Bye, Bye High CD Rates!

As the rates keep falling on short and long term CD's nationwide, World Savings Bank's 15 month 6.01% is long gone. They now have a 5.76% APY 13-month CD promotion on a $10,000 minimum deposit. Given the state of US economy it does not look like the Feds will be having rate hikes any time soon and we should continue to see a drop in interest rates. If you find a good rate, lock it in. Another short term CD is by Citibank at 5.50% APY for 6 months with a minimum deposit of $500.