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All CDs are not created equal.
If you are thinking about opening a Deposit CertificateIt pays to shop around. Large banks are not the only places that offer large rates – often find the top APYS By expanding your search to online banks and credit unions.
Currently, the highest apY for CDs, the highest APY, 4.40%, which we follow in CET and is generally offered by a one-year CD of the Federal Credit Union. To give you an opinion on how much the net you can have, you have a review of your interests if you put a variety of deposits on this account.
Read more: The best CD ratios for May 2025: Increase your deposits up to 4.50% high
How much can you earn with the Federal Credit Union with a 1-year CD on the community scale
Your return will vary for how much you put on this CD. The minimum savings community is $ 1,000 in the community-scale, so it is what you can earn this and another amount.
| Period | The amount deposited | Get loose | Interest in earned | Adulthood |
|---|---|---|---|---|
| 1 year | $ 1,000 | 4.40% | $ 44.00 | $ 1,044.00 |
| 1 year | $ 2,000 | 4.40% | $ 88.00 | $ 2,088.00 |
| 1 year | $ 5000 | 4.40% | $ 220.00 | $ 5.220.00 $ |
| 1 year | $ 10,000 | 4.40% | $ 440.00 | $ 10,440.00 |
On May 23, 2025, APS, based on the banks we watched in CNET. Gains are based on APYS and are of interest every year.
Other CD terms
Communitywide The Federal Credit Union offers seven different CD terms from six to five years to five years and offers all competitive apies. How much can you earn in each of you if you deposit $ 2,000:
| Period | Get loose | Won a $ 2,000 deposit | Adulthood |
|---|---|---|---|
| 18 months | 4.20% | $ 127.31 | $ 2,127.31 |
| 24 months | 4.00% | $ 163.20 | $ 2,163.20 |
| 36 months | 3.80% | $ 236.77 | $ 2,236.77 |
| 48 months | 3.60% | $ 303.93 | $ 2,303.93 |
| 60 months | 3.40% | $ 363.92 | $ 2,363.92 |
On May 23, 2025, APS, based on the banks we watched in CNET. Gains are based on APYS and are of interest every year.
Earnings with other high interest rates
Communitywide Federal Credit Union can be the best CD on our list, but other banks and credit unions offer competitive rates and find a better fit for your needs. Here’s some other accounts to take into account and where you will find out.
| Period | Bank | Get loose | Won a $ 2,000 deposit | Adulthood |
|---|---|---|---|---|
| 1 year | Nexbank | 4.35% | $ 87.00 | $ 2,087.00 |
| 1 year | Limelight Bank | 4.30% | $ 86.00 | $ 2,086.00 |
| 1 year | CFG Bank | 4.15% | $ 83.00 | $ 2,083.00 |
| 1 year | Capital | 4.00% | $ 80.00 | $ 2,080.00 |
On May 23, 2025, APS, based on the banks we watched in CNET. Gains are based on APYS and are of interest every year.
How to choose the right CD for you
APY is not the only thing you should think when comparing CDs. You must also consider to find the best account for you:
- When you need money: To get the highest turn, you should keep your money in CD for the whole term. If you take it before the CD maturity, you will pay Early withdrawal penalty Will escape your earnings. So look for a bank with CD terms that match the savings schedule.
- How much deposits you have to put: Some banks do not have minimum deposit requirements for CDs, while others require $ 500 to $ 1,000 from anywhere. If a score deposit wants more than you need to do, it remains out of the list of your choices.
- Payments: Read subtle printing to see if you will be charged with a monthly maintenance fee. Many online banks offer free CDs, but if you decide to go with a bank that pays a fee, be sure to know what it is to be surprised.
- Federal Deposit Insurance: Look for FDIC insured Bank or NCUA-insured credit union. These accounts CDs are protected for $ 250,000 per account, so your money will be safe if the organization fails.
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