While named “high yielding,” you can earn only 0.05% APY on all three tiers in this account - which is lower than the national average. While Third Federal offers a wide variety of bank services, its deposit yields are a little disappointing. If you got a CD Special, it’ll renew at the non-special rate, which may not be competitive.ģ.00% (or 5.40% for the 5-month Raise Your Rate CD)ġ.50% (or 5.00% for the 11-month Special CD)ġ.50% (or 3.80% for the 29-month Special CD)ġ.50% (or 4.00% for the 49-month Special CD)ġ.50% ( or 5.50% for a 60-month Bonus CD) The CD will automatically renew when it matures if you don’t withdraw your funds and close the account within the seven-day grace period.

This makes the blended APY 4.17% and 3.90% respectively, both of which are competitive.

Both the 36- and 60-month terms offer an introductory 5.50% APY for the first year and a 3.50% APY for each year after. Bonus CDs: These are step-up CDs, meaning their rates change automatically during their terms.There are 11 terms ranging between 12 and 72 months and your options include special rates. Retirement CDs: You need only $100 to open this CD type.Special CDs: You can find six-term options starting at three months and capping at 59 months with competitive rates ranging from 3.80% to 5.00% APY.The three– and six-month terms offer the highest, 3.00% APY, while the rest, from 12- to 72-month terms, offer only 1.50% APY.

Standard CDs: Almost all 10 traditional CDs here have unimpressive yields.

While the Standard CDs aren’t worth your attention, the others could be. Third Federal has four types of CDs, most of which have a $500 minimum deposit and yields from 0.50% to 4.00% APY. You can earn up to a competitive 4.00% annual percentage yield (APY) on its special CD terms, though you’re likely to get a better deal on most CD terms at other financial institutions.Īccount details and APYs are accurate as of December 7, 2023.

Third Federal Savings & Loan provides a smorgasbord of certificate of deposit (CD) options, but only a few have attractive rates.

Cd interest rates forecast