Top CD Rates for November 1, 2025 – Noticeable Drop in 2-Year CD Yields

Highlights to Know

• The highest 2-year CD rate, offered by First National Bank of America, has decreased to 4.29%.
• Nuvision Credit Union continues to lead with a 5.50% APY for an 8-month CD, locking in rates until mid-2025.
• There are 12 CDs nationwide offering rates at or above 5.00%, including Apple Federal Credit Union’s 5.00% 12-month CD guaranteed through November 2025.
• CD rates remain fixed for the term duration, providing a stable high yield unlike savings accounts where rates can fluctuate anytime.
• With anticipated Federal Reserve rate cuts this year and next, locking in current top CD rates is a strategic move before rates potentially decline further.

Below, find featured CD rates from our partners and an in-depth ranking of the best nationwide CDs available today.

Secure 5.50% APY Until Summer or 5.00% Until November 2025

Following the Federal Reserve’s recent rate reduction, 2-year CD yields have dropped significantly. However, Nuvision Credit Union offers a standout 5.50% APY for an 8-month term with a $5,000 maximum deposit, ideal for short-term investors seeking strong returns.

If your deposit exceeds $5,000, consider Newtek Bank’s 6-month CD at 5.25% APY or Apple Federal Credit Union’s 12-month CD at 5.00%, both providing guaranteed rates until mid-2025 or November 2025 respectively.

Long-Term CDs Offer Extended Rate Guarantees

The top 2-year CD rate fell by 21 basis points to 4.29%, while 3-year CDs remain steady at 4.10% from Customers Bank and Heartland Credit Union. For longer commitments, NASA Federal Credit Union leads 4-year CDs at 4.09%, and eight institutions offer 5-year CDs at a solid 4.00% APY.

Locking into multi-year CDs is wise amid expectations of further Federal Reserve rate cuts that will likely push rates down. Your secured CD rate remains fixed through maturity, insulating you from future declines.

Current CD Rates Still Deliver Exceptional Returns

Although CD rates have softened from last year’s peaks exceeding 6%, they remain historically robust with 12 banks and credit unions offering 5.00% or higher. This contrasts sharply with early 2022 when top CD yields ranged between only 0.50% and 1.70% APY.

Jumbo CDs Lead in Select Terms

While jumbo CDs require larger deposits, they only outperform standard CDs in two terms currently. For example, 2-year jumbo CDs from Veridian and Quorum Federal Credit Unions pay 4.35%, surpassing the standard 4.29%. Heartland Credit Union offers a 3-year jumbo CD at 4.15%, slightly above the 4.10% standard rate. In the 5-year term, Credit One Bank’s jumbo CD matches the standard 4.00% rate.

Forecast: How Much Will CD Rates Decline in 2024?

October marked the Federal Reserve’s first rate cut since March 2020, a significant 0.50 percentage point reduction after 11 hikes over 2022-2023. Fed Chair Jerome Powell emphasizes a data-driven approach to future rate adjustments, indicating further cuts depend on economic performance.

Market expectations strongly favor additional rate cuts in November and December 2024, with over 96% of traders anticipating a 0.25% cut in November and 84% expecting another in December.

Given these trends, current CD rates may represent some of the best opportunities before further declines. Locking in rates now is a prudent financial strategy.

Daily Updated Rankings of Top CDs and Savings Accounts

Our daily updates track the highest yields across various CD terms and savings products nationwide, including:

• 3-Month CD Rates
• 6-Month CD Rates
• 1-Year CD Rates
• 18-Month CD Rates
• 2-Year CD Rates
• 3-Year CD Rates
• 4-Year CD Rates
• 5-Year CD Rates
• High-Yield Savings Accounts
• Money Market Accounts

Important Notes

Our "top rates" reflect the highest nationally available APYs identified through extensive daily research of hundreds of banks and credit unions, distinct from national averages that include all institutions, many paying minimal interest. Shopping around can reveal rates 5 to 15 times higher than averages.

Our Methodology for Identifying Best CD Rates

Each business day, we analyze rate data from over 200 federally insured banks and credit unions offering CDs nationwide. To qualify, institutions must be FDIC or NCUA insured, offer CDs with minimum deposits not exceeding $25,000, and have maximum deposits no less than $5,000. Banks must serve at least 40 states, and credit unions with donation requirements over $40 are excluded.

For full details on our selection process, please refer to our comprehensive methodology documentation.

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