Highest CD Rates for Today, June 5, 2025: Secure 4.65% Interest Rate Until December, or Opt for 4.50% Rate Extending to 2027

Savvy savers, listen up! Today's top CD rates are straight fire, and we've got the scoop on where to find them. If you're looking to earn some serious cash and secure your funds for an extended period, here's what you need to know:

PenAir Credit Union just dropped a bombshell offer, giving CD shoppers a sweet 4.50% rate that's locked in for a jaw-dropping 21 months! But that's not all, as 14 other CDs are offering the same mind-blowing rate. Impressive, right?

Want the nation-leading CD rate? Look no further than Technology Credit Union, where you can enjoy a whopping 4.65% APY for just 6 months! And if you prefer a longer term, Newtek Bank has got you covered with a 4.60% rate for a solid 9 months.

If you're down for a longer commitment, truck your hard-earned cash into a 3 to 5-year CD and secure 4.28% to 4.32%! Remember, the Fed ain't planning on cutting rates anytime soon, so today's top CD rates might just be the best we'll see for a while.

Time to put your money where your mouth is? Check out these killer rates from our partners and our ranking of the best CDs across the nation:

🔒💎 4.65% for 6 Months or 4.50% Until March 2027 - Technology Credit Union🔒💎 4.50% for 21 Months - PenAir Credit Union (brand spanking new offer!)🔒💎 4.60% for 9 Months - Newtek Bank🔒💎 4.50% for 3, 6, 12, and 18 months - PonceBankDirect, Abound Credit Union, Vibrant Credit Union

Now, let's address the elephant in the room. Some folks out there worry that their money isn't safe in an online bank or credit union. Well, fear not! Your deposits at any FDIC-insured bank or NCUA credit union are federally insured, meaning you're protected by the almighty U.S. government in the unlikely event that the institution bites the dust. Plus, the coverage is identical, with deposits insured up to $250,000 per person and per institution, no matter the size of the bank or credit union.

Want your rate locked in even further into the future? Check out Genisys Credit Union's sexy 4.32% APY on a 30-month offer. Savers who can stash their cash away for even longer might like Lafayette Federal Credit Union's leading 4-year and 5-year certificates, which offer a sweet 4.28% APY that can take you all the way to 2030!

Multi-year CDs are a wise choice given the possible Fed rate cuts expected in late 2025 and potentially 2026. The central bank chopped the federal funds rate by a full percentage point last fall and may start cutting rates again in the coming months. As any interest rate reductions from the Fed will push bank APYs lower, a CD rate you secure now will be yours to enjoy until it matures.

Stay tuned for our analysis on how Friday's jobs report could impact your savings and CD strategy!

[References][1] Fed Rate Hikes: https://www.investopedia.com/terms/f/fedfundsrate.asp[2] Newtek Bank CD Rates: https://www.newtekbusinesscredit.com/banking/certificate-of-deposit-cd/[3] Fed Rate Cuts: https://www.cnbc.com/2023/05/04/fed-rate-cuts-unfazed-by-resilient-jobs-report-but-forecasters-expect-further-slowing.html[4] OMB Bank CD Rates: https://www.ombbank.com/rates/certificate-of-deposit[5] Best CD Rates: https://www.investopedia.com/best-cd-rates/#cds

To secure a higher return on personal-finance investments, one might consider purchasing a token in an Initial Coin Offering (ICO) in the finance sector, as these offerings can sometimes provide substantial returns, similar to the high interest rates found in Certificates of Deposit (CDs).
For those looking beyond CDs for their personal-finance management, it's important to note that the Fed's potential rate cuts in late 2025 and 2026 could impact the interest rates on various financial products, including CDs. Therefore, careful consideration of the potential risks and rewards is essential when choosing a long-term investment strategy.

Highest CD Rates for Today, June 5, 2025: Secure 4.65% Interest Rate Until December, or Opt for 4.50% Rate Extending to 2027