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Best Certificate of Deposit Rates 12 months September 2011
No CommentsSearching as to which bank offers the best certificate of deposit rate? Below are the best certificate of deposit rates for a 12 month CD.
1. AloStar Bank – 12 months CD at 1.21%APY. $1,000 is the minimum required to open. Also, it offers a 6 month CD at 1.05%APY that requires $1,000 minimum opening deposit.
2. Discover – 12 months CD at 1.15%APY. Requires $2,500 minimum opening deposit.
3. giantbank.com – 12 month CD at 1.15%APY. Also requires $2,500 minimum opening deposit.
4. Ally Bank – 12 month high yield CD at 1.14%APY. No minimum deposit is required.
5. GB - 12 month CD at 1.14%APY. Requires $5,000 minimum opening deposit.
6. Aurora Bank – 12 month CD at 1.14%APY. Requires $1,000 to open.
7. ASCENCIA, a division of PBI Bank – 12 month CD at 1.13%APY. $500 is the minimum opening deposit.
8. AIG Bank – 12 month Signature CD at 1.10%APY. Requires $2,500 minimum opening deposit.
9. Colorado Federal Savings Bank – 12 month CD at 1.10%APY. Requires $5,000 minimum opening deposit.
10. Nationwide – 12 month CD at 1.05%APY. APY applies to account deposits from 0-9,999.00.
11. One West Bank – 12 month CD at 1.00%APY. Available online, at a branch or for retirement accounts.
A certificate of deposit is a time deposit, one of the many financial products offered by banks to its customers in the United States. It is a special type of deposit account that investors who are looking for relatively low risk investment would turn to. Individuals who have idle cash are guaranteed to earn a fixed interest rate with this type of worry free investment.
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Published on September 19, 2011 · Filed under: IRA CD Rate; Tagged as: 12 month CD, 12 month CD rate, best certificate of deposit rates



