Highest CD Rates in Washington
Going to the other end of the nation now, we here at Highest CD Rates Info are touring Washington State to find the best CD rates in Washington for our readers there.
As usual, we’ll list rates by term and then rank them by annual percentage yield (APY) as well as include any other needed information such as minimum deposit requirements to open and maintain the account.
1 Year Term Highest CD Rates in Washington
The nation’s leader, Ally Bank, has a 2.05% APY with no minimum deposit requirement, but close behind is HomeStreet Bank with a 2.00% APY and a low $500 minimum. Seattle Bank has a 1.86% APY with a $1,000 minimum deposit required.
3 Year Term Washington CD Rates
Three contenders for the top spot in this term: Ally Bank, Bank of America, and Washington Federal Savings, all with a 2.75% APY offer. Ally has no minimum deposit requirement while the other two require $1,000 to open and maintain. Seattle Bank has a 2.55% APY with a $1,000 minimum deposit and Home Street Bank has a 2.40% APY with a $500 minimum.
5 Year Term Best CD Rates in Washington
For this term, Ally Bank is offering a 3.40% APY with no minimum deposit required. Home Street Bank ofers a 3.35% APY to compete and has a low $500 minimum deposit. Washington Federal Savings has a 3.25% APY with a $1,000 minimum deposit required.
All banks listed are FDIC insured. If any of these current CD rates appeal to you, lock yours in now as the highest CD rates change quickly.