FDIC Weekly National Rates and Rate Caps

Weekly National Rates and Rate Caps

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On May 29, 2009, the FDIC Board of Directors approved a final rule making certain revisions to the interest rate restrictions applicable to less than well capitalized institutions under Part 337.6 of the FDIC Rules and Regulations. The final rule redefined the “national rate” as a simple average of rates paid by U.S. depository institutions as calculated by the FDIC. The national rates and rate caps for various deposit maturities and sizes are provided below.

For more information. see Financial Institution Letter FIL-25-2009

Rates updated September 16, 2013

Non-Jumbo Deposits (< $100,000)

Deposit Products National Rate1 Rate Cap2
Savings 0.06 0.81
Interest Checking 0.04 0.79
Money Market 0.09 0.84
1 month CD 0.06 0.81
3 month CD 0.08 0.83
6 month CD 0.12 0.87
12 month CD 0.20 0.95
24 month CD 0.33 1.08
36 month CD 0.46 1.21
48 month CD 0.58 1.33
60 month CD 0.74 1.49

Jumbo Deposits (≥ $100,000)

Deposit Products National Rate1 Rate Cap2
Savings 0.06 0.81
Interest Checking 0.04 0.79
Money Market 0.14 0.89
1 month CD 0.07 0.82
3 month CD 0.09 0.84
6 month CD 0.13 0.88
12 month CD 0.21 0.96
24 month CD 0.35 1.10
36 month CD 0.48 1.23
48 month CD 0.62 1.37
60 month CD 0.78 1.53

The FDIC began posting the National Rate and Rate Cap on May 18, 2009. Data is not available prior to May 18, 2009. This historical data can be accessed at Previous Rates

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