So when the fed funds rate is low, CD rates tend to be lower. For example, if the rate is 5.50% for a 1-year CD, the bank or credit union will pay you 5.50% in interest on your money for keeping it in the account, untouched, for 12 months.ĬD rates typically follow the trend of the fed funds rate. What Is a CD Rate?Ī CD rate is an interest rate that shows what a bank or credit union will pay you for depositing your money with them for a certain period of time.

These accounts are more liquid, so if you feel you may need access to your money sooner, consider a savings or money market account rather than a CD. Many of the banks and credit unions in our best CD rates rankings above also offer high-yield savings accounts and/or money market accounts with competitive rates. The higher the capitalization number the more secure a bank is considered.Ranked by highest APY, then shortest term, then lowest minimumįor more options, see our in-depth 3-month CD rankingsįor more options, see our in-depth 6-month CD rankingsįor more options, see our in-depth 1-year CD rankingsįor more options, see our in-depth 18-month CD rankingsįor more options, see our in-depth 2-year CD rankingsįor more options, see our in-depth 3-year CD rankingsįor more options, see our in-depth 4-year CD rankingsįor more options, see our in-depth 5-year CD rankingsĭepartment of Commerce Federal Credit Unionįor more options, see our in-depth 10-year CD rankings Capitalizationīaker-Boyer National Bank has a Capitalization of 5.71% versus the BestCashCow average of 10.43.Ĭapitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. A bank with a consistently high ROE can be considered well run.Ī bank with a consistently low ROE can be considered poorly run. Return on equity measures how efficiently a bank is making money from its capital.

To cover these potential losses it had $41,326,000 in equity and $3,407,000 in loans loss reserves.īaker-Boyer National Bank has a Return on Equity of 8.19% versus the BestCashCow average of 13.18%. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bankīaker-Boyer National Bank had $971,000 in non-current loans and $1,281,000 in owned real estate. With its tangible common equity and its loan loss reserves.Ī lower Texas ratio indicates better coverage of problem loans. The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) No depositor has ever lost deposits that have been within the FDIC insurance limits. The following ratios and data are available to help you better understand the financial condition of Baker-Boyer National Bank.

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