Best Melbourne, FL CD Rates: 12-Month Term
If you’re not satisfied by the interest rates banks and credit unions are offering on 6-month CDs right now, lengthening the term a bit can help you get better offers. 12-month, or 1-year, certificates of deposit generally provide higher interest rates than shorter-term CDs. If you’re willing to keep your money on deposit for this long, a 12-month CD could be a great choice for you.
Today’s 1-Year CD Rates in Melbourne, FL
To get a better idea of what currently available, here’s a look at the highest, lowest and average 12-month CD rates in Melbourne right now:
Number of Accounts Available: 7
Highest Rate: 0.95% APY
Lowest Rate: 0.65% APY
Average Rate: 0.75% APY
Where the Highest 12-Month CD Rates are Located
The following are the local Melbourne banks and credit unions that are currently offering the highest 12-month CD interest rates:
- Central Florida Postal Credit Union: 0.95%
- Coastal Bank: 0.95%
- Grand Bank & Trust of Florida: 0.75%
- Space Coast Credit Union: 0.65%
- Seacoast National Bank: 0.65%
These rates are accurate as of 5/10/11 but are subject to change at any time. To view up-to-date CD rates across all terms, visit our Melbourne CD Rates page.
