Top CD Rates Rise, but 1-Year Rate Declines Amid Ongoing Fed Uncertainty

The top CDs nationwide have changed, with the top 18-month and 4-year rates rising to 4.45% and 4.40%, respectively. Meanwhile, the top 1-year CD rate slipped from 4.55% to 4.50%. The top-paying CD nationwide remains Northern Bank Direct's 6-month offer at 4.60% APY, while NASA Federal Credit Union's new 9-month CD offers 4.59% APY.

As of June 19, 2025, the top certificate of deposit (CD) rates nationwide have seen notable changes. The 18-month and 4-year rates have risen, while the top 1-year CD rate has slipped slightly. Here's a detailed look at the current top CD rates:

Top CD Rates as of June 19, 2025

- 6-Month CD: The top rate remains at 4.60% APY, offered by Northern Bank Direct.
- 1-Year CD: The top rate has decreased from 4.55% to 4.50% APY. The top offer is now from Abound Credit Union, though Pelican State Credit Union offers a nearly identical rate of 4.49% APY for a 12-month term.
- 18-Month CD: The top rate has increased from 4.30% to 4.45% APY. This is now offered by NASA Federal Credit Union on a 15-month duration.
- 4-Year CD: The top rate has risen from 4.28% to 4.40% APY. This is now offered by NASA Federal Credit Union on a 49-month term.

Key Observations

The changes reflect a dynamic market influenced by recent Federal Reserve actions. The Federal Reserve's rate cuts in 2024 led to a quick fall in CD rates, which have since leveled off in 2025. The anticipation of further rate cuts this year could make securing a high-rate CD now a strategic move.

CD Rates and the Federal Reserve

The Federal Reserve's decisions to hold rates steady at its 2025 meetings have provided a temporary reprieve for CD rates. However, the possibility of additional rate cuts later in 2025 and 2026 could push CD rates lower in the future. Securing a high-rate CD now can provide a guaranteed return for several years.

Recommendations for CD Shoppers

Investors looking to secure high rates should consider locking in their CDs now, especially with the anticipation of future rate cuts. Longer-term CDs, such as those with 3, 4, or 5-year terms, offer an even longer guarantee of high APYs. For instance, NASA Federal Credit Union's 4-year CD offers 4.40% APY.

Conclusion

The top CD rates nationwide have seen shifts in the past few months, with 18-month and 4-year rates rising while the top 1-year rate has slipped. Investors should seize this opportunity to secure high-rate CDs before potential future rate cuts. For the most up-to-date and comprehensive lists of top-paying CDs, consult financial resources such as Investopedia and NerdWallet.

References

[1] https://www.investopedia.com/top-cds-today-july-1-2025-18-month-and-4-year-yields-rise-but-best-1-year-rate-ticks-lower-11764147
[2] https://www.nerdwallet.com/best/banking/6-month-cd-rates
[3] https://fortune.com/article/cd-rates-6-27-25/