As of July 1, 2025, Community Bank & Trust is offering the best CD rate at 4.71% for its 3-month CD. CDs are a safer ...

Some banks and credit unions pay very high interest rates on their kids savings accounts. Find out if your child qualifies.

However, rate cuts are still on the table in 2025. If the Fed does cut rates, or even signals rate cuts for later this year, banks could begin lowering CD rates in advance. In fact, some already have.