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Upward Moves In 5-Year And 3-Year CD Rates Suggest Favorable Lending Environment

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NEW YORK, Jan. 21, 2014 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that national averages for 5-year and 3-year CD rates each increased this week by a basis point, while other durations remained unchanged as the Federal Reserve has continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008.

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"Upward moves in the 5-year and 3-year CD rates may suggest that banks are beginning to forecast that the Fed will raise its benchmark interest rate over the next few years, making the lending environment more favorable for the financial services sector," reported Joe Deaux, TheStreet's Economics Analyst. "Should the Fed signal another cutback next week in its economic stimulus program, savers should grow more confident that CD rates slowly will start to rise."

NATIONAL AVERAGE RESULTS - $10K

This

week

Last

week

Money Market

0.10

0.10

1 month CD

0.06

0.06

3 month CD

0.09

0.09

6 month CD

0.14

0.14

1 year CD

0.23

0.23

2 year CD

0.37

0.37

3 year CD

0.51

0.50

4 year CD

0.63

0.63

5 year CD

0.82

0.81

TOP RATE ISSUERS - $10KThis is a list of issuers with top interest rates. The issuer's Financial Strength Rating isan independent, unbiased evaluation of quarterly regulatory statements. Institutions are assigned a letter grade of A-E with "A" representing the highest rating based on a review of many aspects of financial safety including capitalization, asset quality, profitability and liquidity. For more information, visitwww.weissratings.com/help/what-our-ratings-mean.aspx.  Information is believed to be accurate, but not guaranteed.

Money Market

Financial

Strength

Rating

Minimum

to Earn

Interest($)

APY(%)

First NBC Bank

B-

10000

1.260

504-671-3550

www.firstnbcbank.com

Doral Bank

D-

5000

0.940

212-584-6820

www.doralbankny.com

Sallie Mae Bank

A-

1

0.900

801-281-1423

www.salliemaebank.com

Salem Five Direct

B

1

0.900

800-850-5000

www.salemfivedirect.com

Mercantil Commercebank,

National Association

C

10000

0.900

305-460-8701

www.mercantilcb.com

1 Month CD

Financial

Strength

Rating

Minimum

to Earn

Interest($)

APY(%)

Beal Bank USA

C+

1000

0.400

702-598-3500

www.bealbank.com

Umbrellabank.com

C-

1000

0.400

866-862-7355

www.umbrellabank.com

Beal Bank, SSB

C-

1000

0.400

619-894-8066

www.bealbank.com

Merchants Bank of Indiana

A-

1

0.350

765-874-2511

www.merchantsbankofindiana.com

Pinnacle Bank

B+

500

0.350

402-454-6515

www.pinnbank.com

3 Month CD

Financial

Strength

Rating

Minimum

to Earn

Interest($)

APY(%)

Beal Bank USA

C+

1000

0.510

702-598-3500

www.bealbank.com

Umbrellabank.com

C-

1000

0.510

866-862-7355

www.umbrellabank.com

Institution for Savings In

Newburyport

B

1

0.500

978-462-3106

www.institutionforsavings.com

Doral Bank

D-

500

0.500

850-914-2525

www.doralbankflorida.com

FirstBank Florida

D

1000

0.500

305-740-9522

www.firstbankfla.com

6 Month CD

Financial

Strength

Rating

Minimum

to Earn

Interest($)

APY(%)

Doral Bank

D-

500

1.000

212-584-6820

www.doralbankny.com

Beal Bank USA

C+

1000

0.750

702-598-3500

www.bealbank.com

GE Capital Bank

A

500

0.700

801-517-5000

www.gecapitalbank.com

Discover Bank

C

500

0.650

888-765-6654

www.discoverbank.com

VirtualBank

B-

10000

0.650

561-776-8860

www.virtualbank.com

1 Year CD

Financial

Strength

Rating

Minimum

to Earn

Interest($)

APY(%)

Doral Bank

D-

500

1.200

212-584-6820

www.doralbankny.com

Beal Bank USA

C+

1000

1.110

786-347-3601

www.bealbank.com

CIT Bank

B+

1000

1.020

801-412-6800

www.bankoncit.com

GE Capital Bank

A

500

1.000

801-517-5000

www.gecapitalbank.com

Ally Bank

B+

1

0.990

877-247-2559

www.ally.com

2 Year CD

Financial

Strength

Rating

Minimum

to Earn

 Interest($)

APY(%)

Doral Bank

D-

500

1.450

212-584-6820

www.doralbankny.com

CIT Bank

B+

1000

1.170

801-412-6800

www.bankoncit.com

GE Capital Bank

A

500

1.150

801-517-5000

www.gecapitalbank.com

Guaranty Bond Bank, National

Association

B+

1000

1.150

903-572-9881

www.gnty.com

Emigrant Bank

C-

1000

1.150

212-850-4521

www.emigrant.com

3 Year CD

Financial

Strength

Rating

Minimum

 to Earn

 Interest($)

APY(%)

Northern Bank & Trust Company

C+

500

1.600

781-937-5423

www.nbtc.com

Doral Bank

D-

500

1.600

212-584-6820

www.doralbankny.com

Intervest National Bank

C-

2500

1.450

212-218-8383

www.intervestnatbank.com

Boiling Springs Savings Bank

C+

1000

1.400

201-939-6600

www.bssbank.com

Community Bank

C-

1000

1.400

800-239-9427

www.dodcommunitybank.com

4 Year CD

Financial

Strength

Rating

Minimum

 to Earn

Interest($)

APY(%)

Institution for Savings In

Newburyport

B

1

2.000

978-462-3106

www.institutionforsavings.com

HarborOne Bank

 U

1

2.000

508-895-1000

www.harborone.com

EverBank

C+

1500

1.680

888-882-3837

www.everbank.com

Nationwide Bank

B

10000

1.670

614-249-6226

www.nationwide.com

Doral Bank

D-

500

1.650

212-584-6820

www.doralbankny.com

5 Year CD

Financial

Strength

Rating

Minimum

to Earn

 Interest($)

APY(%)

EverBank

C+

1500

2.160

888-882-3837

www.everbank.com

iGObanking.com

C+

1000

2.150

888-432-5890

www.igobanking.com

Flushing Commercial Bank

C+

5000

2.150

718-512-2929

www.flushingbank.com

Dime Savings Bank of

 Williamsburgh

B-

500

2.100

718-782-6200

www.dsbwdirect.com

State Farm Bank, FSB

C

500

2.050

877-734-2265

www.statefarm.com

 Financial Strength Rating: A=Excellent, B=Good, C=Fair, D=Weak, E=Very Weak, U=Unrated                                                  Plus sign "+" = top of range, Minus sign "-" = bottom of range

Data is surveyed weekly with averages calculated each Monday afternoon from RateWatch's unbiased national interest rate survey of over 96,000 financial institution locations across the United States.

About RateWatchFor over 20 years, RateWatch has been the premier provider of competitive interest rate and product information to financial institutions across the United States.  Consistently providing top quality, highly relevant data RateWatch maintains the largest database in the industry with deposit, loan, and fee information monitoring over 96,000 locations. Rate surveys, product comparisons, financial strength reporting, local/regional/national averages, fee reporting, specialty reports and more are available.  To learn more about RateWatch, visit www.rate-watch.com.  RateWatch is a division of TheStreet, Inc.

About TheStreetTheStreet, Inc. (www.t.st) is the leading independent digital financial media company providing business and financial news, investing ideas and analysis to personal and institutional investors worldwide.  The Company's portfolio of business and personal finance brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, MainStreet and RateWatch. To learn more, visit www.thestreet.com.  The Deal, the Company's institutional business, provides intraday coverage of mergers and acquisitions and all other changes in corporate control.  To learn more, visit www.thedeal.com.

Contact:

Emily SchneiderTheStreet, Inc.212-321-5521emily.schneider@thestreet.com

Joe DeauxTheStreet, Inc.212-321-5086joseph.deaux@thestreet.com

SOURCE TheStreet, Inc.

RELATED LINKShttp://www.thestreet.com

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