Over the past month the best 2 year cd rates have not change even though the average returns on a 24 month certificate of deposit plunged to record lows.
In September the top rates ranged from 2.50% APY to 2.40% APY, the same as in the new October ratings that have just been released.
Here are the best deals nationally on the 24 month CDs:
2.50 APY from Hudson City Savings Bank with a minimum deposit $5,000. If you live near one of their branches in New Jersey, New York or Connecticut your minimum deposit drops to $500.
2.50 APY from Frontier Bank with a minimum deposit of $50,000 for “Silver CDs” which has 50 branches in Washington and Oregon.
2.40% APY from Frontier Bank with a minimum deposit of $500.
2.40% APY from Equity Bank in Dallas Texas with a minimum deposit of $1,000.
Check out the best CD rates currently from dozens of other banks as rates change all of the time.