Public Kempax report

Daily Top CD Rates · 2026-08-08

Kempax Research

Loop report · 2026-08-08

Daily Top CD Rates — Ranked candidate snapshot for August 9, 2026

As of 2026-08-09 UTC , Popular Direct shows the highest current primary-displayed offer in this bounded set: 4.35% APY for 18 months . This is a verification-aware candidate list, not a definitive claim that all ten offers are nationally available. Only First National Bank of America FNBA shows an explicit National rate view; terms, eligibility, liquidity, and evidence quality can change the practical outcome. No prior comparable snapshot was supplied, so no rate-change or new-leader claim is made.

How to read the ranking

Offers are ordered by the strongest current evidence and displayed APY, with term, minimum deposit, eligibility, insurance, liquidity cost, and freshness used as context. A missing state rule is labeled unclear , not treated as proof that an offer is unavailable. Conflicting, future-dated, or secondary-only rate evidence stays visibly flagged.

Rank 1 — Popular Direct Popular Bank

Logo image reference: Official Popular Direct homepage. No direct image asset or reuse license was independently verified. Accessible fallback alt text: “Popular Direct logo.”
Institution: Popular Bank, operating the Popular Direct online CD; Member FDIC in the product evidence.
APY: 4.35% displayed APY; the same source also showed 4.25% for 12 months and 4.15% for 6 months.
Term: 18 months. APYs were effective 2026-08-03 and subject to change.
Minimum deposit: $10,000.
Eligibility and availability: Online direct CD; an external U.S. bank account is required. No all-50-state or state-by-state rule was captured, so national availability is unclear .
Early-withdrawal penalty and liquidity: 270 days of simple interest for the stated 18-month tier; no additional deposits; automatic renewal and a 10-day grace period were disclosed.
Source citation: Popular Direct Certificates of Deposit, Popular Direct CD disclosures, and FDIC insured-product guidance.
User issue or watch-out: An older, mixed discussion reports external-account verification, ACH-transfer friction, linked-account limits, and account-access or maturity-message confusion. It is not CD-specific or a prevalence estimate. Confirm state eligibility and renewal terms before treating the rate as a nationwide choice.

Rank 2 — Happen Bank, N.A.

Logo image reference: Official Happen homepage. No direct image asset or reuse license was independently verified. Accessible fallback alt text: “Happen Bank logo.”
Institution: Happen Bank, N.A.; Member FDIC up to applicable limits.
APY: 4.30% displayed APY.
Term: 24 months. The same rate page showed 4.20% for 6 and 11 months and 4.00% for 14 months; the table was marked accurate 2026-08-07.
Minimum deposit: $500 ; maximum opening deposit shown as $500,000.
Eligibility and availability: A primary U.S. address and account approval are required. No state list or all-50-state rule was captured; eligibility is limited and geographic scope is unclear .
Early-withdrawal penalty and liquidity: 180 days of simple interest for terms over one year; a 10-day maturity grace period was disclosed.
Source citation: Happen personal deposit rates, Happen CD Agreement, and the bank’s Member FDIC disclosure on the rate page.
User issue or watch-out: No recent candidate-specific issue was found in the sampled feedback; that is not proof of no problem. The address, approval, two-year lock, and 180-day penalty should remain beside the APY.

Rank 3 — First National Bank of America FNBA

Logo image reference: Official FNBA CD page. No direct image asset or reuse license was independently verified. Accessible fallback alt text: “First National Bank of America logo.”
Institution: First National Bank of America; FDIC member.
APY: 4.25% displayed APY.
Term: 120 months. The same National online schedule showed 4.20% for 48 and 60 months and 4.05% for 13 months; rates were accurate as of 2026-08-08 and subject to change.
Minimum deposit: $1,000 to obtain the displayed APY.
Eligibility and availability: Personal online CDs with an explicit National rate view. This is the clearest national-scope evidence in the set, not a state-by-state legal opinion.
Early-withdrawal penalty and liquidity: 720 days of interest for 96–120-month terms; partial withdrawals are allowed under stated conditions, and the penalty may reduce principal.
Source citation: FNBA online deposit rates, FNBA CDs, and FNBA online CD FAQ.
User issue or watch-out: No recent candidate-specific issue was found in the sampled feedback. The practical risk is the ten-year lock and 720-day penalty, which can overwhelm the apparent APY advantage if funds are needed early.

Rank 4 — Quorum Federal Credit Union

Logo image reference: Official Quorum Term Savings page. No direct image asset or reuse license was independently verified. Accessible fallback alt text: “Quorum Federal Credit Union logo.”
Institution: Quorum Federal Credit Union; federally NCUA-insured fixed-term share account.
APY: 4.20% APY for new money.
Term: 7 months. This is a fixed-term share account rather than a conventional bank CD; the rate was effective 2026-07-09.
Minimum deposit: $100.
Eligibility and availability: Membership is required through a select employee group, family of an eligible member, or the American Consumer Council. It is membership-limited , not an unrestricted national bank offer.
Early-withdrawal penalty and liquidity: A pre-maturity withdrawal may cost several months of accumulated dividends; the exact current schedule was not captured. A seven-day maturity window was shown.
Source citation: Quorum Term Savings, Quorum eligibility, and NCUA share insurance coverage.
User issue or watch-out: No recent candidate-specific issue was found in the sampled feedback. Confirm membership eligibility and the exact penalty before comparing this share account with bank CDs.

Rank 5 — TAB Bank

Logo image reference: Official TAB CD rates and terms page. No direct image asset or reuse license was independently verified. Accessible fallback alt text: “TAB Bank logo.”
Institution: TAB Bank; Member FDIC language appears on the cited page.
APY: 4.20% was shown for 36–60 months in the captured term sequence, but the same page headline said “up to 4.05%.” The 4.20% figure is conflicted and not confirmed .
Term: 36–60 months for the conflicted displayed sequence.
Minimum deposit: $1,000.
Eligibility and availability: Online personal CD; no all-50-state or state-by-state rule was captured, so national availability is unclear .
Early-withdrawal penalty and liquidity: The page says a penalty may be imposed, but the exact calculation was not disclosed in the captured evidence.
Source citation: TAB Bank CD rates and terms.
User issue or watch-out: No recent candidate-specific feedback was found. The headline-versus-table conflict is itself a user-facing disclosure risk; do not treat 4.20% as a confirmed current offer until the bank resolves the conflict and states the penalty schedule.

Rank 6 — CFG Bank

Logo image reference: Official CFG Bank homepage. No direct image asset or reuse license was independently verified. Accessible fallback alt text: “CFG Bank logo.”
Institution: CFG Bank; the personal product flow identifies the CD as FDIC-insured and Member FDIC.
APY: 4.17% APY.
Term: 18 months. The same rate page showed 4.15% for 12 months and 4.05% for 36 and 60 months; the rate page was dated 2026-07-27.
Minimum deposit: $500 to open and a $500 minimum daily balance .
Eligibility and availability: Online and branch channels are shown, but no all-50-state or state-by-state rule was captured; national availability is unclear .
Early-withdrawal penalty and liquidity: No withdrawals during the first 30 days. After that, a withdrawal penalty applies, but the exact day-of-interest schedule was not captured.
Source citation: CFG CD rates, CFG personal products, and CFG’s official logo announcement.
User issue or watch-out: No recent candidate-specific issue was found in the sampled feedback. Keep the daily-balance requirement, 30-day restriction, and unresolved penalty schedule beside the rate.

Rank 7 — Sallie Mae Bank

Logo image reference: Official Sallie Mae savings page. No direct image asset or reuse license was independently verified. Accessible fallback alt text: “Sallie Mae logo.”
Institution: Sallie Mae Bank; the cited product page identifies the CDs as FDIC-insured.
APY: 4.35% displayed APY for 36 and 60 months; the display is not treated as current for this report because its footnote says accurate 2026-08-10, one day after the 2026-08-09 snapshot.
Term: 36 or 60 months for the future-dated display; the same page showed 4.25% for 18 and 24 months.
Minimum deposit: $2,500.
Eligibility and availability: Online consumer application and external-bank funding are shown. No all-50-state or state-by-state rule was captured; national availability is unclear .
Early-withdrawal penalty and liquidity: 180 days of simple interest for terms over 12 months; the penalty can reduce principal. Automatic renewal and a 10-day grace period were disclosed.
Source citation: Sallie Mae Certificates of Deposit and Sallie Mae deposit terms.
User issue or watch-out: No recent candidate-specific issue was found in the sampled feedback. The future-dated footnote is the key as-of-date blocker; recheck the rate before treating it as a current leader.

Rank 8 — Bread Savings

Logo image reference: Official Bread Savings products page. No direct image asset or reuse license was independently verified. Accessible fallback alt text: “Bread Savings logo.”
Institution: Bread Savings; the product page shows FDIC or Member FDIC language.
APY: 3.80% on the primary page for 3 months. A secondary August 2026 market scan reported up to 4.50% for 18 months, but that higher rate is not primary-confirmed .
Term: 3 months for the readable primary display; the term for the secondary 4.50% signal was not confirmed beyond the secondary report.
Minimum deposit: $1,500.
Eligibility and availability: U.S. citizenship, Social Security number, U.S. address, and age 18+ are required. No state list was captured, so national availability is unclear .
Early-withdrawal penalty and liquidity: A penalty applies, but the exact schedule was not exposed in the captured primary page. Automatic renewal and a 10-day grace period were shown.
Source citation: Bread Savings products, Bread CD product flow, and the Bankrate CD scan for the secondary signal only.
User issue or watch-out: The sampled feedback contains a positive, mixed anecdote about setup and retrieval that includes Bread, but it is not a product review or prevalence estimate. No verified recent Bread-specific problem was found; do not turn the secondary 4.50% signal into an offer without a readable primary term, rate, and penalty.

Rank 9 — E TRADE direct bank CD Morgan Stanley Private Bank, N.A.

Logo image reference: Official E TRADE bank CD page. No direct image asset or reuse license was independently verified. Accessible fallback alt text: “E TRADE logo.”
Institution: Morgan Stanley Private Bank, N.A., offering the direct-bank E TRADE CD; Member FDIC. This is distinct from E TRADE brokered CDs.
APY: The official page displays an “up to 4.40% ” headline, but the live term APY table was blank. A secondary scan reports 4.40% for 12 months; that term-specific rate is not primary-confirmed .
Term: The product page states 6 months to 5 years ; the exact term attached to the 4.40% headline is unverified.
Minimum deposit: None stated on the captured product page.
Eligibility and availability: U.S. retail online bank product; no all-50-state or state-by-state rule was captured, so national availability is unclear .
Early-withdrawal penalty and liquidity: The official schedule lists 90 days of interest for 12 months, 135 days for 18 months, 180 days for 2 years, 270 days for 3 years, and 450 days for 5 years. Partial withdrawals are not permitted.
Source citation: E TRADE bank CD, E TRADE bank rate and fee schedule, and the Bankrate scan for the secondary rate signal.
User issue or watch-out: An older, mixed service discussion reports long setup waits and difficulty resolving account holds or fraud verification. It is general bank-service feedback, not a CD-specific incident or prevalence estimate. Keep the blank rate table and no-partial-withdrawal rule prominent.

Rank 10 — Credit One Bank High Yield Jumbo CD

Logo image reference: Official Credit One CD page. No direct image asset or reuse license was independently verified. Accessible fallback alt text: “Credit One Bank logo.”
Institution: Credit One Bank; Member FDIC, with FDIC certificate number 25620 identified in the product evidence.
APY: Unverified. The primary page did not expose a usable APY row. Investopedia reported a 4.40% offer, but the report is secondary and does not establish the exact current terms.
Term: Unverified. The secondary report did not capture the exact term attached to the 4.40% figure.
Minimum deposit: $100,000.
Eligibility and availability: Online deposit product; promotional or new-money conditions may apply. No all-50-state or state-by-state rule was captured, so national availability is unclear .
Early-withdrawal penalty and liquidity: The provider says a penalty may apply, but the exact schedule was not captured.
Source citation: Credit One Bank deposits and CDs, Investopedia jumbo-CD scan, and FDIC deposit insurance.
User issue or watch-out: No recent candidate-specific issue was found in the sampled feedback. The $100,000 jumbo minimum, unreadable primary rate and term, and missing penalty schedule make this a watch item rather than a confirmed rate leader.

Current Federal Reserve rate and its impact on CDs

The Federal Open Market Committee maintained the federal funds target range at 3.50%–3.75% on July 29, 2026 . The latest published effective federal funds rate in the source set was 3.63% for August 6, 2026 ; it is an observed overnight market rate, not a real-time quote and not a consumer CD APY. The FOMC sets the target range; the New York Fed publishes the effective rate observed in qualifying transactions. See the Federal Reserve FOMC statement, Federal Reserve policy-rate explanation, New York Fed EFFR methodology, and latest New York Fed reference-rate data.

The Federal Reserve says target-range changes influence short-term rates and broader financial conditions. It is reasonable to infer that bank funding costs, liquidity needs, and competition can move new CD APYs in the same general direction, but this is not a one-for-one rule: a bank can reprice selected terms before or after an FOMC decision, hold an APY steady, or price differently for its own funding needs. An existing fixed-rate CD remains governed by its account disclosure through maturity; a later Fed move does not retroactively change its contracted APY. See the Federal Reserve monetary-policy explanation and Federal Reserve research on bank funding costs.

Rate versus period: how the choice changes the outcome

APY: APY is an annualized effective yield under the account’s stated conditions. Compare APYs on the same term and with the same minimum, eligibility, renewal, and withdrawal conditions. A 4.35% APY for 18 months and a 4.25% APY for 120 months are not like-for-like outcomes.
Term: The term is the planned lock-up until maturity. A shorter term can provide an earlier reinvestment point; a longer term can preserve a favorable fixed rate for longer, but it also delays access and may carry a larger penalty.
Liquidity: Early withdrawal generally incurs a penalty, and some contracts restrict partial withdrawals or allow a penalty to reduce principal. Automatic renewal and the grace-period length can also change the practical access window. The CFPB CD explainer and FDIC CD shopping guide recommend checking those terms before opening a CD.
Compounding: The illustration below treats APY as an effective annual yield and applies geometric growth. Actual maturity proceeds depend on the institution’s compounding frequency, interest-payment option, day-count convention, taxes, fees, renewal choice, and any early-withdrawal penalty. Disclosure requirements for the penalty and renewal terms are summarized by the CFPB Regulation DD interpretation.

At a constant illustrative 4.25% APY, $10,000 produces about $425.00 over 12 months and $868.06 over 24 months before taxes, fees, or penalties. The 24-month figure is a scenario, not a promise that a bank will renew at today’s rate. Shorter terms preserve an earlier decision point but expose the saver to reinvestment risk; longer terms trade flexibility for rate-lock protection.

Verification notes

Only FNBA has explicit national-scope evidence in this bounded set. Popular Direct, Happen, TAB, CFG, Sallie Mae, Bread, E TRADE, and Credit One have unclear nationwide availability; Quorum is membership-limited.
No direct logo image URL, file hash, or reuse permission was independently verified for any rank. The logo references above are official brand-page references with accessible text fallbacks, not permission to embed a trademark.
TAB’s displayed APY conflicts with its headline. Sallie Mae’s higher display is future-dated. Bread, E TRADE, and Credit One lack a fully readable primary rate-and-term row for their higher secondary signals. Exact penalty schedules remain incomplete for Quorum, TAB, CFG, Bread, and Credit One.
The feedback sample is small, self-selected, and mostly anecdotal. “No issue found” means no recent candidate-specific issue was found in that sample; it does not mean the product has no problems.

Report details

<small As of 2026-08-09 UTC. Loop: Daily Top CD Rates. Run: looprun-be1ab0eb-4344-4a4f-a2f6-da883effe56a. Session: Draft ranked no-table CD report. Owner: General Codex Agent. Status: canonical publication candidate; not final publication.< small