So, What's the Scoop on CD Rates Right Now?
Current highest CD Rates as of June 18, 2025: Secure a 4.28% Interest Rate over 3 to 5 years; Seize the Opportunity Now
Well, as of mid-June 2025, CD rates in the US have taken a little dip, but they're still pretty darn impressive! They're ranging roughly from 3.50% to 4.60% APY across various terms.
If you're looking to park your cash in the short term, say for 3 months up to a year, then you're in luck! Short-term CDs are offering some of the most buzz-worthy rates, with top APYs knocking on the door of 4.60%!
Although, if you're thinking long-term, like 5-year CDs, you'll find rates that are slightly lower but still worth a look. On the positive side, NASA Federal Credit Union recently gave those certificates a little boost, raising 1-year share certificate rates by 0.10 percentage points.
For a peek at recent interest rates by term, here's a quick rundown:
| Term | Top APY (June 2025) ||---------------|----------------------|| 3-month CD | ~4.50% || 6-month CD | 4.51% || 1-year CD | 4.45% || 18-month CD | 4.30% || 5-year CD | Around 4.15%-4.45% |
Worth noting, though: These top rates are a far cry from what one-year CDs offered at the start of 2024, which were sky-high at around 5.66% APY! The drop in rates throughout 2024 was mainly thanks to multiple Federal Reserve rate cuts aimed at taming inflation. But since early 2025, the Fed's kept its benchmark rate nice and steady, which has slowed the pace of CD rate decreases.
Historically, current rates are higher than typical pre-rate-hike cycles, though they've cooled down from the peak levels seen back in late 2023 and early 2024. The Fed's steady policy in 2025 reflects a delicate balance between reining in inflation and maintaining economic stability, thus keeping CD rates pretty much where they are around current levels.
Moral of the story? If you're into hoarding cash and earning some decent interest, short-term CDs are where it's at. And don't forget to compare offers across banks and credit unions — you might just find the perfect match for your nest egg!
Engaging in personal-finance strategies, one might find investing in short-term CDs an attractive proposition, as they currently offer impressive returns, with top APYs nearing 4.60%. Meanwhile, for those considering long-term investments, 5-year CDs still offer competitive rates, despite being slightly lower, and even offer a slight increase, as demonstrated by NASA Federal Credit Union's recent boost of 1-year share certificate rates.
