SelectRates Media, Inc.

The average of the best six month CD rates was down three basis points or 3/100 of a percent for the week ending June 26, 2009.

CD rates continued to move lower this past week. The average of the best national bank CD rates was down for all terms with the exception of the longer term, five year CDs.

Yields on certificates of deposit in Pennsylvania were down for the week but the rate of decline was restrained on the shorter term CDs.

CD rates in Florida moved lower for the week along with most state bank rates as well as the national bank CD rates.

Over the past several weeks CD rates in Ohio have managed to tumble down a choppy path, having a detrimental impact on the the interest income by bank CD investors.

California CD rates continued to adjust downward for the week ending June 19, 2009.

Short term CD rates in Texas gained some yield for the week while the longer term CD yields lost a little ground.

Based on the weekly survey of banks in the Illinois area by SelectCDrates.com, CD rates for the week ending June 19, 2009 on average fell by a slight sum.

Even though bank savings rates and money market rates starting the week paying relatively low interest rates, this week those rates continued to move even lower.

Despite all the erosion in bank rates in the past weeks, bank savings rates managed to produce an increase in yield for the week ending June 19, 2009.