Seattle/Tacoma CD Rates Survey for the week March 5, 2012

Written by: BetterFinancePath Staff

According to a recent Primerates.com survey conducted on March 5, 2012 of Seattle/Tacoma CD rates offered by the area banks & credit unions, Seattle/Tacoma’s largest financial institutions offered short-term savers 6 month CD’s between rates of 0.05% at U.S. Bank National (www.usbank.com), and 0.35% at Washington Federal (www.washingtonfederal.com). Union Bank (www.unionbank.com) is offering the highest 2-year CD rate, with 1.01% CD, while Washington Federal (www.washingtonfederal.com) is providing you with the highest 5-year CD rate, with 2.25% CD.

CD’s are typically insured up to $250,000 by the FDIC. As CD’s mature, banks typically re-price the rates on deposits. Make sure that you track when your CD’s mature so that you can roll them over into new CD’s and keep your money working as hard as possible.

 

Banks 6 month 1 year 2 year 3 year 4 year 5 year
U.S. Bank National 0.05% 0.10% 0.40% 0.55% 0.80% 1.15%
JPMorgan Chase 0.15% 0.20% 0.30% 0.35% 0.35% 0.75%
KeyBank National 0.10% 0.10% 0.15% 0.20% 0.25% 0.40%
Washington Federal 0.35% 0.50% 1.00% 1.50% 1.75% 2.25%
Columbia State Bank 0.15% 0.22% 0.36% 0.38% 0.70% 0.70%
Union Bank 0.20% 0.30% 1.01% 1.50% 1.01% 2.00%
HomeStreet Bank 0.20% 0.30% 0.45% 0.75% NA 1.25%
Opus Bank 0.30% 0.60% 0.75% 1.40% NA 1.75%
First Savings Bank Northwest 0.31% 0.66% 0.82% 1.17% 1.28% NA

 

Rates from banks, thrifts and credit union were posted on their websites on the date indicated for a $10,000 certificates of deposit meeting the specific holding requirement. Data is believed accurate at time of collection, can change without notice, and will vary. Contact a specific institution for current rates.


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Seattle/Tacoma CD Rates Survey for the week March...

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