Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2024, and it just announced its first rate cut of 2025, so now could be your last chance to lock in a competitive CD rate before rates fall further. CD rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers. ...

Core Insights - The Federal Reserve has cut its federal funds rate three times in 2024 and announced its first rate cut for 2025, indicating a potential decline in competitive CD rates in the near future [1] - The highest CD rates currently available are around 4.1% APY, primarily offered by online banks and credit unions for shorter terms [2] CD Rates Overview - As of October 25, 2025, the best CD rates are 4.1% APY, available from Marcus by Goldman Sachs (14-month CD), Sallie Mae (15-month CD), and Synchrony (6-month CD) [2] - The interest earned from a CD is determined by the annual percentage rate (APY), which reflects total earnings after one year, factoring in the base interest rate and compounding frequency [2] Interest Earnings Example - An investment of $1,000 in a one-year CD at 1.70% APY would yield a total balance of $1,017.13 after one year, while a 4% APY would result in a balance of $1,040.74 [3] Deposit Impact on Earnings - A deposit of $10,000 in a one-year CD at 4% APY would grow to $10,407.42 at maturity, resulting in $407.42 in interest earned [4] Types of CDs - Various types of CDs offer different benefits, including: - **Bump-up CD**: Allows for a one-time request to increase the interest rate if rates rise during the term [4] - **No-penalty CD**: Enables early withdrawal without penalties [4] - **Jumbo CD**: Requires a higher minimum deposit (typically $100,000 or more) and may offer higher rates [4] - **Brokered CD**: Purchased through a brokerage, potentially offering higher rates but with increased risk and possible lack of FDIC insurance [4]

Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2024, and it just announced its first rate cut of 2025, so now could be your last chance to lock in a competitive CD rate before rates fall further. CD rates vary widely across financial institutions, so it’s important to ensure you’re getting the best rate possible when shopping around for a CD. The following is a breakdown of CD rates today and where to find the best offers. ...

Core Insights - The Federal Reserve has cut its federal funds rate three times in 2024 and announced its first rate cut for 2025, indicating a potential decline in competitive CD rates in the near future [1] - The highest CD rate available as of October 11, 2025, is 4.1% APY offered by Marcus by Goldman Sachs for a 14-month CD, with shorter-term CDs generally providing the best rates [2] - The interest earned from a CD is influenced by the annual percentage rate (APY) and the frequency of interest compounding, with examples illustrating the difference in earnings based on varying APYs [3] CD Rates Overview - Best CD rates are currently found in shorter terms, particularly from online banks and credit unions [2] - A $1,000 investment in a one-year CD at 1.70% APY would yield a total of $1,017.13, while a 4% APY would result in $1,040.74 [3] Deposit Impact - The amount deposited in a CD directly affects the total interest earned; for instance, a $10,000 deposit in a one-year CD at 4% APY would grow to $10,407.42, earning $407.42 in interest [4] Types of CDs - Various types of CDs offer different benefits, including: - Bump-up CD: Allows for a one-time request for a higher interest rate if rates increase during the term [4] - No-penalty CD: Enables early withdrawal without penalties [4] - Jumbo CD: Requires a higher minimum deposit (typically $100,000 or more) and may offer higher rates [4] - Brokered CD: Purchased through a brokerage, potentially offering higher rates but with increased risk and possible lack of FDIC insurance [4]

Core Insights - The Federal Reserve has cut its federal funds rate three times in 2024 and announced its first rate cut for 2025, indicating a potential decline in competitive CD rates in the near future [1] - The best CD rates are currently found in shorter terms, particularly around one year or less, with online banks and credit unions leading in offering competitive rates [2] Summary of CD Rates - As of October 4, 2025, the highest CD rate available is 4.10% APY from Marcus by Goldman Sachs for a 14-month CD [2] - The interest earned from a CD is determined by the annual percentage rate (APY), which reflects total earnings after one year, factoring in the base interest rate and compounding frequency [2] Interest Earnings Examples - An investment of $1,000 in a one-year CD at 1.70% APY would yield a total balance of $1,017.13 after one year, with $17.13 earned in interest [3] - Conversely, a one-year CD at 4% APY would grow the same $1,000 investment to $1,040.74, resulting in $40.74 in interest [3] Impact of Deposit Amount - A deposit of $10,000 in a one-year CD at 4% APY would result in a total balance of $10,407.42 at maturity, earning $407.42 in interest [4] Types of CDs - Bump-up CDs allow for a one-time request to increase the interest rate if the bank's rates rise during the term [4] - No-penalty CDs permit early withdrawal without penalties, providing more liquidity [4] - Jumbo CDs require higher minimum deposits (typically $100,000 or more) and may offer higher interest rates, though the difference from traditional CDs may be minimal in the current environment [4] - Brokered CDs are purchased through brokerages and may offer higher rates or flexible terms, but they carry additional risks and may not be FDIC-insured [4]

Core Insights - The Federal Reserve has cut its federal funds rate three times in 2024, indicating a potential decline in competitive CD rates, making it crucial for investors to lock in high rates now [1] - The best CD rates are currently found in shorter terms, particularly around one year or less, with online banks and credit unions leading in offers [2] CD Rates Overview - As of September 13, 2025, the highest CD rate available is 4.45% APY from LendingClub for an 8-month CD [2] - The interest earned from a CD is determined by the annual percentage rate (APY), which reflects total earnings after one year, factoring in the base interest rate and compounding frequency [2] Interest Earnings Examples - An investment of $1,000 in a one-year CD at 1.81% APY with monthly compounding results in a total balance of $1,018.25 after one year, yielding $18.25 in interest [3] - Conversely, a one-year CD at 4% APY would grow the same $1,000 to $1,040.74, resulting in $40.74 in interest [3] Deposit Impact on Earnings - Increasing the deposit amount significantly boosts potential earnings; for instance, a $10,000 deposit in a one-year CD at 4% APY would yield a total balance of $10,407.42, translating to $407.42 in interest [4] Types of CDs - Various types of CDs offer different benefits, including: - **Bump-up CD**: Allows for a one-time request to increase the interest rate if bank rates rise during the term [4] - **No-penalty CD**: Enables early withdrawal without penalties [4] - **Jumbo CD**: Requires a higher minimum deposit (typically $100,000 or more) and may offer higher rates, though the difference from traditional CDs may be minimal in the current environment [4] - **Brokered CD**: Purchased through a brokerage, potentially offering higher rates or flexible terms but with increased risk and possible lack of FDIC insurance [4]

Core Points - The Victory Bank is set to open its second retail branch in Horsham, PA, with a week-long celebration from June 2 to June 6, 2025 [1] - The celebration includes daily prize giveaways, family entertainment, business seminars, and special offers such as a 4.5% APY for 22 weeks on CDs [1][6] - Participants can engage in a "Game" by texting to win instant prizes and enter a Grand Prize "Sweepstakes" for a trip to Maui, Hawaii [2][3] Event Schedule - The opening day on June 2 features a kickoff event, followed by themed days including Phillies Day, Financial Wellness Focus, and Business Owner Spotlight [5] - Daily activities include family entertainment, financial literacy courses, and business seminars, culminating in a grand finale on June 6 [5][8] Promotions and Offers - Special promotions for new business accounts opened in person at the Horsham branch, along with a Money Machine and complimentary treats throughout the week [6][7] - A minimum deposit of $500 is required to open accounts with the promotional APY, which is valid for both regular and IRA certificates of deposit [7][8]