Bank CD Rate Comparison
In this time of low rates, I thought it would be helpful to provide a Bank CD Rate Comparison. There are numerous Bank rates out there, but here are some of the best. I didn’t limit this to just banks, because there are some credit unions that are Federally insured by the NCUA and have better rates than many banks. Your deposits are just as safe and just as insured as if they were in an FDIC insured bank.
Alliant Credit Union, IL — 3.40% APY, 1-year CD — $25 membership fees — $25,000 minimum
4.00% APY, 3-year CD — Click here
Capital One Bank, VA — 4.00% APY, 7-year CD — $5,000 minimum
Note: Capital One has two banks so you can get double the insurance. — Click here
GMAC Bank, PA — 3.00% APY, 1-year and 18-month CD — $500 minimum — Click here
So there are a few rates to help you with your Bank CD Rate comparison. Remember don’t be afraid of credit unions.
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Here is an interesting blog, My Recession Survival Guide.