Best CD Account Rates

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Featured Rates (APY) Bank / Credit Union Location Account Type Share
1.15%
As of February 6, 2012
2-Year CD Rate
 

Ally Bank
 
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Best Rates (APY) Bank / Credit Union Location Account Type Share
2.25%
As of February 8, 2012
View Rate Details Euclid, OH CD Account
2.07%
As of February 1, 2012
View Rate Details New York, NY CD Account
2.00%
As of February 10, 2012
View Rate Details Baltimore, MD CD Account
2.00%
As of February 8, 2012
View Rate Details Euclid, OH CD Account
2.00%
As of February 8, 2012
View Rate Details Euclid, OH CD Account
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Rates can change. Rates based on $10 000 deposit. See individual banks for the latest details and requirements.

CD ACCOUNTS » Certificate of Deposit News

Posted in 6 Month CD , CD Rates , Credit Union , Rates

Navigator Credit Union is currently offering an excellent 6-month CD rate of .95% APY.

A balance of $25,000 or less will earn this CD rate. There may be a penalty for early withdrawal and interest rates are subject to change without notice. 6-Month CD Rates Deal of the Day: Navigator Credit Union at .95% APY

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Posted in 2 Year CD , CD Rates , Local Banks , Rates

Depositors with patience are rewarded with the best CD rates at Viking State Bank & Trust. Today, this bank is offering an excellent 24-month CD rate of 1.60% APY.

You must deposit a minimum of $500 to open this CD account and earn the specified rate. Interest is compounded semi-annually and the APY assumes principal and interest remain on deposit for the entire term. A penalty for early withdrawal will apply. 24-Month CD Rates Deal of the Day: Viking State Bank at 1.60% APY

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Posted in 12 Month CD , CD Rates , Local Banks , Rates

The basic philosophy at High Trust Bank is to provide exceptional banking service while treating each customer exactly as they at this bank wish to be treated. That exceptional treatment includes the opportunity to earn the best CD rates, like today’s offer for a 12-month CD rate of 1.15% APY.

The minimum deposit required to open an account and earn this CD rate is $1,000. Certificate of deposit rates are fixed for the entire term, but new CD rates are subject to change at any time. Please note there is a penalty for early withdrawal and the APY on all CDs assumes principal and interest remain on deposit until the account matures. 12-Month CD Rates Deal of the Day: High Trust Bank at 1.15% APY

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Posted in 2 Year CD , CD Rates , Local Banks , Rates

Whether you’re saving for a particular goal or just want a nice cushion in case of an emergency, Pentucket Bank can help you grow your savings faster with the best CD rates possible. Today, this bank is offering a 24-month CD rate of 1.61% APY.

The minimum deposit required to open an account and earn the specified interest rate is $500. CDs are subject to an early withdrawal penalty and rates may change at any time without notice at the discretion of the bank. 24-Month CD Rates Deal of the Day: Pentucket Bank at 1.61% APY

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Posted in 12 Month CD , CD Rates , Local Banks , Rates

UniBank makes providing customers the best interest rates a top priority and is currently offering a great 12-month CD rate of 1.25% APY.

The minimum deposit required to open a CD is $1,000. Interest is compounded continuously and your earnings may be transferred to another UniBank account without penalties or mailed to you monthly. The penalty for early withdrawal is 90 days’ interest and rates are subject to change at any time in the future. 12-Month CD Rates Deal of the Day: UniBank at 1.25% APY

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Posted in 6 Month CD , CD Rates , Local Banks , Rates

Meadows Bank is here to provide you and your finances with “fields of opportunity.” With that in mind, Meadows Bank is currently offering a 6-month certificate of deposit account that earns up to .50% APY.

In order to be eligible for the stated APY for this 6-month CD, please contact the financial institution directly for more account information like the minimum balance requirement. Rates are subject to change at any time. Early withdrawal before the account reaches maturity will result in a penalty. 6-Month CD Rates Deal of the Day: Meadows Bank at .50% APY

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Posted in 12 Month CD , CD Rates , Local Banks , Rates

Beal Bank recently acquired New South Federal Savings Bank of Irondale, Alabama as well as UmbrellaBank.com. Their mission is to provide all clients with the best possible banking experience–complete with competitive interest rates for their wide variety of deposit accounts and loans. Today, Beal Bank is offering a 12-month CD rate of 1.01% APY.

In order to be eligible for this interest rate, there is a $10,000 minimum to open this 12-month CD account. A penalty may be imposed for early withdrawals. Rates are subject to change and also may vary depending on location. Please contact Beal Bank directly for more information regarding interest rates. 12-Month CD Rates Deal of the Day: Beal Bank at 1.01% APY

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Posted in 6 Month CD , CD Rates , Credit Union , Rates

Today, GECU is offering their members one of the best CD rates available anywhere with a 6-month CD interest rate of .95% APY.

Only members of the credit union are eligible to open an account and earn the specified CD rate. The minimum deposit required in $2,500. You may choose to have interest earned compounded, deposited into another GECU account or mailed to you in a check. Please note there is a penalty for early withdrawal and rates are subject to change at any time. 6-Month CD Rates Deal of the Day: GE Credit Union at .95% APY

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Posted in 2 Year CD , CD Rates , Local Banks , Rates

Roma Bank is one of the few financial institutions offering high CD rates these days, and customers are presently able to enjoy great rates like the 24-month CD that offers 1.65% APY.

A minimum balance of $1,000 is required and interest is compounded daily. There is a penalty for early withdrawal. CD rates are guaranteed from the day you open the account until the day it matures. However, new CD rates are subject to change at the discretion of Roma Bank. 24-Month CD Rates Deal of the Day: Roma Bank at 1.65% APY

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Posted in 6 Month CD , CD Rates , Credit Union , Rates

With the simple philosophy of “people helping people” in mind, North Star Community Credit Union does its best to offer the highest CD rates possible. For instance, the credit union is providing members a great 6-month CD rate of .85% APY.

If you would like to open an account and begin earning this CD rate, you must first become a member of the credit union. There is a $500 minimum deposit and the APY assumes dividends are added to principal quarterly. Dividends may be added to principal or paid to the share account quarterly. Please note that there is a penalty for early withdrawals. 6-Month CD Rates Deal of the Day: North Star Community Credit Union at .85% APY

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Learn More About CD Accounts

A Certificate of Deposit or CD is a special account offered by most banks to help consumers save more money than a standard account. CDs are similar to savings accounts in that they are insured and thus virtually risk-free because they are insured by the FDIC (Federal Deposit Insurance Corp).

They are different from savings accounts because a CD account has a specific, fixed term anywhere from a few months to a few years. The Interest Rate is also typically fixed and can often be higher than other savings account because a consumer is committing their money for a longer time to the bank, and the bank can use that money to lend and make loans.

Fixed interest rates are common, but some banks offer CDs with various forms of variable rates and special offers as well.

Investing in CDs for Beginners

Do you have money in the bank that isn't earning you any interest or very little interest? Have you thought about investing your money in the stock market, but decided not to in the end because you don't want to risk losing all your hard-earned money?

More people are investing in Certificate of Deposits (CD) these days and are finding that high CD rates are a great way to build their personal financial wealth without all the risk. Remember, time is money; get started on a CD account today.

You definitely don't need to be a financial expert to build your wealth - the following articles will show you how CDs work and strategies to build your wealth.

Most Recent CD Account Rate Changes

Pentucket Bank 2 Year CD Account
1.41% to
1.30%
Date: Feb 10, 2012
Houston Police Credit Union 2 Year CD Account
1.34% to
1.29%
Date: Feb 10, 2012
Houston Police Credit Union 12 Month CD Account
1.26% to
1.25%
Date: Feb 10, 2012
Security Service Federal Credit Union 2 Year CD Account
1.05% to
1.14%
Date: Feb 10, 2012
Fedone Credit Union 2 Year CD Account
1.21% to
1.11%
Date: Feb 10, 2012
 

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