Comparing CD Rates: National Leader at 6.00% Faces New 5.88% Runner-Up
TL;DR Summary
West Town Bank & Trust offers a new CD rate of 5.88% APY on a 7-month term, becoming the nationwide runner-up, while Securityplus Federal Credit Union maintains the top spot with an 8-month CD rate of 6.00% APY. There are 12 additional CDs paying between 5.75% and 5.80% APY. Markets anticipate the Federal Reserve will maintain interest rates, suggesting CD rates may not climb higher and could start declining.
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