National Average CD Rates: January 2026
FDIC national average deposit rates published Jan 20, 2026: 12-month CD 1.61% (−0.02 percentage points from December 2025), savings 0.39%, and money market 0.56%. 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 (December 2025) | Change |
|---|---|---|---|
| Savings | 0.39% | 0.39% | 0.00 |
| Interest Checking | 0.07% | 0.07% | 0.00 |
| Money Market | 0.56% | 0.58% | −0.02 |
| 1 month CD | 0.23% | 0.24% | −0.01 |
| 3 month CD | 1.35% | 1.44% | −0.09 |
| 6 month CD | 1.57% | 1.58% | −0.01 |
| 12 month CD | 1.61% | 1.63% | −0.02 |
| 24 month CD | 1.41% | 1.41% | 0.00 |
| 36 month CD | 1.33% | 1.33% | 0.00 |
| 48 month CD | 1.25% | 1.24% | +0.01 |
| 60 month CD | 1.34% | 1.34% | 0.00 |
Source: FDIC, National Rates and Rate Caps, Jan 20, 2026, 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.