Top 1-Year CD Rates Exceed 4.40% After Fed Hike, Old National Says

PUBT · 2d ago
Top 1-Year CD Rates Exceed 4.40% After Fed Hike, Old National Says
  • Old National's November 5, 2026, analysis highlights higher certificate of deposit yields amid uncertainty over the Federal Reserve's next move.
  • The Fed's September rate hike lifted its benchmark range to 3.75%-4%, pushing top 1-year CD offers above 4.4%.
  • As of early October, the highest tracked 1-year CD rate reached 4.45% APY, versus the FDIC national average of 1.73%.
  • Fixed rates suit savings earmarked for known near-term expenses; early withdrawal penalties can exceed earned interest, reducing principal.
  • CD ladders provide staggered access to funds, while no-penalty CDs offer withdrawal flexibility at typically lower yields.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Old National Bancorp published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.