National deposit rates and rate caps
The FDIC publishes, each month, the average rate insured banks pay on 11 deposit products, and the cap a bank that is less than well capitalised may offer. These are averages across the country as of 17 August 2026 — what banks pay savers, not what they charge borrowers.
| Product | National rate | Rate cap adjusted | Treasury yield | Treasury cap adjusted | National rate cap |
|---|---|---|---|---|---|
| Savings | 0.38% | 1.13% | 3.63% | 4.38% | 4.38% |
| Interest Checking | 0.07% | 0.82% | 3.63% | 4.38% | 4.38% |
| Money Market | 0.63% | 1.38% | 3.63% | 4.38% | 4.38% |
| 1 month CD | 0.22% | 0.97% | 3.78% | 5.29% | 5.29% |
| 3 month CD | 1.14% | 1.89% | 3.83% | 5.35% | 5.35% |
| 6 month CD | 1.41% | 2.16% | 3.98% | 5.53% | 5.53% |
| 12 month CD | 1.71% | 2.46% | 4.08% | 5.65% | 5.65% |
| 24 month CD | 1.57% | 2.32% | 4.28% | 5.89% | 5.89% |
| 36 month CD | 1.34% | 2.09% | 4.34% | 5.96% | 5.96% |
| 48 month CD | 1.27% | 2.02% | 4.34% | 5.96% | 5.96% |
| 60 month CD | 1.36% | 2.11% | 4.45% | 6.09% | 6.09% |
The FDIC’s method: the national rate is the average of rates paid by all insured depository institutions and credit unions, weighted by domestic deposits; the cap is the higher of the rate plus 75 basis points and the Treasury yield plus 75 basis points.
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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. Branches and deposits come from the FDIC Summary of Deposits, and bank balance sheets from the FDIC institutions directory. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.