CD rates for May 30, 2013

Bankrate.com

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CDs

  • 0.24% (1-year CD yields)
  • 0.77% (5-year CD yields)

Rates on certificates of deposit continued to tick down. The average one-year CD yield was down 1 basis point to 0.24 percent. The average five-year CD yield was also down 1 basis point to 0.77 percent. A basis point is one-hundredth of 1 percentage point.

On the jumbo end, the average one-year yield was unchanged at 0.27 percent. For the second week, the average five-year jumbo CD yield was at 0.8 percent. A jumbo CD is available for deposits of $100,000.

For the fifth week, the average money market account yield remained at 0.11 percent.



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