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.
Doylestown 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 | |
|
1.28%
As of March 14, 2012
|
View Rate Details | Public Savings Bank | CD Account |
|
1.25%
As of May 4, 2012
|
View Rate Details | Cecil Bank | CD Account |
|
1.20%
As of May 16, 2012
|
View Rate Details | Hyperion Bank | CD Account |
|
1.20%
As of May 3, 2012
|
View Rate Details | The Bank of Princeton | CD Account |
|
1.18%
As of May 4, 2012
|
View Rate Details | Union Center National Bank | CD Account |
|
1.15%
As of May 11, 2012
|
View Rate Details | Monument Bank | CD Account |
| Bank / Account Type | Rate Change | Date | |
|---|---|---|---|
| Hyperion Bank - 12 Month CD Account | 1.02% to 0.75% | May 16, 2012 | |
| Superior Credit Union - 12 Month CD Account | 0.90% to 0.60% | May 16, 2012 | |
| Polonia Bank - 12 Month CD Account | 0.60% to 0.50% | May 14, 2012 | |
| Susquehanna Bank - 12 Month CD Account | 0.25% to 0.20% | May 10, 2012 | |
| Century Savings Bank - 2 Year CD Account | 1.21% to 1.05% | May 9, 2012 | |
| Franklin Mint Federal Credit Union - 12 Month CD Account | 0.50% to 0.40% | May 8, 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.
Escorting your wife every week to a Main Street Restaurant is a tradition you’ve carved out for the two of you. Don’t let that become a memory from the past after you retire just because you’re now watching your spending. Let Doylestown CD and Investment Rates help you make the wisest decision as how to safely allow your money to mature at a pace you prefer.
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 Doylestown Banking Rates before you decide.
Doylestown 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 Doylestown Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.
