A 4.65% Long-Term CD Debuts as Treasury Yields Retreat

A 4.65% Long-Term CD Debuts as

Treasury Yields Retreat

Executive summary. All 14 exact-comparable Marcus rates were unchanged today, so measured deposit breadth remains stable. Coverage expanded to 56 verified institutions with First National

Bank of America and United Fidelity Bank. FNBA adds a 4.65% 10-year CD, while the October 6

Treasury curve declined across two, five and ten years.

Rate Environment

Deposit rates are stable in the measured comparison set, while borrowing benchmarks are mixed. Today's panel recorded zero increases, 14 unchanged exact-comparable observations and zero cuts. Treasury yields fell at key maturities, while SOFR edged up and prime remained unchanged.

FACT: 0 increases, 14 unchanged and 0 cuts. CALCULATION: Bank Rate Breadth = 0% up /

100% unchanged / 0% down. INTERPRETATION: bank pricing held steady in a narrow

comparable panel; 25 new products expand choice without proving broad repricing.

Today's Numbers

Current leaders: 4.20% broadly accessible savings at Newtek Bank, 4.05% money market at CFG Bank, 4.40% at 12 months from Marcus, and

4.65% overall from First National Bank of America at 120 months.

Rates may change without notice. Eligibility, balance, geography and relationship requirements may apply. 1

Biggest Moves

No verified rate increase or cut occurred today. Marcus held 14 savings and CD rates at prior levels. First National Bank of America and United Fidelity Bank contributed 25 first observations, which do not enter the change count.

The largest seven-day moves remain Marcus's October 2 increases: the 20-month Rate Bump CD rose 60 basis points to 4.35%, and the 12-month High-Yield CD rose 50 basis points to 4.40%. Six additional Marcus CDs increased five basis points. Across 104 exact-comparable observations from October 1 through October 7, 7.7% increased, 92.3% were unchanged and none decreased.

Where Savers Are Winning

First National Bank of America also offers 4.55% at seven to nine years and 4.50% at five and six years. United Fidelity enters at 4.35% for six months. FNBA's 4.50% rewards-checking rate requires monthly activity and applies only up to

$20,000, so it is not treated as the Best Cash Yield.

Borrower Watch

The October 6 Treasury curve fell five basis points at two years, three at five years and four at ten years from October

5. The latest mortgage benchmark remains 7.28%, up 25 basis points week over week. The mortgage-to-10-year

Treasury spread widened to approximately 201 basis points because the Treasury yield declined.

Prime remains 7.00% and effective fed funds remains 3.88%. SOFR increased one basis point to 3.90% for October 6.

Market borrowing signals therefore softened at longer maturities but did not provide broad relief to consumers.

Rates may change without notice. Eligibility, balance, geography and relationship requirements may apply. 2

Yield Curve / CD Strategy

Short CDs remain the most competitive part of the bank-deposit curve, while FNBA establishes a new long-term leader.

United Fidelity reaches 4.35% at six months, Marcus reaches 4.40% at one through six years, and FNBA reaches 4.65% at ten years. Treasuries still lead standard one-to-ten-year comparisons.

Liquid savings remains competitive for access to funds, while short CDs contain a few yield advantages. Treasuries provide the strongest nominal yields across much of the two-to-five-year range. This comparison is not personalized financial advice; liquidity, withdrawal penalties, state taxation, market-price exposure and deposit-insurance limits can change the practical result.

Bank Behavior

Online-oriented Marcus supplied all 14 exact-comparable observations today, and every rate was unchanged. First

National Bank of America added 22 bank baselines and United Fidelity added three online-CD baselines; no credit-union observations were refreshed. No group produced a verified increase or cut.

Over the last seven days, online banks are the only group with verified increases, but all eight came from Marcus. That concentration is too narrow for a statistically sound fastest-moving group ranking. The Online-vs-National Bank

Premium remains unpublished until the institution-group sample is sufficiently balanced.

OnlineBankRates Takeaway

Deposit pricing held steady among products with valid prior comparisons, but today's

new banks expanded the choices available to savers. First National Bank of America now

leads the verified CD panel at 4.65%, although earning that rate requires a 10-year

commitment. United Fidelity offers a more flexible 4.35% six-month CD, and broadly

accessible liquid savings still reaches 4.20%. Treasury yields declined Tuesday, but

government securities continue to pay more than leading bank CDs at standard one-,

two-, five- and ten-year maturities. Borrowers received little direct relief: prime remains

7%, the latest mortgage benchmark is 7.28%, and SOFR rose to 3.90%. The useful

comparison is not headline APY alone, but yield alongside maturity, liquidity, eligibility

and withdrawal terms.

Rates may change without notice. Eligibility, balance, geography and relationship requirements may apply. 3

Proprietary Metrics

Data Coverage

Rates may change without notice. Eligibility, balance, geography and relationship requirements may apply. 4

Compare deposit options

Verified CD rates · Savings rates · Savings calculator

Linked source evidence

• https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2026
• https://markets.newyorkfed.org/api/rates/all/latest.json
• https://www.federalreserve.gov/releases/h15/
• https://www.freddiemac.com/pmms

Archive note: Coverage, historical counts, indexes, and market benchmarks above describe the supplied collection report, not the website’s total holdings or a new check of every institution. Rates and restrictions may have changed since the stated dates.