One Verified CD Increase; Most Matched Deposit Rates Hold Steady

Executive summary. OnlineBankRates added four credit unions and 166 Bank Verified observations, bringing

coverage to 114 institutions. The official comparison ledger confirms a 20-basis-point increase in America First

Credit Union's 24-29 month certificate, from 4.30% to 4.50% APY between September 30 and October 14

disclosures. In the conservative daily breadth panel, one product rose, 11 were unchanged, and none fell. Top

fresh liquid savings remains 5.00% with balance limits; a broadly accessible tracked savings rate reaches 4.20%.

01 / Rate Environment

Deposit pricing is predominantly stable in the measured panel: 1 of 12 strictly comparable observations increased (8.3%), 11

were unchanged (91.7%), and none declined. The observed increase was discovered today but was effective by October 14; it

is not a claim of same-day repricing. Borrowing benchmarks are mixed: the 2-year Treasury rose two basis points Tuesday

while the 10-year fell three, and the latest weekly 30-year mortgage benchmark remains at 7.40%.

02 / Today's Numbers

Benchmark / proprietary measure

Latest

Official date / scope

Effective federal funds rate

3.88%

Oct 19; Fed / FRED

Overnight SOFR

3.88%

Oct 20; New York Fed / FRED

Bank prime rate

7.00%

Latest published Fed H.15

2Y / 5Y / 10Y Treasury

4.79% / 4.94% / 5.12%

Oct 20; U.S. Treasury

6M / 1Y Treasury

4.36% / 4.51%

Oct 20; U.S. Treasury

30Y / 15Y mortgage

7.40% / 6.71%

Oct 15; Freddie Mac PMMS

OBR Savings Index v2.2

3.04% APY

14 eligible fresh institutions

OBR 12M CD Index v2.2

3.95% APY

12 eligible fresh institutions

Best Cash Yield / money market

5.00% / 4.00% APY

Fresh first-party tracked panel

Best broadly accessible savings

4.20% APY

Fresh tracked consumer offers

Highest fresh observed CD

4.87% APY

60-month jumbo; $50,000 minimum

Timing: Treasury data are October 20 closing par yields; SOFR for October 20 was published October 21. The latest independently confirmed

effective federal funds reading is October 19. Freddie Mac publishes its survey weekly; the next release is expected October 22.

03 / Biggest Verified Moves

Exact-comparable product

Prior APY

New APY

Change

America First CU 24-29 month certificate

4.30%

4.50%

+20 bp

Bank5 Connect: 11 matched products

Various

Unchanged

0 bp

Effective-date caveat: America First's comparison uses official September 30 and October 14 disclosures. Eleven Bank5 products were

recaptured from October 19 to October 20 without APY changes. Eight additional unchanged America First products are excluded from strict

breadth because the refreshed geography description was less specific than the prior record; new institutions and new product baselines are

also excluded.

Seven-day daily-audit tally (Oct 15-21): 6 increases, 246 unchanged matched observations, 0 cuts, combining previously published daily audit

panels and today's conservative panel. Counts include repeated product checks and historical panel-method differences; they are not a

unique-product or nationwide seven-day breadth percentage. The largest verified increase in the window was +20 bp (Alliant 12-month variants

and America First 24-29 month certificate); Happen's 24-month CD increased +16 bp in an earlier observation.

ONLINEBANKRATES

DAILY RATE INTELLIGENCE | OCT 21, 2026

OnlineBankRates.com | First-party bank-rate discovery & official benchmarks

Page 2

04 / Where Savers Are Winning

The highest fresh APYs below are from the first-party OnlineBankRates panel, with eligibility and deposit restrictions shown.

Newly discovered credit unions are not automatically fresh: Credit Union 1 rates are aging, Citadel rates undated, and OCCU

rates stale.

Product / term

Tracked institution

Fresh APY

Important restriction

Savings - capped

Chartway Credit Union

5.00%

First $2,499.99; six-month promotion

Savings - capped

MSU Federal Credit Union

5.00%

First $999.99; eligibility rules

Savings - broader access

Newtek Bank

4.20%

No stated relationship requirement

Money market

Bank5 Connect

4.00%

Balances above $1 million earn no interest

6-month CD

Happen Bank

4.30%

$500 minimum

12-month certificate

Hanscom Federal Credit Union

4.50%

Credit union membership; $1,000 minimum

24-month CD

Happen Bank

4.76%

$500 minimum

60-month jumbo certificate

Advancial Federal Credit Union

4.87%

$50,000 minimum; membership

120-month CD

First National Bank of America

4.75%

$1,000 minimum; ten-year term

New institutions: Credit Union 1 (62 observations), Citadel Credit Union (40), California Credit Union (2) and OCCU (6). Citadel's undated 4.40%

promotional certificates and California CU's aging 4.50% 13-month new-money certificate are not ranked as fresh opportunities.

05 / Borrower Watch

The latest Freddie Mac 30-year fixed mortgage average is 7.40% (October 15), unchanged week over week; the 15-year

average is 6.71%. The indicative 30-year mortgage-to-10-year Treasury spread is 228 basis points (7.40% minus 5.12%). This

compares observations from different dates, so it is not a live lender spread. Prime is 7.00% and SOFR is 3.88%; the

prime-to-effective-funds spread is about 312 basis points.

06 / Yield Curve & CD Strategy

Maturity

Best fresh CD APY

Treasury par yield

Nominal lead

6 months

4.30%

4.36%

Treasury +6 bp

1 year

4.50%

4.51%

Treasury +1 bp

2 years

4.76%

4.79%

Treasury +3 bp

5 years

4.87%

4.94%

Treasury +7 bp

10 years

4.75%

5.12%

Treasury +37 bp

The 5-year CD leader requires $50,000. The 2Y-10Y Treasury slope is +33 bp, down 5 bp from October 19. Liquid savings at 4.20% offers

flexibility but its APY can change. CDs and Treasuries differ in compounding, federal/state tax treatment, insurance, withdrawal penalties and

market-price exposure. This is general information, not personalized advice.

07 / Bank Behavior

Fresh-panel comparison

Online-oriented banks

Credit unions

Savings: highest eligible APY per institution

6 institutions; 3.81% mean

8 institutions; 2.46% mean

Exact-12M CDs/certificates

5 institutions; 4.09% mean

7 institutions; 3.85% mean

Strict verified increases today

0

1 (America First)

These are small, nonrandom cohorts. Credit-union savings include low-yield basic share accounts as well as capped promotions. No balanced

fresh sample of large national banks (such as Chase, Citi or Wells Fargo) exists in the first-party panel; national-bank premium and claims about

which group reprices fastest are withheld.

ONLINEBANKRATES

DAILY RATE INTELLIGENCE | OCT 21, 2026

OnlineBankRates.com | First-party bank-rate discovery & official benchmarks

Page 3

08 / OnlineBankRates Takeaway

Today's bank-rate refresh uncovered one verified increase, not a market-wide jump. America First Credit Union's 24-29 month

certificate now pays 4.50%, versus 4.30% on its earlier dated disclosure. Eleven closely matched Bank5 products were

unchanged. Four newly verified credit unions expand the search, but their first observations do not count as rate moves, and

many are aging, stale or undated. The strongest fresh savings headlines remain 5.00% on limited balances; broader-access

savings reaches 4.20%. A two-year CD pays up to 4.76%, nearly matching the two-year Treasury yield, while a five-year jumbo

certificate offers 4.87% with a $50,000 minimum. Mortgage borrowing remains costly at a 7.40% weekly average. Compare

effective dates, membership, balance caps and withdrawal restrictions before choosing an account.

09 / OnlineBankRates Proprietary Metrics

Metric

Oct 20 published

Oct 21 / comparable calculation

Savings Index

3.11% (v2.1)

3.04% (v2.2); 14 institutions

12M CD Index

3.95% (v2.1)

3.95% (v2.2); 12 institutions

Bank Rate Breadth

0 up / 44 same / 0 down

1 up / 11 same / 0 down

Best Cash Yield

5.00%

5.00%; limited-balance savings

Fed Pass-Through Score

Not supportable

Not supportable

Online-vs-National Bank Premium

Not supportable

Not supportable

Methodology-controlled backcast: Applying v2.2 consumer-only filters to the October 20 snapshot yields Savings Index 2.84% (15 institutions)

and CD Index 3.95% (12 institutions). Under that same method, October 21 is 3.04% and 3.95%, respectively. The cross-sectional Savings Index

changed +20 bp because an institution with a low-yield fresh share account aged out; this is not a verified same-bank rate increase. The CD

Index was unchanged. The published October 20 v2.1 value is preserved in history.

Metric definitions: Savings Index v2.2 = arithmetic mean of the highest fresh adult consumer savings APY per institution, excluding

business-only, IRA-only and youth-only accounts. Qualified and capped consumer offers remain included with disclosure. CD Index v2.2 = mean

of highest eligible fresh exact-12-month standard consumer CD/certificate APY per institution, excluding youth-only, IRA-only and

limited-balance EasyStart specials. Best Cash Yield = highest fresh adult savings or money-market APY (not checking). Rate Breadth =

increase/unchanged/cut counts among matched institution/product/term/tier/eligibility/geography observations. Fed Pass-Through Score = 100 x

fixed-cohort mean deposit APY change divided by the corresponding effective-funds-rate change across the policy window; Online-vs-National

Premium = matched online-bank mean APY minus matched large-national-bank mean APY, in basis points. Both are withheld until matched

samples are sufficient.

ONLINEBANKRATES

DAILY RATE INTELLIGENCE | OCT 21, 2026

OnlineBankRates.com | First-party bank-rate discovery & official benchmarks

Page 4

10 / Data Coverage and Quality

5 AM collection measure

October 21 result

Starting / newly verified / ending institutions

110 / 4 / 114

Bank Verified observations appended

166

Historical Bank Verified observations

4,289

Deduplicated latest production observations

2,908

Third Party Verified production observations

0

Fresh / aging production observations

613 / 1,552

Stale / undated production observations

367 / 376

Known official URLs checked / registered

3 / 182

Official URLs attempted total / numeric recaptures

20 / 14

Known official URLs not checked

179

Official-source retrieval failures

0

Remaining institution discovery queue

96

Only three previously known official URLs were attempted; most historical observations were carried forward with their original dates. The 166

appended observations comprise 110 new-institution baselines and 56 recaptures/new product variants from existing institutions. This is a

partial numerical refresh, not a full census. No third-party substitutes were promoted to Bank Verified production rates.

Data & Methodology Disclosure

First-party deposit observations: OnlineBankRates 5 AM discovery archive dated October 21, 2026, observed at 10:02:42 UTC. Rates are

considered fresh when the institution-owned effective date is within 7 calendar days; aging = 8-30 days, stale = over 30 days, undated = no

reliable effective date. Freshness does not mean the offer was independently recaptured today. New institutions/products do not count as rate

changes. Seven-day comparison totals sum prior daily panels, may repeat products, and are not nationwide estimates. Rates and eligibility may

change without notice. This is general information, not personalized financial advice.

Official Benchmark and Bank Sources

U.S. Treasury: daily par yield curve, Oct 20 | Official source

New York Fed: SOFR | Official source

Federal Reserve H.15: effective funds / prime | Official source

Freddie Mac PMMS: Oct 15 weekly survey | Official source

America First Credit Union: certificate rates | Official source

Bank5 Connect: official deposit rates | Official source

Advancial FCU: official rate sheet | Official source

Hanscom FCU: certificate rates | Official source

Newtek Bank: savings disclosure | Official source