Are the CD rates at First Republic Bank usually competitive?
The CD rates at First Federal Bank are usually competitive. In 2014, First Federal Bank began bolstering its low rates and is now more competitive, but back in 2013, the bank offered some of the least competitive rates in the industry.
CD rates at First Federal Bank for a five-year CD are just 0.25 percent below the national average, currently offered by Synchronicity Bank for a 60-Month CD, as of 2015. The 2.2-percent rate for the 6+ year CD is 0.74 percent above the national average, and the 1.85-percent rate for the 4+ year CD is 0.45 percent above Ally Bank's Raise Your Rate 4-Year CD.