Seattle/Tacoma CD Rates Survey for the week May 21, 2012

Written by: BetterFinancePath Staff

According to a recent Primerates.com survey conducted on May 21, 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 with rates between 0.05% at U.S. Bank National (www.usbank.com), and 0.35% at Washington Federal (www.washingtonfederal.com). Meanwhile, Union Bank (www.unionbank.com) offered the highest 2-year and 5-year CDs, with rates of 1.01% and 2.00% respectively.

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%
Washington Federal 0.35% 0.50% 0.90% 1.40% 1.65% 2.00%
Columbia State Bank 0.13% 0.21% 0.34% 0.35% 0.66% 0.66%
Union Bank 0.20% 0.30% 1.01% 1.50% 1.01% 2.00%
HomeStreet Bank 0.20% 0.30% 0.45% 0.90% NA 1.25%
Opus Bank 0.25% 0.50% 0.75% 1.20% NA 1.55%
First Savings Bank Northwest 0.31% 0.56% 0.81% 1.17% 1.28% NA
Sterling Savings Bank 0.20% 0.35% 0.50% 0.75% 1.00% 1.24%

 

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.


LIKE US ON FACEBOOK   

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

Share Tweet Pin It