CD Rates Remain Steady As Savers Eye Fed Rate Hike

TheStreet and RateWatch Report Top National & Regional CD Rate Issuers

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Jan 20, 2015, 03:13 ET

NEW YORK, Jan. 20, 2015 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that national averages for CD rates of all durations this week remained unchanged as the Federal Reserve continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008.

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"CD rates remain unchanged but investors are still watching the Federal Reserve, which is expected to raise rates later this year," said Scott Gamm, Reporter for TheStreet.com. "The real question is whether Europe's economic woes will delay a rate hike."

NATIONAL AVERAGE RESULTS - $10K

	This week	Last week
Money Market	0.15	0.15
1 month CD	0.11	0.11
3 month CD	0.15	0.15
6 month CD	0.23	0.23
1 year CD	0.36	0.36
2 year CD	0.56	0.56
3 year CD	0.76	0.76
4 year CD	0.95	0.95
5 year CD	1.17	1.17

* National Average is calculated using one unique rate per institution. Averages are based on Banks, Savings & Loans, Brokers and Internet Banks with assets greater than $1 Billion.

TOP RATE ISSUERS - $10K
This is a list of issuers with top interest rates. The issuer's Financial Strength Rating is an independent, unbiased evaluation of quarterly regulatory statements. Institutions are assigned a letter grade of A-E with "A" representing the highest rating based on a review of many aspects of financial safety including capitalization, asset quality, profitability and liquidity. For more information, visit www.weissratings.com/help/what-our-ratings-mean.aspx. Information is believed to be accurate, but not guaranteed.

Money Market	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Salem Five Direct	B	1	1.050
800-850-5000
www.salemfivedirect.com
First NBC Bank	B-	10000	1.010
504-671-3550
www.firstnbcbank.com
CrossFirst Bank	C+	1	1.000
316-925-4800
www.crossfirstbank.com
Sallie Mae Bank	A-	1	0.900
877-346-2756
www.salliemaebank.com
Ally Bank	A-	1	0.850
877-247-2559
www.ally.com
1 Month CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Great Southern Bank	B	250	0.500
417-888-4316
www.greatsouthernbank.com
Beal Bank USA	B-	1000	0.400
702-598-3500
www.bealbank.com
Umbrellabank.com	C	1000	0.400
866-862-7355
www.umbrellabank.com
Beal Bank, SSB	C	1000	0.400
619-894-8066
www.bealbank.com
Carter Bank & Trust	C+	2500	0.400
276-632-2901
www.carterbankandtrust.com
3 Month CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Beal Bank USA	B-	1000	0.510
702-598-3500
www.bealbank.com
Umbrellabank.com	C	1000	0.510
866-862-7355
www.umbrellabank.com
Institution for Savings In Newburyport	B	1	0.500
978-462-3106
www.institutionforsavings.com
Great Southern Bank	B	250	0.500
417-888-4316
www.greatsouthernbank.com
Doral Bank	E+	500	0.500
850-914-2525
www.doralbankflorida.com
6 Month CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Atlas Bank, a division of Kearny Federal Savings	C-	2500	1.010
718-768-4800
www.atlasbank.com
Doral Bank	E+	500	0.950
850-447-3000
www.doralbankflorida.com
Beal Bank USA	B-	1000	0.750
702-598-3500
www.bealbank.com
GE Capital Bank	A	500	0.700
801-517-5000
www.gecapitalbank.com
Colorado Federal Savings Bank	B-	5000	0.700
877-484-2372
www.coloradofederalbank.com
1 Year CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Bank Direct	B-	10000	1.170
877-839-2737
www.bankdirect.com
Synchrony Bank	C+	2000	1.150
866-869-4671
www.myoptimizerplus.com
Sallie Mae Bank	A-	2500	1.150
877-346-2756
www.salliemaebank.com
Nationwide Bank	B	10000	1.140
877-422-6569
www.nationwide.com
GE Capital Bank	A	500	1.100
801-517-5000
www.gecapitalbank.com
2 Year CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Nationwide Bank	B	10000	1.330
877-422-6569
www.nationwide.com
GE Capital Bank	A	500	1.300
801-517-5000
www.gecapitalbank.com
Doral Bank	E+	500	1.300
850-447-3000
www.doralbankflorida.com
Flushing Commercial Bank	B-	5000	1.300
718-512-2929
www.flushingbank.com
Ally Bank	A-	1	1.290
877-247-2559
www.ally.com
3 Year CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
First NBC Bank	B-	10000	1.510
504-671-3550
www.firstnbcbank.com
Oritani Savings Bank	A-	1000	1.500
201-664-5400
www.oritani.com
Capitol Federal Savings Bank	B	1000	1.500
785-235-1341
www.capfed.com
Boiling Springs Savings Bank	B-	1000	1.500
201-939-6600
www.bssbank.com
Nationwide Bank	B	10000	1.500
877-422-6569
www.nationwide.com
4 Year CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
Morton Community Bank	B+	1000	2.050
309-266-5337
www.hometownbanks.com
Manito Community Bank	B+	1000	2.050
309-968-6819
www.hometownbanks.com
Fairbury-Cropsey Community Bank	B+	1000	2.050
815-692-4000
www.hometownbanks.com
Farmington Community Bank	B+	1000	2.050
309-245-2446
www.hometownbanks.com
Citizens National Bank	B+	1000	2.050
309-833-4551
www.citizensnational.net
5 Year CD	Financial Strength Rating	Minimum to Earn Interest ($)	APY (%)
CIT Bank	B	1000	2.300
801-412-6800
www.bankoncit.com
Barclays Bank Delaware	C	1	2.250
888-710-8756
www.banking.barclaysus.com
GE Capital Bank	A	500	2.250
801-517-5000
www.gecapitalbank.com
Republic Bank of Chicago	C-	1000	2.250
773-581-4500
www.republicebank.com
Northfield Bank	B	2500	2.250
718-448-1000
www.enorthfield.com

Financial Strength Rating: A=Excellent, B=Good, C=Fair, D=Weak, E=Very Weak, U=Unrated
Plus sign "+" = top of range, Minus sign "-" = bottom of range

Data is surveyed weekly with averages calculated each Monday afternoon from RateWatch's unbiased national interest rate survey of over 97,000 financial institution locations across the United States. National Average is calculated using one unique rate per institution. Averages and Top Rate Issuers are based on Banks, Savings & Loans, Brokers and Internet Banks with assets greater than $1 Billion.

About RateWatch
For over 20 years, RateWatch has been the premier provider of competitive interest rate and product information to financial institutions across the United States. Consistently providing top quality, highly relevant data RateWatch maintains the largest database in the industry with deposit, loan, and fee information monitoring over 97,000 locations. Rate surveys, product comparisons, financial strength reporting, local/regional/national averages, fee reporting, specialty reports and more are available. To learn more about RateWatch, visit www.rate-watch.com. RateWatch is a division of TheStreet, Inc.

About TheStreet
TheStreet, Inc. (www.t.st) is the leading independent digital financial media company providing business and financial news, investing ideas and analysis to personal and institutional investors worldwide. The Company's portfolio of business and personal finance brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, MainStreet and RateWatch. To learn more, visit www.thestreet.com. The Deal, the Company's institutional business, provides intraday coverage of mergers and acquisitions and all other changes in corporate control. To learn more, visit www.thedeal.com.

Contact: Scott Gamm, TheStreet, Inc., Scott.Gamm at thestreet.com

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