Today's CD Rates for June 18, 2025: Highest APYs Range From 4.00% to 4.75%

Certificates of deposit (CDs) often offer the best rates for savings. However, to get the highest annual percentage yield (APY), you need to agree to keep your money with the financial institution for a set time period.
Right now, the best CD rates are on short-term CDs. The Federal Deposit Insurance Corporation (FDIC) reports that the average rate on a 12-month CD is 1.75%. However, the average for the top high-yield CDs is 4.68%, according to DepositAccounts.com. There are also six-month CDs with competitive rates, depending on the institution, as well as promotional CDs with higher rates.
Top CD rates today
The best CD yield from a national bank is Northern Bank Direct, with a 4.50% APY on a nine-month CD with a $500 minimum deposit requirement. The best local bank CD rate is Linkbank with a 4.50% APY on a 10-month CD with a $500 minimum to earn the APY.
If you're looking for the highest yield, no matter where you live, review the top CD rates today.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Forbes

22 minutes ago

• Forbes

250 Million Acre Public Land Sale Would Ruin The Off-Road Industry

Ford Performance at the 2025 King of the Hammers in Southern California's Johnson Valley. Since President Trump took office in January, the amount of threats to anything considered public—from a large slice of our nation's workforce to the media—have been unrelenting. Earlier this month, these threats took on a new form: potentially robbing the American people of millions of acres of public land. Unveiled on June 11th and revised on the 14th, the Senate Energy and Natural Resources Committee's budget reconciliation bill outlines over 250 million acres, to be slightly more exact, that could be offered up for sale to private business. As reported on by Jonathon Klein of Ride Apart, this could have a tremendous negative impact on not just our natural resources, but every corner of the outdoor industry as well. For those amongst us who enjoy off-road driving (or hiking, camping, fishing, hunting, cycling, climbing, etc.), the possibility of being cut-off from lands where we savor such activity is very real. Klein points out one particular swath of land in Southern California, Johnson Valley—home to one of the world's top off-road racing events, King of the Hammers—is on the chopping block, which would not only be detrimental to this event, but every single industry that's involved in it. Automakers, the aftermarket performance and racing industries, tourism, general outdoor equipment industries; the list goes on. Take that same scenario and multiply it by every other parcel of land that outdoor enthusiasts could lose access to, and the damage would be extensive. For a good overall picture of what's on the chopping block, The Wilderness Society has created a handy map. Competitors at the 2020 King of the Hammers in Johnson Valley, California. But why is all of this land potentially for sale? As stated in the bill itself, as much as $15 billion in revenue could come from expanded oil, gas, coal, and geothermal leasing. Other aims include increased housing production, domestic energy security and timber production, as well as, in the bill's summarized words, 'ensuring states and counties benefit from energy projects on federal lands.' The Wilderness Society has also outlined a handful of counter arguments. In its words, 'research suggests that very little of the land managed by the BLM (Bureau of Land Management) and USFS (US Forest Service) is actually suitable for housing.' It also explains that the federal government can revoke national monument status and that certain changes would negatively impact sovereign Tribal Nations. We can't forget the fact that increased energy production carries its own environmental hazards, too. It's all bad and very unnecessary. One thing that truly makes America great is its beautiful natural land that's here for all of us to savor, and this bill could cut off a very significant portion of it. And again, there's the immense adverse effect on every single outdoor industry, especially off-road driving and racing, and the massive amount of American companies that feed it. Contact your US senator and let them know how you feel. Especially if you live in Utah, which is Senator Mike Lee's turf. He's Chairman of the Senate Committee on Energy and Natural Resources and the creator of this bill—ironically, as many as 18 million acres of his state's land could potentially be up for sale. That's a lot of territory for off-road driving, hunting, shooting, fishing, climbing, camping, hiking, mountain biking, and so on.

Wall Street Journal

26 minutes ago

• Wall Street Journal

When Towns Rebuild From Disaster, Some Get Priced Out

The coastal community of Panama City, Fla., has largely recovered since Hurricane Michael ravaged the Florida Panhandle in 2018—but it isn't the same place. The downtown, once a sleepy district with run-down buildings and lawyers' offices, now bustles with boutiques and breweries. Much of the housing stock is fancier and pricier, and residents are generally wealthier. More than 2,000 miles west, a similar dynamic has played out in the small hill town of Paradise, Calif., as it tries to come back from the Camp Fire that incinerated the region that same year. Many poorer residents have moved out, more-affluent newcomers have moved in and home prices have climbed.

Bloomberg

37 minutes ago

• Bloomberg

Dr. Phil's Media Company Cuts 40 More Jobs, Pauses Evening News

Merit Street Media, the company founded by celebrity psychologist Phil McGraw, has cut jobs and paused some programming, according to a spokesperson. The business, based in Fort Worth, Texas, laid off about 40 staffers this week. An evening news show airing on the company's MeritTV network is being retooled and could return in the fall, the spokesperson said. A morning news program continues and will be supplemented by hourly news breaks.