Certificates of deposit are a popular choice with investors because they usually offer higher interest rates than regular savings accounts. Of course, not all CD rates are just as good as other deposit accounts.
Delray Beach Banking Rates compiles rates data from a database of over 3,000 banks and credit unions to bring you current CD rate information and help you find the best accounts. 
| Featured Rate | Bank / Credit Union | Account Type | |
|---|---|---|---|
|
1.10%
As of May 14, 2012
|
 |
CIT Bank
|
CD Account |
|
1.09%
As of May 15, 2012
|
|
Ally Bank
|
CD Account |
| Highest Rates Recent Rate Changes | |||
| Best Rates (APY) | Bank / Credit Union | Account Type | |
|
1.20%
As of May 8, 2012
|
View Rate Details | OptimumBank | CD Account |
|
1.20%
As of April 26, 2012
|
View Rate Details | Bank of Coral Gables | CD Account |
|
1.05%
As of May 2, 2012
|
View Rate Details | TransCapital Bank | CD Account |
|
1.05%
As of April 26, 2012
|
View Rate Details | First East Side Savings Bank | CD Account |
|
1.01%
As of May 10, 2012
|
View Rate Details | EverBank | CD Account |
|
0.95%
As of May 4, 2012
|
View Rate Details | BankUnited | CD Account |
| Bank / Account Type | Rate Change | Date | |
|---|---|---|---|
| EverBank - 12 Month CD Account | 0.70% to 0.75% | May 10, 2012 | |
| First Citizens - 12 Month CD Account | 0.20% to 0.15% | May 9, 2012 | |
| Publix Employees Credit Union - 2 Year CD Account | 0.95% to 0.90% | May 9, 2012 | |
| EuroBank - Florida - 12 Month CD Account | 0.65% to 0.36% | May 9, 2012 | |
| City County Of Fort Lauderdale Credit Union - 12 Month CD Account | 1.00% to 0.75% | May 2, 2012 | |
| Great Eastern Bank of Florida - 2 Year CD Account | 0.49% to 0.48% | Apr 30, 2012 | |
CD rates can vary greatly depending on the term and location of the account. Don’t settle on the first rate you’re offered; researching the rates from all the banks and credit unions in your area will likely result in finding competitive offers you never knew existed.
High CD rates can really make your earnings add up, and have a very welcome impact on your finances. Delray Beach Banking Rates researches the highest CD rates so you don’t have to – you’ve already worked hard enough as it is. Get some assistance when it comes to securing your financial future.
The most difficult, and important, decision to make when investing your hard-earned money is which type of investment account should you choose. Certificate of deposits mature at a fixed rate on a fixed length of time, so you know what you’re getting up front. Mutual Funds may give a higher return, but are risky because they rely on the success of the stock market and the choices of the firm doing the investing on your behalf. Be sure to do your research on Delray Beach Banking Rates before you decide.
Delray Beach Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.
A clear advantage of investing in CD‘s is that CD Rates are fixed, meaning you lock in an interest rate for the entire term of the CD, and it does not change. When interest rates are dropping, your CD stays at a higher rate. If you money is in a savings account, or interest paying checking account, your interest rate will drop daily, if rate are falling. Learn from Delray Beach Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.
