How to Find the Best 12-Month CD Rates in Idaho: March 2011

When it comes to choosing the best CD account in Idaho, there are a few account characteristics to consider like term length, minimum deposit and most importantly, the interest rate. If you’ve decided on a 12-month CD, it’s important you determine what the appropriate interest rate for that term length should be in your location.


Of course, you may not have the time and energy to look up all of the rates offered by the banks and credit unions in Idaho. That’s why you can come to Idaho Banking Rates where that data has already been compiled and presented for you. So with all of the rates information already at your fingertips, the next step is to determine which rates are really good offers.

Average 1 Year CD Rates in Idaho

Idaho Banking Rates pulls rates data from financial institutions within the entire state of Idaho. That means you currently have a total of 6 CD accounts with a term length of 12 months (one year) to choose from.


Right now, the highest 12-month CD rate we have on record in the state is 2.02% APY, while the lowest is 0% APY. The average of these rates and all others available in and around Idaho is 1.15% APY.


So what can you do with this information? As a general rule, you can compare a CD rate offer against the Idaho average to gauge how competitive it is. Rates that are around the same as the average or higher are considered good for your area.


You can also view rates for other term lengths, from six months to 2 years, by visiting the CD Rates page.