NEW YORK - RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST), reported today that national averages for CD rates of all durations this week remained unchanged once again as the Federal Reserve continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008.

"National CD rates remained unchanged ahead of the Federal Reserve's Open Market Committee's October meeting, where it is widely expected that the central bank will decide to end its monthly bond buying," TheStreet's Antoine Gara reported. "The Fed continues to closely monitor economic data in the U.S. and globally, with any negative trends likely to push back its timing of interest rate increases well into the second half of 2015."

NATIONAL AVERAGE RESULTS - $10K

Avg Rate This week

Avg Rate Last week

Money Market

0.15%

0.15%

1 month CD

0.11%

0.11%

3 month CD

0.15%

0.15%

6 month CD

0.23%

0.23%

1 year CD

0.36%

0.36%

2 year CD

0.56%

0.56%

3 year CD

0.76%

0.76%

4 year CD

0.94%

0.94%

5 year CD

1.16%

1.16%

In the Greater San Antonio Region area, the average 5-year CD rate sat at 0.92%, lower than the national average of 1.16%. Rates on the 5-year CD ranged from 0.15% on the low end to 2.0% at the high end, which can be found at Compass Bank. The average 3-year CD rate in Greater San Antonio Region was 0.61% with a range of 0.05% to 1.05% found at American Bank of Texas. And if you are on the market for a 1-year CD, take a look at USAA Federal Savings Bank, which currently offers a rate of 0.71% as compared to the Greater San Antonio Region average of 0.3%. Other top rate issuers can be found in the tables that follow.

GREATER SAN ANTONIO REGION AVERAGE RESULTS - $10K

Avg Rate This
week

Highest Available
Rate

Highest Available Rate Issuer

Money Market

0.11%

0.2%

USAA Federal Savings Bank

1 month CD

0.07%

0.1%

Compass Bank

3 month CD

0.12%

0.3%

USAA Federal Savings Bank

6 month CD

0.2%

0.56%

USAA Federal Savings Bank

1 year CD

0.3%

0.71%

USAA Federal Savings Bank

2 year CD

0.48%

0.85%

Compass Bank

3 year CD

0.61%

1.05%

American Bank of Texas

4 year CD

0.73%

1.31%

American Bank of Texas

5 year CD

0.92%

2.0%

Compass Bank

TOP RATE ISSUERS - $10K

This is a list of issuers with top interest rates in the Greater San Antonio Region area. The issuer's Financial Strength Rating is an 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, visit www.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(%)

USAA Federal Savings Bank
210-498-2265
www.usaa.com

C

10000

0.2

Compass Bank
210-592-5571
www.bbvacompass.com

C+

10000

0.15

American Bank of Texas
830-379-5236
www.abtexasna.com

B

10000

0.15

Prosperity Bank
830-608-5501
www.prosperitybankusa.com

B+

2500

0.15

Banamex USA
800-222-1234
www.ccbusa.com

C+

10000

0.1

1 Month CD

Financial Strength
Rating

Minimum to Earn
Interest ($)

APY(%)

Compass Bank
210-592-5571
www.bbvacompass.com

C+

1

0.1

Cadence Bank, National Association
210-764-5500
www.cadencebank.com

C+

500

0.1

PlainsCapital Bank
210-541-8228
www.plainscapital.com

A-

1000

0.1

Texas Capital Bank, National Association
210-390-3800
www.texascapitalbank.com

B

1000

0.1

Capital One, National Association
210-222-1513
www.capitalone.com

C

1000

0.1

3 Month CD

Financial Strength
Rating

Minimum to Earn
Interest ($)

APY(%)

USAA Federal Savings Bank
210-498-2265
www.usaa.com

C

1000

0.3

PlainsCapital Bank
210-541-8228
www.plainscapital.com

A-

1000

0.25

Texas Capital Bank, National Association
210-390-3800
www.texascapitalbank.com

B

1000

0.2

American Bank of Texas
830-379-5236
www.abtexasna.com

B

10000

0.15

International Bank of Commerce
210-281-2400
www.ibc.com

B+

10000

0.15

6 Month CD

Financial Strength
Rating

Minimum to Earn
Interest ($)

APY(%)

USAA Federal Savings Bank
210-498-2265
www.usaa.com

C

1000

0.56

PlainsCapital Bank
210-541-8228
www.plainscapital.com

A-

1000

0.35

Texas Capital Bank, National Association
210-390-3800
www.texascapitalbank.com

B

1000

0.25

American Bank of Texas
830-379-5236
www.abtexasna.com

B

10000

0.25

International Bank of Commerce
210-281-2400
www.ibc.com

B+

10000

0.2

1 Year CD

Financial Strength
Rating

Minimum to Earn
Interest ($)

APY(%)

USAA Federal Savings Bank
210-498-2265
www.usaa.com

C

1000

0.71

PlainsCapital Bank
210-541-8228
www.plainscapital.com

A-

1000

0.451

Compass Bank
210-592-5571
www.bbvacompass.com

C+

1

0.45

American Bank of Texas
830-379-5236
www.abtexasna.com

B

10000

0.35

Prosperity Bank
830-608-5501
www.prosperitybankusa.com

B+

10000

0.3

2 Year CD

Financial Strength
Rating

Minimum to Earn
Interest ($)

APY(%)

Compass Bank
210-592-5571
www.bbvacompass.com

C+

1

0.85

USAA Federal Savings Bank
210-498-2265
www.usaa.com

C

1000

0.81

American Bank of Texas
830-379-5236
www.abtexasna.com

B

10000

0.7

Lone Star National Bank
210-572-3220
www.lonestarnationalbank.com

B

1000

0.55

PlainsCapital Bank
210-541-8228
www.plainscapital.com

A-

1000

0.501

3 Year CD

Financial Strength
Rating

Minimum to Earn
Interest ($)

APY(%)

American Bank of Texas
830-379-5236
www.abtexasna.com

B

10000

1.05

Lone Star National Bank
210-572-3220
www.lonestarnationalbank.com

B

1000

0.95

USAA Federal Savings Bank
210-498-2265
www.usaa.com

C

1000

0.91

Compass Bank
210-592-5571
www.bbvacompass.com

C+

1

0.85

Cadence Bank, National Association
210-764-5500
www.cadencebank.com

C+

500

0.65

4 Year CD

Financial Strength
Rating

Minimum to Earn
Interest ($)

APY(%)

American Bank of Texas
830-379-5236
www.abtexasna.com

B

10000

1.31

Lone Star National Bank
210-572-3220
www.lonestarnationalbank.com

B

1000

1.26

Compass Bank
210-592-5571
www.bbvacompass.com

C+

1

1.05

USAA Federal Savings Bank
210-498-2265
www.usaa.com

C

1000

0.95

Cadence Bank, National Association
210-764-5500
www.cadencebank.com

C+

500

0.85

5 Year CD

Financial Strength
Rating

Minimum to Earn
Interest ($)

APY(%)

Compass Bank
210-592-5571
www.bbvacompass.com

C+

1

2.0

American Bank of Texas
830-379-5236
www.abtexasna.com

B

10000

1.56

Lone Star National Bank
210-572-3220
www.lonestarnationalbank.com

B

1000

1.51

Cadence Bank, National Association
210-764-5500
www.cadencebank.com

C+

500

1.2

USAA Federal Savings Bank
210-498-2265
www.usaa.com

C

1000

1.06

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.

More About CDs:

CDs, or certificate of deposits, are bank-issued promissory notes wherein an investor deposits money for a set amount of time and, provided the money remains untouched, receives interest on the total sum when the investment matures.

While the money can't be accessed during that time (without incurring penalties), the advantage of a CD over a regular savings deposit is the higher rate of interest. Typically, a CD can be taken out on as few as three-month terms but can range to up to five years; generally, the longer the timeframe the higher rate of interest.

CD Laddering:

To provide further financial security, a CD laddering strategy offers conservative investors the opportunity to stagger their capital across numerous deposits set to expire at different intervals. Not only does this hedge against variable rate fluctuations by offering a guaranteed return at a locked-in interest rate, it also increases liquidity given that one CD will mature at predictable and established intervals.

Using an example of a five-year ladder strategy, an investor would divide his or her money amongst one-, two-, three-, four-, and five-year CDs. Once the one-year deposit matures, he or she will reinvest the money into a five-year CD, and will do so every subsequent year upon each CD's maturation. In this way, the investor has a CD that matures each year and thus, steady income from the interest on the maturing investments.

Nevertheless, investors must keep in mind that the onus of developing a ladder strategy is on the investor, not the bank or financial institution. In developing a strategy, map out each rung of the ladder, determining how long you want to invest for, the kind of return you are targeting and the length of time you can tolerate not having access to the principal and interest.

About RateWatch

For 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.

National average is calculated using one unique rate per institution. Averages are based on banks, savings & loans, brokers and Internet banks with assets greater than $1 billion.