Current Average Certificate of Deposit Rates in Philadelphia, PA

Having a solid understanding of the interest rates available from banks and credit unions near you is very important if you expect to hold high-earning accounts. Philadelphia Banking Rates has compiled a list of the average CD rates in Philadelphia by term, so you can gauge the competitiveness of your own accounts or have a benchmark for comparison if you are interested in opening a new CD.

Average Philadelphia, PA CD Interest Rates

The following is a breakdown of the CD accounts in Philadelphia, including the highest, lowest and average rates currently available:

Six-Month CD

Total Number of Accounts Available: 45
Highest Rate on Record: 1.15% APY
Lowest Savings Account Rate: 0.1% APY

Average 6-Month CD Rate: 0.58% APY

12-Month CD

Total Number of Accounts Available: 44
Highest Rate on Record: 1.25% APY
Lowest Savings Account Rate: 0.2% APY

Average 12-Month CD Rate: 0.83% APY

Two-Year CD

Total Number of Accounts Available: 43
Highest Rate on Record: 1.75% APY
Lowest Savings Account Rate: 0.35% APY

Average 24-Month CD Rate: 1.17% APY

You can learn more about where to get the highest CD rates in the city by visiting the 6-Month CD, 12-Month CD or 24-Month CD pages.

All of the above rates are accurate as of June 27, 2011, but are subject to change at any time.

Related Rates Articles

Best Philadelphia Banking Rates

Featured Rate
CIT Bank	1.10% Date: May 14, 2012 View Rate Details
Ally Bank	1.09% Date: May 15, 2012 View Rate Details
Highest Rates Recent Rate Changes
Public Savings Bank 2 Year CD Account	1.28% Date: Mar 14, 2012 View Rate Details
Merck Employees Federal Credit Union Savings Account	1.26% Date: May 8, 2012 View Rate Details
Cecil Bank 2 Year CD Account	1.25% Date: May 4, 2012 View Rate Details
Hyperion Bank 2 Year CD Account	1.20% Date: May 16, 2012 View Rate Details
The Bank of Princeton 2 Year CD Account	1.20% Date: May 3, 2012 View Rate Details
Union Center National Bank 2 Year CD Account	1.18% Date: May 4, 2012 View Rate Details
Hyperion Bank 12 Month CD Account	1.02% to 0.75% Date: May 16, 2012
Superior Credit Union 12 Month CD Account	0.90% to 0.60% Date: May 16, 2012
Polonia Bank 12 Month CD Account	0.60% to 0.50% Date: May 14, 2012
Susquehanna Bank 12 Month CD Account	0.25% to 0.20% Date: May 10, 2012
Century Savings Bank 2 Year CD Account	1.21% to 1.05% Date: May 9, 2012
Franklin Mint Federal Credit Union 12 Month CD Account	0.50% to 0.40% Date: May 8, 2012

See All Banking Rates

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