YieldDocket

National average 48-month CD rate (FDIC)

The FDIC national average 48-month CD rate published Oct 19, 2026 is 1.31%.

Over the last 14 monthly publications it ranged from 1.24% (November 2025) to 1.31% (October 2026).

National averages computed by the FDIC, not offers from any institution. Rates offered by individual banks can be higher or lower.

FDIC national average 48-month CD rate by monthFDIC national average 48-month CD rate from 1.26% (September 2025) to 1.31% (October 2026).1.24%1.26%1.28%1.30%1.32%Oct 2025DecFebAprJunAugOct1.31%FDIC national average 48-month CD rate by monthFDIC national average 48-month CD rate from 1.26% (September 2025) to 1.31% (October 2026).1.23%1.25%1.27%1.30%1.32%Oct 2025FebJun1.31%
Source: FDIC dated monthly National Rates pages, September 2025 to October 2026.

48-month CD national rate history

PublishedNational rateChange (pts)
October 20261.31%+0.03
September 20261.28%+0.01
August 20261.27%+0.01
July 20261.26%+0.01
June 20261.25%+0.01
May 20261.24%−0.01
April 20261.25%+0.01
March 20261.24%−0.01
February 20261.25%0.00
January 20261.25%+0.01
December 20251.24%0.00
November 20251.24%−0.02
October 20251.26%0.00
September 20251.26%—

Source: FDIC, National Rates and Rate Caps, Oct 19, 2026, retrieved 2026-10-22 00:35 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.

Comparing with Treasury bills? See the T-bill vs CD after-state-tax table, the CD ladder calculator and the rates-this-week cheat sheet.

Other national rates