{"id":7065439,"date":"2026-09-24T03:22:33","date_gmt":"2026-09-24T03:22:33","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/best-12-month-cd-rates-for-september-23-2026-up-to-4-35\/"},"modified":"2026-09-24T03:22:33","modified_gmt":"2026-09-24T03:22:33","slug":"best-12-month-cd-rates-for-september-23-2026-up-to-4-35","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=7065439","title":{"rendered":"Best 12-Month CD Rates for September 23, 2026: Up to 4.35%"},"content":{"rendered":"


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Certificates of deposit (CDs) have seen rates rising even more, despite major banks lowering the rates on theri savings accounts.\u00a0<\/p>\n

As of September 23, 2026<\/strong>, the best 12-month CD rates<\/a> reach up to 4.35% APY\u00a0<\/strong>(annual percentage yield), with many banks and credit unions still offering yields far above the national average of 1.73%<\/strong>, according to the FDIC<\/a>.\u00a0<\/p>\n

Over the last several weeks, rates have been rising slightly.<\/p>\n

Now might be the best time to lock in a guaranteed rate. If you\u2019re looking to earn a predictable return over the next year, these are the best CD rates available today.<\/p>\n

\ud83d\udcb0 Today’s Best 12-Month CD Rates\u00a0<\/strong>At a Glance<\/strong><\/h2>\n

Here are the best bank and credit union savings accounts rates today:<\/p>\n<\/div>\n

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1. Quorum Federal Credit Union –\u00a0<\/strong>Quorum Federal Credit Union<\/a> is currently offering a 12-month CD at 4.35% APY with a $2,500 minimum to open. Read more about Quorum Federal Credit Union here<\/a>.<\/p>\n

2. E*TRADE –\u00a0<\/strong>E*TRADE<\/a> is currently offering a 12-month CD at 4.35% with just a $500 minimum deposit and no upper limit. Read our full E*TRADE review<\/a>.<\/p>\n

3. Credit One Bank –\u00a0<\/strong>Credit One Bank<\/a>\u00a0is offering a\u00a0jumbo CD<\/a> at 4.30% APY, but it does require a $100,000 minimum deposit to open.<\/p>\n

4. American First Credit Union –\u00a0<\/strong>American First Credit Union<\/a> is currently offering a 12-month CD in partnership with Raisin at 4.25%, with just a $1 minimum deposit. Read our full American First Credit Union Review<\/a>.<\/p>\n

5. Barclays Bank –\u00a0<\/strong>Barclays<\/a> is currently offering a 12-month CD at 4.25% APY with a $0 minimum deposit. Read our full Barclays Bank Review<\/a>.<\/p>\n

You can find a full list of the best 12-month CDs here >><\/a><\/p>\n<\/div>\n

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How 12-Month CDs Work<\/h2>\n

A 12-month certificate of deposit<\/a> pays a fixed interest rate for one year in exchange for keeping your money on deposit until maturity. If you withdraw early, the bank charges a penalty – typically 90 days of interest.<\/p>\n

CDs appeal to savers who prefer guaranteed, short-term returns. While high-yield savings accounts<\/a> offer flexibility, CDs can secure a higher fixed return for a set period, which can be helpful if rates are expected to decline.<\/p>\n

For example, a $25,000 CD at 4.00% APY would earn roughly $1,000 in one year, compared with about $420 based on today’s national average 12-month CD rate.<\/p>\n<\/div>\n

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What To Know Before Opening A CD<\/h2>\n

Certificates of deposit operate differently than savings accounts<\/a>. Make sure you understand what you’re getting:<\/p>\n