At Business Insider, we monitor the best banks and credit unions daily to find the highest 18-month CD rates nationwide. The best 18-month CDs can generally be found at online banks and credit unions.
The current best CD rate for a 12-month CD term is 4.55% APY from Newtek Bank. In comparison, the average rate for a 1-year CD in the U.S. is 1.81% APY (Annual Percentage Yield) according to the FDIC.
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