The interest rates paid on the best six month CDs available nationally were unmoved for the week ending June 11, 2010 based on the survey of bank rates performed by Selectcdrates.com. The average rate for the top ten highest national CD rates with a six month term remained at 1.19% week over week.

The highest six month CD rate also held steady for the week. The best six month CD rate continues to be offered at 1.25% and can be found at two banks, Flagstar Bank and Aurora Bank. Shore Bank offers a six month CD that sits just one basis point lower. The Shore Bank CD with a six month terms comes in 1.24%, unaltered from the prior week.

Two banks continue to offer the third highest nation CD rate on the six month maturity CDs. Both, NOVA Bank in Pennsylvania and Excel National Bank, market six month CDs that yield 1.20%.

Ascencia CD follows with a six month certificate that earns a rate of 1.17%. The Goldwater Bank CD is one basis point lower at 1.16%.

Three banks complete the list of the top ten best six month CD rates. All three remaining banks promote six month term CDs with the same yield. The Amtrust Direct CD, Discover Bank CD and Colorado Federal Savings Bank CD all have interest rates at 1.15%.

Although the average rate was unchanged, there was one bank rate change within the list from the prior week. NewDominion Bank CD was removed from the list due to a reduction in the interest rate paid on the account and was replaced by Ascencia. The rate increase by Ascencia from the previous week exactly matched the previous rate offered by NewDominion which left all the rates intact week to week.

For more bank rates from Discover Bank see Discover CD.

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