 3.19% APY.
As always, CD rates California or anywhere else are subject to change and should be watched closely if you wish to get the best rate available. Not every CD is a good investment, of course, and California CD rates could change tomorrow or next week without notice.