California Banking Rates

Highest California 12-Month CD Rates

Now that May is over and we’re well into June, it’s a great time to reexamine current CD rates in California and find out if any of the local financial institutions have adjusted their rates. We’ve compiled information regarding today’s CD rates in California for a 12-month (1 year) term, so check them out and see whether you’re still earning a competitive rate or if it’s time to change accounts.

Current 12-Month CD Rates in California

There are a total of [accountcount type=”12″] CD accounts available in California for a term of 12 months. Out of all these accounts, the average rate is [accountaverage type=”12″] APY. The lowest rate we have on record right now [accountlist type=”12″ order=”asc” count=”1″ bankname=”off”] APY. So where can you get the best California 12-month CD rate?

Bank with Highest Rate in California: There are likely several community banks near where you live, which is a great place to find top interest rates on deposit accounts, including certificates of deposit. Currently the highest bank 1-year CD rate can be found at [accountlist type=”12″ order=”desc” count=”1″ bankname=”on” banktype=”bank”] APY.

California Credit Union with Best Rate: Credit unions often have the very best rates out of all financial institutions. Though you must be a member of a credit union to open an account, many offer wide fields of membership. The credit union in California with the highest 12-month CD rate today is [accountlist type=”12″ order=”desc” count=”1″ bankname=”on” banktype=”credit union”] APY.

Please note that the above rates are accurate as of June 8, 2011 but are subject to change at any time. Contact individual financial institutions to verify rates before opening an account. Additionally, you can view the most up-to-date interest rate information for these accounts by visiting the California 12-Month CD Rates page.