National Average CD Rates: October 2025
FDIC national average deposit rates published Oct 20, 2025: 12-month CD 1.68% (−0.02 percentage points from September 2025), savings 0.40%, and money market 0.59%. The full table covers savings, interest checking, money market, and CDs from 1 to 60 months, with the national rate cap.
National averages computed by the FDIC, not offers from any institution.
| Product | National rate | Prior (September 2025) | Change |
|---|---|---|---|
| Savings | 0.40% | 0.40% | 0.00 |
| Interest Checking | 0.07% | 0.07% | 0.00 |
| Money Market | 0.59% | 0.59% | 0.00 |
| 1 month CD | 0.25% | 0.23% | +0.02 |
| 3 month CD | 1.52% | 1.55% | −0.03 |
| 6 month CD | 1.46% | 1.60% | −0.14 |
| 12 month CD | 1.68% | 1.70% | −0.02 |
| 24 month CD | 1.44% | 1.46% | −0.02 |
| 36 month CD | 1.33% | 1.33% | 0.00 |
| 48 month CD | 1.26% | 1.26% | 0.00 |
| 60 month CD | 1.34% | 1.34% | 0.00 |
Source: FDIC, National Rates and Rate Caps, Oct 20, 2025, retrieved 2026-10-16 22:01 CDT. National rates are deposit-weighted averages across insured institutions and credit unions computed by the FDIC; savings and interest checking use the $2,500 tier, money market and CDs average the $10,000 and $100,000 tiers. They are averages, not offers from any institution. Change is in percentage points. The rate cap applies to banks that are less than well capitalized.