Banks and Credit Unions with Highest 12-Month CD Rates in Idaho: April 2011

If you’re in search of the best 12-month CD rates available today, you should begin by comparing the rates from local financial institutions near you. Generally, community-oriented banks and credit unions are in a better position to offer more competitive interest rates on deposit accounts.

Idaho Banking Rates makes it easy to locate the best 12-month CD rates in Idaho because we compile interest rates from financial institutions within the entire state, providing you with the most current rates information possible. Below, you’ll find a breakdown of the rates from banks and credit unions in Idaho that are offering 1-year CDs.

Average 1 Year CD Rates in Idaho

There are currently 6 one-year CD accounts available in the state that Idaho Banking Rates collects rates data from–the average rate among them is 0.54% APY.

Here’s how individual bank and credit unions’ rates stack up against each other:

Banks & Credit Unions with the Highest One Year CD Rates

• Kamiah Community Credit Union: 1.3%
• Cottonwood Community Credit Union: 1.26%
• Potlatch No 1 Credit Union: 1.25%

Lowest Idaho 12-Month CD Rates

• Bank of Idaho: 0.2%
• Pocatello Teachers Credit Union: 0.3%
• Home federal bank: 0.35%

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.

Please note these rates are accurate as of the publish date but are subject to change at any time. You can see up-to-date rates information for 6, 12 and 24 month certificates of deposit by visiting the Idaho CD Rates page.