Rates

It's useful to compare interest rates offered by different types of accounts.

As you probably know, the highest rate by far is offered by Texas Star Checking is at 5%. It is hard to get it, since there are numerous conditions and restrictions. Apart from that, the highest rate is 2.9% for a 48-month CD (this rate goes to 3.15% if you have over $100,000). The penalty for early withdrawals is half a years worth of interest, so its actually worth taking this option even if youre not sure whether you need the money earlier.

Even if you plan to access your money within a year or two, CDs still offer the best deal. With the rates on 1-year CD at 1.7%, it will beat the rate on any other account types.

Only if you access you money on a regular basis should you put it into a money market account at 1.25%.

Texas Heritage National Bank checking accounts and Texas Heritage National Bank savings accounts rates are lower still, and there's really no reason to use them unless you can't meet the requirements for the money market account.

At a competitive 1.00% APY for a 24-month CD, Tri State Bank of Memphis CD rates are well along the lines of the national average. If you are interested in taking advantage of this low risk investment opportunity, then there are some basic terms you should be aware of, including:

• Minimum opening balance of $1,000 required
• Early withdrawal penalties will apply
• Rates subject to change at banks discretion
• FDIC insured

If you are interested in putting your money into a CD with this 24-month rate, you can drop in at any of the bank's five branches in the city of Memphis.

>>Best 2-Year CD Rates

Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

With a 1.75% APY, 1st Commonwealth Bank of Virginia has one of the best savings account rates currently available. The bank has created this account as a simple way to save money and to do so, some terms must be met including:

• Minimum opening balance of $5 required
• Bank reserves right to...

Southern Missouri Bank of Marshfield has a totally free checking account that is great for consumers looking for a transaction account that does not cost a thing.

With checking accounts, consumers have the means required to pay off bills and debt in a timely fashion. If you are interested in...

The Cleveland Bank has a 100-year history of providing financial services to the city of Cleveland and surrounding neighborhoods, offering depositors some of the area's best savings account rates . The company was originally founded in 1901 as the Triangle Bank and received the odd moniker...

Check out the latest best 6 month CD Rates. These are the most up to date rates so far for 6 month CD Rates.

Current Top 20 Best 6 Month CD Rates from Local Banks:

Here are the latest best savings account rates that we've collected that are over 1.75% APY. By far the top 4 banks that offer the best savings account rates currently are: Suburban...

With the high interest that Texas Heritage offers on some of its checking accounts, does it make sense to open a savings account at the bank?

Assuming you don't qualify for the 5% APY, the interest on the savings accounts is slightly higher than on the checking accounts. Specifically, you get...

As you might have read in the Texas Star Checking article, Texas Heritage National Bank has a checking account with one of the highest interest rates in the nation.

However, the conditions for getting the 5% APY are quite strict. Therefore, it is worthwhile to look at the other Texas Heritage...

Usually, banks offer attractive rates on savings accounts only up to a certain amount (usually $10,000). This is because banks try to attract customers by taking a small loss on the interest paid above the market rates. However, if you deposit too much money (say $100,000), the bank would lose...