Nationwide CD Rates: 4.60% Leader and 13 Offers of 4.50% APY

Newtek Bank offers the nation-leading CD rate of 4.60% for a 9-month term, while 13 other CDs offer 4.50% APY with terms ranging from 3 to 21 months. Lafayette Federal Credit Union offers 4.28% APY for 3 to 5 years, locking in the rate until June 2030. The Fed is unlikely to cut rates soon, but reductions could arrive later this year.

Investors are currently presented with an attractive opportunity to secure high yields through Certificate of Deposit (CD) offerings, with some institutions offering up to 4.60% Annual Percentage Yield (APY). This surge in CD rates reflects a favorable environment for savers looking to maximize their returns in a low-risk investment vehicle [1].

Newtek Bank leads the pack with a 9-month CD offering a 4.60% APY, providing investors with a rate lock that extends into 2026. This term is particularly appealing for those seeking a balance between liquidity and higher returns. United Fidelity Bank also stands out with competitive rates, offering 4.55% APY on a 6-month CD and other terms that cater to varying investment horizons [1].

The appeal of CDs lies in their stability and predictability, making them an attractive option for risk-averse investors. With the Federal Reserve planning to cut rates twice in 2025, locking in current high rates through CDs can be a strategic move to safeguard against potential future rate reductions. This environment encourages savers to consider CDs as a means to secure higher yields while the opportunity persists [1].

In addition to traditional banks, credit unions are also offering competitive rates. In Texas, for instance, top-performing 1-year CDs are yielding as much as 4.35%, with some credit unions providing promotional rates above 4.5% for new members. This trend underscores the importance of shopping around for the best rates, as regional variations and promotional offers can significantly impact returns [1].

For those with shorter investment horizons, 3-month CDs are also available at attractive rates. PonceBankDirect leads this category with a 4.50% APY, followed closely by Dow Credit Union, Popular Direct, and Merrick Bank, each offering 4.40% APY. These short-term CDs provide flexibility for investors who may need access to their funds sooner [1].

The current landscape of CD rates presents a compelling case for investors to consider these instruments as part of their portfolio. With rates as high as 4.60% APY, CDs offer a reliable way to earn competitive returns with minimal risk. As economic conditions and Federal Reserve policies continue to evolve, savers should remain vigilant and take advantage of the current high rates while they last [1].

References:
[1] https://www.ainvest.com/news/certificates-deposit-yield-4-60-apy-rates-surge-2506/