Oct 2026 CD rate report
Month-to-date monitoring from verified bank and credit union quotes.
Key findings
The one-year median was 3.55% across 416 independent institutions, with P90 at 4.25% (Oct 24, 2026). A comparable previous month-end observation is unavailable; no month-over-month change is inferred.
Observed APY changes: 68 repricing events across 12 independent institutions. 8 institutions had at least one increase and 5 had at least one decrease; an institution can appear in both counts. Mean signed change per event: +38.7 bp.
Stored daily observations cover 3 days, from 2026-10-22 through 2026-10-24. Daily index history starts 2026-10-22. Missing days and an incomplete launch month are not reconstructed.
Term medians and changes from the previous month-end
| Term | As of | n | Median | P90 | Prior month-end n | Median change | P90 change |
|---|---|---|---|---|---|---|---|
| 3 months | 2026-10-24 | 255 | 2.80% | 3.80% | — | — | — |
| 6 months | 2026-10-24 | 381 | 3.40% | 4.05% | — | — | — |
| 1 year | 2026-10-24 | 416 | 3.55% | 4.25% | — | — | — |
| 2 years | 2026-10-24 | 401 | 3.40% | 4.25% | — | — | — |
| 5 years | 2026-10-24 | 372 | 3.15% | 4.28% | — | — | — |
Largest observed increases and decreases
| Institution | Product / term / tier | Old APY | New APY | Change | Observed UTC |
|---|---|---|---|---|---|
| First Financial Credit Union (New Mexico)No ZIP price | Term Share/IRA Jumbo Certificates 30 months · $25,000 | 3.09% | 4.18% | +109 bp | 2026-10-24 |
| First Financial Credit Union (New Mexico)No ZIP price | Term Share Certificates (TSC) 30 months · $1,000 | 2.99% | 4.07% | +108 bp | 2026-10-24 |
| First Financial Credit Union (New Mexico)No ZIP price | 1st Certificates 30 months · $250 | 2.99% | 4.07% | +108 bp | 2026-10-24 |
| First Financial Credit Union (New Mexico)No ZIP price | Kirby Kid Certificates 30 months · $500 | 2.99% | 4.07% | +108 bp | 2026-10-24 |
| First Financial Credit Union (New Mexico)No ZIP price | Term Share/IRA Jumbo Certificates 24 months · $25,000 | 3.30% | 4.18% | +88 bp | 2026-10-24 |
| Palmetto Citizens Federal Credit UnionNo ZIP price | Add-To Certificate 12 months · $500 | 3.82% | 3.40% | -42 bp | 2026-10-24 |
| Palmetto Citizens Federal Credit UnionNo ZIP price | Add-To Certificate 12 months · $100,000 | 3.87% | 3.45% | -42 bp | 2026-10-24 |
| Palmetto Citizens Federal Credit UnionNo ZIP price | Add-To Certificate 12 months · $250,000 | 3.92% | 3.51% | -41 bp | 2026-10-24 |
| BankNewportNo ZIP price | Limited Time CD - Existing Money 24 months · $1,000 | 4.50% | 4.25% | -25 bp | 2026-10-24 |
| BankNewportNo ZIP price | Limited Time CD - Existing Money 18 months · $1,000 | 4.50% | 4.25% | -25 bp | 2026-10-24 |
Recent change ledger · Research on ZIP pricing, promotional gaps and term curves
Treasury premium and inflation context
Mean one-year CD APY minus the same-term Treasury APY-equivalent: -134.3 bp (Treasury date: 2026-10-23). Change versus the previous month-end: —.
CPI-U reference month 2026-09: 3.74% year over year. The one-year median's inflation-adjusted illustration is -0.18%, using (1 + APY) / (1 + CPI) − 1, before tax. This compares a quoted forward APY with trailing inflation, rather than a realized return or inflation forecast. In a frozen report, CPI is the last value recorded while the report was live.
Model inflation and taxes · Compare a CD with Treasury interest after tax
Methodology and citation
Fixed templates render the downloadable facts directly; no language model generates claims or investment recommendations. Index version 1 selects one exact-term, applicable $10,000 quote per regulator, verified in the preceding seven days. Relationship-only quotes are excluded. Each reported distribution requires 30 independent institutions. This is a tracked sample, not a deposit-weighted national average.
The current month uses fresh quotes. A closed month uses the latest stored daily observation in that month for each term and is then frozen. Comparisons require an observation on the exact final calendar day of the prior month. Changes in coverage can move medians independently of repricing. Repricing events require non-null, unequal old and new APYs; counts cover observed events only and can include multiple terms, tiers and ZIP quotes from one institution.
Source evidence for current index inputs: index data and snapshots. Benchmark sources: U.S. Treasury and BLS CPI-U. Collection methodology · Corrections.
Cite APY Ledger, “Oct 2026 CD rate report,” data through 2026-10-24, https://apyledger.com/reports/2026-10. Facts are available under CC BY 4.0.