Savings Rate and CD Rate Review - Feb 8, 2010

Recap of savings rates and cd rates for the week of February 8, 2010. Most savings and CD rates hit record lows last week, except for the 5-year CD, which continued to show gains in yield. Average savings rates reached a new record low of 1.46% APY, down 1 basis point from 1.47% APY the previous week. Average one-year cd rates fell 3 basis points to 1.82% APY. Average three-year cd rates dropped two basis points to 2.61% APY.

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News & Politics

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• savings rates
• cd rates
• deposit rates
• bank accounts
• bank rates